on Camisea Pipeline Project in Peru
D.C. -- House Democratic Leader Nancy Pelosi released the following
statement regarding the Inter-American Development Banks vote
today to approve loans for the Camisea gas pipeline project in Peru.
The Pelosi amendment, enacted as part of the International Development
and Finance Act of 1989, prevents the U.S. executive director at
the International Development Bank from voting to approve any project
that would have a significant impact on the environment unless an
environmental assessment is made publicly available:
unfortunate that the United States chose to abstain from todays
vote on the Camisea pipeline project. To follow the intent of the
Pelosi amendment, the U.S. should have voted no.
than two weeks ago, the Export-Import Bank rejected funding for
the project on the basis of environmental concerns. U.S. opposition
at the Inter-American Development Bank today would have sent a clear
message that significant changes to the Camisea project are needed
to protect the environment and indigenous peoples in Peru.
of Peru and the sponsors of the Camisea project should implement
stronger environmental and social safeguards immediately and locate
the proposed natural gas processing plant further away from the
environmentally-sensitive Paracas National Reserve.