Comentarios a las propuestas de ‘Enfoque relativo a Medidas Correctivas’ y ‘Enfoque sobre la Salida Responsable’ de la Corporación Financiera Internacional y el Organismo Multilateral de Garantía de Inversiones

The document argues that IFC and MIGA proposals fail to address the need for effective remediation of environmental and social damages and lack a human rights-based approach to responsible exit from projects.

• The authors contend that the IFC and MIGA proposals ignore the 2020 External Review's Recommendation No. 10, which stated that these institutions should contribute to remedial measures when their non-compliance contributed to damages.
• The document criticizes the IFC/MIGA for lacking a human rights approach, specifically objecting to the claim that remedial measures should be considered 'ex gratia' rather than a legal obligation under international human rights law.
• The authors argue that effective reparation must include both a procedural dimension (access to mechanisms) and a substantive dimension (actual results), encompassing restitution, compensation, rehabilitation, satisfaction, and guarantees of non-repetition.
• The statement asserts that 'Responsible Exit' must be linked to integral reparation, meaning the IFC should not divest from a project without first ensuring that affected communities are satisfied with the remediation.
• The document highlights several case studies where international financial institutions failed to provide effective remedy, including drainage works in La Paz and El Alto (Bolivia), the Hidroituango project (Colombia), and the San Mateo and San Andrés hydroelectric projects in Yichk±sis (Guatemala).

APA

Center for International Environmental Law (2023). Comentarios a las propuestas de ‘Enfoque relativo a Medidas Correctivas’ y ‘Enfoque sobre la Salida Responsable’ de la Corporación Financiera Internacional y el Organismo Multilateral de Garantía de Inversiones. https://www.ciel.org/wp-content/uploads/2023/02/Comentarios-a-propuestas-de-Enfoque-relativo-a-Medidas-Correctivas-y-Salida-Responsable-de-CFI-y-OMGI-Abril-2023.pdf

Chicago

Center for International Environmental Law. Comentarios a las propuestas de ‘Enfoque relativo a Medidas Correctivas’ y ‘Enfoque sobre la Salida Responsable’ de la Corporación Financiera Internacional y el Organismo Multilateral de Garantía de Inversiones. 2023. https://www.ciel.org/wp-content/uploads/2023/02/Comentarios-a-propuestas-de-Enfoque-relativo-a-Medidas-Correctivas-y-Salida-Responsable-de-CFI-y-OMGI-Abril-2023.pdf.

Wikipedia

{{cite press release |author=Center for International Environmental Law |title=Comentarios a las propuestas de ‘Enfoque relativo a Medidas Correctivas’ y ‘Enfoque sobre la Salida Responsable’ de la Corporación Financiera Internacional y el Organismo Multilateral de Garantía de Inversiones |date=20 April 2023 |url=https://www.ciel.org/wp-content/uploads/2023/02/Comentarios-a-propuestas-de-Enfoque-relativo-a-Medidas-Correctivas-y-Salida-Responsable-de-CFI-y-OMGI-Abril-2023.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{centerforinternationalenvironmentallaw2023comentarios, author = {{Center for International Environmental Law}}, title = {{Comentarios a las propuestas de ‘Enfoque relativo a Medidas Correctivas’ y ‘Enfoque sobre la Salida Responsable’ de la Corporación Financiera Internacional y el Organismo Multilateral de Garantía de Inversiones}}, publisher = {Center for International Environmental Law}, year = {2023}, month = apr, url = {https://www.ciel.org/wp-content/uploads/2023/02/Comentarios-a-propuestas-de-Enfoque-relativo-a-Medidas-Correctivas-y-Salida-Responsable-de-CFI-y-OMGI-Abril-2023.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }