The International Finance Corporation (IFC) and the Inter-American Development Bank (IDB) risk breaching their own social and environmental safeguards if they provide funding for the Peru liquefied natural gas project, or Camisea II.
Peru
Environment
News
CAO fails to reduce conflict in Peru
A report by Friends of the Earth finds that the 'roundtable dialogue' set up by the World Bank's Compliance Advisor Ombudsman (CAO) has been unable to fulfil its objectives to intervene effectively in conflicts between the IFC-supported Yanacocha mine company and affected communities in Cajamarca, Peru.
Land
News
IFC-funded goldmine shut down by local protest
Following two weeks of protests and road blocks that shut down the city of Cajamarca…
Social services
News
Another water war?
Bank involvement in the dual privatisation-decentralisation of water provision in Peru runs ahead of the establishment of the capacity of local governments to regulate and could undermine fiscal stabililty.
Social services
News
SAP protests still raging: Latin America examples
A summary of recent protests against IMF-imposed structural adjustment programmes in Latin America.
Environment
News
US NGO challenges Peru mine inspection process
Project Underground, a US NGO working on mining issues, has released a damning assessment of the way that the IFC’s Compliance Advisor/Ombudsman (CAO) has handled complaints about a mine in Peru.
Accountability
News
No investigation into Peru goldmine corruption
The World Bank has recently announced that it will not be taking action following allegations of corruption levelled at corporate clients in Peru and Lesotho. The Peru goldmine and Lesotho dam cases lead some Bank-watchers to question the Bank’s high-profile commitment to rooting out corruption.
Environment
News
Peruvian mine blockade, complaint filed
In early March an estimated 5000 people from towns near the Yanacocha mine blockaded one of the main roads leading to the mine.
