Programa de Enfoque Sectorial Amplio de Apoyo a la Biodiversidad, Cambio Climatico y Gestion Ambiental (CAF-EC-51015)

Countries
  • Ecuador
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Development Bank of Latin America (CAF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
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."
Borrower
Government of Ecuador
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 250.00 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 @ CAF website

Updated in EWS Aug 26, 2022

Disclosed by Bank Aug 17, 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 DESCRIPTION WAS NOT AVAILABLE AT THE MOMENT OF THE SNAPSHOT.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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

According to the CAF website, you can use the following form to contact CAF: https://www.caf.com/es/contacto/.

 

ACCOUNTABILITY MECHANISM

CAF does not currently have an independent accountability mechanism to accept complaints from communities related to CAF-financed projects. CAF does have a contact point for complaints related to money laundering and the financing of terrosism, a committee to receive complaints about ethics and fraud and a transparency committee to detect, prevent and investigate reports of corruption and fraud of internal and external agents related to CAF’s projects.  

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How it works