Component 1: The project will support new and existing clients to enhance their E&S performance, providing technical solutions to complex E&S challenges based on IFC's Performance Standards; and helping clients to adopt robust E&S management systems that ensure management and oversight of environmental, health and safety and other risks at the right level. As a result, high risk clients across a range of sectors will implement recommendations to improve their ESG performance and the project will help unlock new investments, These engagements and their results will be leveraged to achieve a broader impact in the market: Component 2: The project will support the enabling environment for good E&S practices in the private sector by (a) strengthening local intermediaries to provide effective support to local firms on E&S practices; and (b) furthering effective government oversight through ECD/MONREC’s improved ability to effectively implement and manage the EIA process with the quality and timeliness required by EIA procedures adopted in 2015. This component includes 2a) Strengthening local intermediaries to provide effective support on E&S practices; The capacity building to newly established Myanmar Environmental Assessment Association – MEAA by giving training on good international industry practices and have regularly joined IFC trainings and workshops under other Advisory projects. By June 2020, E&S consultants/firms will have successfully competed for assignments to support E&S challenges of private companies, either directly or as part of an international consortium. 2b) Strengthen ECD/MONREC ability to effectively implement and manage the EIA process; IFC plans to place 1-2 consultants inside ECD/MONREC to provide support on addressing EIA bottlenecks to the review process and streamline implementation. As part of this support, the IFC and World Bank will jointly carry out a diagnostic to the existing EIA systems with a view to: a) identify and quantify the operational, resourcing and administrative bottlenecks, constraints and barriers in the way of implementing the regulatory EIA process with the quality and timeliness required by the EIA Procedures (2015) and good international practice; b) map out and quantify the specific interventions and resources needed to address these constraints; and c) outline a roadmap, cost and priorities of measures to strengthen the Myanmar EIA process centered on the ECD and involving other line Ministries, sector agencies, private sector and CSOs. This work will be carried out in-line with the Environmental Sector Working Group which both WB and IFC participate in as well as the Sub-Committee EIAs. A coordinated approach to supporting ECD/MONREC is underway. ECD/MONREC will have identified operational, resourcing and administrative bottlenecks to effectively conducting EIA systems and developed a roadmap to strengthen these systems. Component 3: The project will build the knowledge of broader private sector and other stakeholder groups in Myanmar on key environmental and social challenges, solutions, and good management practices, with a focus on power, infrastructure, agriculture and tourism sectors. Participants to IFC sponsored events will report increased knowledge of E&S issues and 2-3 guidance notes will be published on the level of inquiry clients will need to apply in line with the IFC’s Performance Standards and investment risks.