MICI-CII-CO-2023-0210

Pamplona-Cúcuta Toll-road - Social Bond

Country: Colombia

Reception date: June, 15 2023

Current Status: Open

Requesters: 
 

Two residents of the city of Cúcuta, Colombia.

 

Summary of the Request

The Request alleges a potential damage to the economy of the Requesters due to the expropriation, without adequate compensation, of a strip of land, where a mining concession owned by the complainants. 

The Requesters allege that consequential damages, such as the destruction of infrastructure, the limitation of access to the mine and the cost of environmental license modifications, were not considered.

Likewise, the Request mentions that there was loss of profits since the expropriation of the land made it completely impossible to extract coal from the mine. All of the above, they allege, would constitute an alleged breach of the relevant policies of IDB Invest.

 

 

Recent actions

On February 13, 2024, the Executive Board approved an extension of the deadline for preparing the draft. The new deadline expires on February 23.

 

Past actions

On June 20, 2023, MICI notified the Requesters and IDB Invest Management of the registration of the Request.

On August 21, 2023, the MICI determined that the Request was eligible because it met all the eligibility criteria set forth in the MICI Policy.

The eligibility determination process has at no time been an investigation of the Project or IDB Invest. The fact that the Request was declared eligible is not a determination of compliance or non-compliance by the institution with its Policies and/or Performance Standards.

The Request was referred to the Consultation Phase by decision of the Requesters.

On October 17, 2023, the Board of Executive Directors approved, by short procedure, an extension of the deadline for the Assessment stage until December 20. The objective of this extension is to continue exploring the viability of a dialogue process between the group of requesters, the client and IDB Invest's management.

On December 19, 2023, MICI submitted its Consultation Phase Assessment Report, concluding the inexistence of conditions to begin a dispute resolution process. The report was distributed to the IDB Invest Board of Executive Directors for information. The management of the case is transferred to the Compliance Review Phase.

The deadline for the elaboration of the Recommendation for a Compliance Review and Terms of Reference is February 8, 2024.

 

Project Number:

14094-01


Environmental Category:

A


Project Name:

Pamplona-Cúcuta Toll-road - Social Bond


Sector:
 

Transport


Project Type:
 

Loan Operation


IDB Invest Financing:

USD 175,000,000.00


 
 
 
      
Registration
Registered
Eligibility
Eligible
Assessment
Consultation Process
Monitoring
Recommendation for a CR and ToRs
Investigation
CR Report
Monitoring

Registration

Consultation Phase (CP)

Compliance Review Phase (CRP)

Chronology and documents

Steps and milestonesDateRemarksDocuments
Registry

36430

Request Receipt

2023-06-15  

36431

Notice of Registration

2023-06-205 business days from the date of receipt of the Request or 15 business days when further information is required from the Requesters.
Elegibility

36432

Management Response

2023-07-2121 business days from the date of notice of registration. The response will be published as an annex to the Eligibility Memorandum.

36433

Eligibility due date

2023-08-2121 business days from the date of receipt of Management Response or 45 business days after the Suspension is granted. 

36897

Eligibility Memorandum Public Disclosure

2023-09-06As per the Access to Information Policy (OP-102) the disclosure of this document is done simultaneous to its distribution to the Board of Executive Directors.
Consultation phase
Assessment

402

Deadline for Assessment

2023-10-1740 business days from the date of issuance of the eligibility memorandum. The deadline was extended to December 20, 2023.

387

Assessment Report Public Disclosure

2023-12-19As per the Access to Information Policy (OP-102) the disclosure of this document is done simultaneous to its distribution to the Board of Executive Directors.
Consultation Phase Closure

388

Notification to Parties

2024-01-11 
 
Compliance Review Phase
Recommendation for a Compliance Review and Terms of Reference (ToRs)

345

Preparation of Draft Recommendation and ToRs due date

2024-02-2321 business days from the start date of the Compliance Review Phase. On February 13, 2024, the Executive Board approved an extension of the deadline for preparing the draft. The new deadline expires on February 23.