Nepal: Cable Car-01

Date Filed
27 Sep 2025
Status
Open
Phase
Assessment
Country
Nepal

Case Tracker

Eligibility
August 26, 2025-December 11, 2025
Eligibility
Assessment
Status as of November 12, 2025
Assessment
Dispute Resolution
Compliance
CURRENT Status
Assessment
Status as of November 12, 2025

Complaint Overview

Complainant

Confidential

Concerns

Environmental, cultural, and social harm, lack of risk assessment, economic displacement, biodiversity impacts, absence of prior consent, destruction of sacred sites, intimidation, and delayed disclosure that hindered community engagement.

Cross-Cutting Issues
Biodiversity Cultural Heritage IFC/MIGA Due Diligence loss of livelihood

Project Information

Region
South Asia
Institution
IFC
Name & Number
IFC Project Number: 607394
Company
IME Group
Sector
Advisory Services
Department
Infrastructure
Category
FI
Commitment

USD $156,746 

Synopsis

Project Overview

IFC is supporting IME Group in preparing four cable car projects through technical, financial, environmental and regulatory advisory services, as well as corporate governance support for the future operating entity. IFC indicated that it would explore blended and climate finance options to strengthen project viability and that, in return, it would seek the opportunity to act as lead financing arranger and mobilize additional investors, subject to agreed protections under the Project Services Agreement.

Complaint

In August 2025, CAO received a complaint from community members regarding one of the cable car projects, alleging environmental, cultural, and social harm associated with the proposed project. The complaint raised concerns related to the lack of adequate risk assessment, economic displacement, impacts on biodiversity, the absence of prior consent, the destruction of sites of cultural and spiritual significance, and incidents of intimidation. The complainants also indicated that delayed disclosure of project information hindered meaningful community engagement.

Action

In December 2025, CAO found the complaint eligible and began its assessment. 

Status

The case is under assessment.

Status as of March 10, 2026. 

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