IFC’s Environmental and Social Lessons Learned

giovanna-bartolotta
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IFCs Environmental and Social Lessons Learned April 9, 2014 CSO Session AGENDA Dinant: Lessons Learned CAO Audit Learning Adapting Key themes Links to recent cases Dinant: Update on Action Plan Discussion 2 Dinant: Key Lessons Learned

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IFC’s Environmental and Social Lessons Learned


April 9, 2014
CSO Session<br>
02
AGENDA Dinant: Lessons Learned / CAO Audit
Learning & Adapting
Key themes
Links to recent cases
Dinant: Update on Action Plan
Discussion 2<br>
03
Dinant: Key Lessons Learned IFC acknowledges deficiencies in the handling of the Dinant investment:
During project preparation, IFC underestimated the broader risks in the Aguan Valley (land conflict, security issues, political instability)
When acute problems emerged, neither IFC nor client was prepared
IFC’s project supervision was not commensurate with level of risk
Internal communication and documentation sub-optimal

Scope of the challenges in the Aguan Valley go beyond Dinant:
Complex history of land conflict/violence requires long-term solutions
Limited ability of IFC and client to address this 3<br>