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Reference: SG/E/2016/18
Received Date: 28 September 2016
Subject: CA CCFL Reventazon Hydropower
Complainant: Confidential
Allegations: Alleged non-compliance with the EIB’s environmental and social safeguards for the project
Type: E - Environmental and social impacts of financed projects
Suggestions for improvement: no
Admissibility*
Assessment*
Investigation*
Dispute Resolution*
Consultation*
Closed*
5/10/2016
2/05/2017
17/07/2019

* Admissibility date reflects the date the case was officially registered. All other dates pertain to the date in which a stage was completed.

Case Description

Complaint

On 28 September 2016, the EIB Complaints Mechanism (EIB-CM) received a complaint concerning the Reventazón Hydroelectric project. The complainant has presented four main allegations: (i) non-compliance with the Bank’s standards concerning nature protection; (ii) failure to reconstruct the Mesoamerican Biological Corridor; (iii) non-compliance with the obligation to remove the vegetation from the reservoir area; and (iv) failure to conduct land acquisition in line with the Bank’s standards.

The project consists of the construction of a new 305.5 MW hydroelectric plant with a large dam and a medium-sized reservoir on the Reventazón River in Costa Rica. The project is expected to contribute to climate change mitigation and security of electricity supply by providing hydropower to meet increasing demand for electricity in Costa Rica and the region.

 

Project Information