Environmental and Social Impact Assessment for Bamboo Bioproducts Pulp Mill (DFC-BAMBOO)

Countries
  • Jamaica
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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."
Borrower
Bamboo Bioproducts Ltd.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Investment Amount (USD)
Not Disclosed
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 @ DFC website

Updated in EWS May 28, 2024


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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.

According to the "Initial Project Summary" document, the Project involves the construction and operations of a 175,000 air-dried metric tonnes per annum Conventional Baled and Fluff Bamboo Pulp mill in Westmoreland, Jamaica. The Project will produce pulp for the international export market where it will be converted primarily into diapers and sanitary products. Under a separate business enterprise (not part of the DFC use of proceeds), the Sponsor will supply feedstock locally for the mill by developing and operating 6,070 hectares of bamboo plantations in Jamaica using Bambusa vulgaris, an introduced clumping species of bamboo commonly found growing in the country. The Project will adhere to the Jamaica Standard Code of Practice for Bamboo Plantation (2021) and will obtain Forest Stewardship Council certification for the mill, mill products and farming operations. The bamboo plantations are considered associated facility under IFC Performance Standard 1.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

According to the "Initial Project Summary" document, the Project is screened as Category A because the Project involves pulp production with a production capacity exceeding 200 air-dried metric tonnes per day. The major environmental and social issues related to the Project include the potential for impacts related to climate resiliency, pollution prevention, worker health and safety, community health and safety, biodiversity, labor and working conditions, and land acquisition

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.

According to the "ENVIRONMENTAL IMPACT ASSESSMENT FOR PROPOSED BAMBOO MARKET PULP MILL IN FRIENDSHIP, WESTMORELAND" document, Bamboo Bioproducts Limited (BBP) proposes to manufacture bamboo pulp in Jamaica in a sustainable and holistic manner. This bamboo will be cultivated in Jamaica and harvested on a managed and progressive basis, and then processed in a world-class pulp mill using state-of-the-art best available technology. The
bamboo pulp will be sold to multinational corporations that produce consumer tissue and personal hygiene products.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Bamboo Bioproducts Limited Client -

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.

Location of Local Access to Project Information:
BBP Limited
Address: 39 Hope Road, Kingston 10 Jamaica
Point of Contact: BBP Community Affairs Advisor
Telephone: 876-383-9745
Email: www.bamboobioproducts.com

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia

ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability

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