Communities
Relocation and community transition
Where an activity requires land, and where an activity ends, the effects on the people concerned are planned for rather than dealt with as they arise.
The position
No relocation is under way. This page states the requirements that would govern one, and the requirements that govern social transition at closure, because both are matters on which a reader is entitled to know the standard before the situation arises rather than after.
Key facts
Current position
No relocation is under way; this page states the standard that would govern one.
Avoidance
Avoidance is the first requirement, and we record the alternatives we considered.
Compensation
Compensation is at full replacement cost, paid before displacement, and extends to customary and informal rights.
Completion
We assess completion on livelihood restoration, not on payment having been made.
Land acquisition and resettlement
Where an activity requires land acquisition, Performance Standard 5 of the IFC Performance Standards is applied as the reference standard. Its central requirements are stated here in the form the framework uses.
Where an activity may affect the lands or resources of Indigenous peoples, the requirements on that page apply in addition, including engagement directed at Free, Prior and Informed Consent.
Involuntary resettlement and the role of the State
Land acquisition in Peru may involve State processes as well as private negotiation. Where the State conducts a process, our role is to provide the information the process requires and to participate in it, and the standards on this page continue to apply to our own conduct within it. We do not treat a State-conducted process as removing the requirements Performance Standard 5 sets.
Records
Land, resettlement and transition arrangements generate commitments, and those commitments enter the commitments register with an owner and a date. We retain compensation, consultation and monitoring records, because the effects of a resettlement are assessed over years and the record has to outlive the people who made it.
Reporting
Where a relocation takes place, it is reported in accordance with the applicable reporting requirements, on the basis that completion is assessed on livelihood restoration rather than on payment having been made.
Raising a concern
Employees, suppliers, communities and any other party may raise a concern through the confidential reporting channels. We provide for anonymous reporting, and we do not tolerate retaliation against a person who raises a concern in good faith.
Social transition at closure
Closure is a social event as well as a physical one. An activity that has provided employment, procurement and services to a locality changes those conditions when it ends, and the effect is concentrated on the people least able to absorb it.