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Compliance Review Report Mareña Renovables Wind Project

Author: Victoria Márquez-Mees, Director of MICI, Published on: 14 September 2016

…The investigation found compliance failures and omissions with respect to various obligations contained in Operational Policies OP-703, OP-102, and OP-765. Those omissions resulted in the project being notable mainly for the opacity of its preparation and execution, in clear violation of the principles of transparency that distinguish the IDB Group. Consultation is one of those rights whose exercise requires the disclosure of information; in the case of the Marena Renewables Wind Project, the disclosure obligations established in the relevant operational policies were not complied with. Neither did the Bank comply with the provision of information in the places, languages and format that would allow for good faith negotiations…The investigation confirmed the depth and breadth of the environmental analysis and the mitigation plans devised under the Bank’s guidance. Nevertheless, with the exception of the effects on fishing activity, significant limitations were observed in the analysis of the social impact…We must also note that, in spite of identifying adverse effects on the communities’ way of life, cultural integrity, and traditional knowledge, there were no specific plans to mitigate those risks. In particular, the Bank does not seem to have taken measures to ensure access to Barra for ceremonial purposes, nor to have any considerations with respect to the cosmovision of the indigenous communities and their connection to the water…

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Related companies: Eólica del Sur (antes Mareña Renovables) Mareña Renovables (joint venture Macquarie, Mitsubishi Corp. & PGGM)