D2D Peru 2 (IFC-606274)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Peru
Geographic location where the impacts of the investment may be experienced.
Specific Location
Monquegua
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 23, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Anglo American Peru
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 10, 2024

Disclosed by Bank Jan 27, 2022


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The project will enable local leaders, including women, to convey to their communities relevant, reliable, and useful information related to mining and energy projects contribution to Moquegua’s regional development. The project is expected to: - enable access of local leaders to easy- to- digest information; - improve the knowledge and understanding of local leaders, including women, of relevant topics related to mining and local development; and - contribute to enhancing local leaders’ capacity to convey understandable and useful information to the local communities.

The project will be implemented in the region of Moquegua and will seek to enable local leaders, including women, to convey to their communities relevant, reliable, and useful information related to mining and energy projects’ contribution to regional development. The project will test different tools, asses and understand local leaders in the region as the different patterns of women and men information needs and gaps, how to share and communicate complex technical, financial and social information in user-friendly formats and testing virtual means to more effectively reach them.

Preparatory work.
This includes identification of local leaders, preparing a gender strategy and the selection and validation of key priority topics. These topics may include: canon and royalties, distribution and the rules of use by subnational governments, public investment cycle and the budgeting process in subnational governments, including participatory spaces; public-private initiatives in the region, among others.

Implementation of activities.
A) Information packages
The project will prepare Information, dissemination and training packages. For this purpose, it will transform available information it into an understandable and easy to access digital formats. Communications pieces may include outlets, infographics with information and findings, short videos or audios, social media posts, among others. All of these pieces will incorporate gender lenses.
Dissemination of information to local leaders. – the project will test social media as an engagement tool to gear the interest of and develop a relationship with leaders, including women. Through these tools, leaders will be engaged with communications pieces prepared by the project.
Feedback gathering.- The final activity for each information package will include feedback mechanisms to gather the relevance and usefulness of the information disseminated virtually. Feedback mechanisms may include surveys or gaming tools.

B) Training of local leaders.
Digital training will allow leaders to have access to reliable information and to deepen their knowledge to better understand key concepts related to mining activity and its relationship with regional development. The project will produce training modules for each topic which will be complementary and aligned to information packages described above. The training modules may include self-paced virtual training sessions, short videos and audios, etc. Gender training modules will be developed in addition to the thematic training modules and will seek to address gender barriers expressed by women. These modules are expected to increase women leaders voice and agency to demand information.

C) Systemizing and sharing the experience
Activities to systemize and share the project’s experience will start since the beginning of project implementation and will be more intense at the end of the project. All the information packages and communications pieces produced under the project will be made available to stakeholders through a virtual space. The final month of implementation will be used to finalize the systematization of the experience and prepare a Case Study which will include lessons and recommendations for an effective working model.

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

The project will enable local leaders, including women, to convey to their communities relevant, reliable, and useful information related to mining and energy projects contribution to Moquegua’s regional development.

The project is expected to:
- enable access of local leaders to easy- to- digest information;
- improve the knowledge and understanding of local leaders, including women, of relevant topics related to mining and local development; and
- contribute to enhancing local leaders’ capacity to convey understandable and useful information to the local communities.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated on the company's website, Anglo American is a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore & more.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Anglo American PLC Client Mining

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works