Deal #805

Colombia
Created at
2013-02-15
Last update
2023-03-18
Last full update
2023-03-16

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: Multiple issues - return to & see reviewer's comments. Check second investor is Spanish Import of error check - Reviewer's overview comment: It would be necessary to find more recent news about the state of the oil exploitation project and to set it in the context of a long fight of U'Wa people for the demarcation of their territory and against the oil exploitation inside it (which became a national and international cause). There is an important controversy between indigenous and State about the process of previous consultation that as to be made before any exploitation in an indigenous territory. State tends to reduce it to an informative process while indigenous claim for their right to veto a project of exploitation. It seems that the company is already exploiting 15 thousand hectares of the field. The results were kind of disappointing. There is a legal dispute between the oil company and the indigenous group. The indigenous refuse to participate in the consultation process because they argue it will be used as a legal certification that they were consulted, without further consequences. There has been environmental issues from the attacks to the pipeline close in the area from the FARC and ELN groups. There has been a marked militarization of the area.