Hansa Urbana's Cabo Cortés Project in Baja California Sur

Issue Brief
May 10, 2012

Investor Risk Advisory

The Spanish developer Hansa Urbana intends to build a large-scale tourism and real estate complex called Cabo Cortés on the southeastern tip of Mexico’s Baja California peninsula. Due to its proposed scope and scale, the project could result in irreparable harm to vulnerable protected areas and endangered species, as well as negatively impact local communities. Environmental and social sustainability is necessary not only for the protection of local ecosystems and communities, but also to ensure the long-term financial success of a coastal tourism project itself. Potential investors must be fully aware of the serious concerns and risks associated with Cabo Cortés.