| Performance Standard | Description and Potential Impact | Mitigation |
|---|
| PS 1. Assessment and Management of Environmental and Social Risks and Impacts | As part of its Due Diligence process, IFC is in the process of reviewing project risks, including environmental and social (E&S) risks, and assessing the projects consistency with IFCs Performance Standards. Based on sector and context specific risks, the project has the potential for E&S risks. Therefore, at this stage, it is expected that E&S risk and issues contemplated by Performance Standards is present. | In its advisory role, IFC will assist the client, the final decision maker, in defining measures to identify and manage E&S risks and impacts of the project and allocating the responsibilities for the development of such measures, to either the public or private sector partner. It is anticipated that risk identification and mitigation measures may include development of Environmental and Social Impact Assessment studies or similar, supplemented by additional studies as required, and Environmental and Social Management Plans. IFC's advice will be provided in a manner consistent with IFCs Performance Standards as defined in IFCs Policy on Environmental and Social Sustainability. |
| PS 2. Labor and Working Conditions | As part of its Due Diligence process, IFC is in the process of reviewing project risks, including environmental and social (E&S) risks, and assessing the projects consistency with IFCs Performance Standards. Based on sector and context specific risks, the project has the potential for E&S risks. Therefore, at this stage, it is expected that E&S risk and issues contemplated by Performance Standards is present. | In its advisory role, IFC will assist the client, the final decision maker, in defining measures to identify and manage E&S risks and impacts of the project and allocating the responsibilities for the development of such measures, to either the public or private sector partner. It is anticipated that risk identification and mitigation measures may include development of Environmental and Social Impact Assessment studies or similar, supplemented by additional studies as required, and Environmental and Social Management Plans. IFC's advice will be provided in a manner consistent with IFCs Performance Standards as defined in IFCs Policy on Environmental and Social Sustainability. |
| PS 3. Resource Efficiency and Pollution Prevention | As part of its Due Diligence process, IFC is in the process of reviewing project risks, including environmental and social (E&S) risks, and assessing the projects consistency with IFCs Performance Standards. Based on sector and context specific risks, the project has the potential for E&S risks. Therefore, at this stage, it is expected that E&S risk and issues contemplated by Performance Standards is present. | In its advisory role, IFC will assist the client, the final decision maker, in defining measures to identify and manage E&S risks and impacts of the project and allocating the responsibilities for the development of such measures, to either the public or private sector partner. It is anticipated that risk identification and mitigation measures may include development of Environmental and Social Impact Assessment studies or similar, supplemented by additional studies as required, and Environmental and Social Management Plans. IFC's advice will be provided in a manner consistent with IFCs Performance Standards as defined in IFCs Policy on Environmental and Social Sustainability. |
| PS 4. Community Health, Safety and Security | As part of its Due Diligence process, IFC is in the process of reviewing project risks, including environmental and social (E&S) risks, and assessing the projects consistency with IFCs Performance Standards. Based on sector and context specific risks, the project has the potential for E&S risks. Therefore, at this stage, it is expected that E&S risk and issues contemplated by Performance Standards is present. | In its advisory role, IFC will assist the client, the final decision maker, in defining measures to identify and manage E&S risks and impacts of the project and allocating the responsibilities for the development of such measures, to either the public or private sector partner. It is anticipated that risk identification and mitigation measures may include development of Environmental and Social Impact Assessment studies or similar, supplemented by additional studies as required, and Environmental and Social Management Plans. IFC's advice will be provided in a manner consistent with IFCs Performance Standards as defined in IFCs Policy on Environmental and Social Sustainability. |
| PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources | As part of its Due Diligence process, IFC is in the process of reviewing project risks, including environmental and social (E&S) risks, and assessing the projects consistency with IFCs Performance Standards. Based on sector and context specific risks, the project has the potential for E&S risks. Therefore, at this stage, it is expected that E&S risk and issues contemplated by Performance Standards is present. | In its advisory role, IFC will assist the client, the final decision maker, in defining measures to identify and manage E&S risks and impacts of the project and allocating the responsibilities for the development of such measures, to either the public or private sector partner. It is anticipated that risk identification and mitigation measures may include development of Environmental and Social Impact Assessment studies or similar, supplemented by additional studies as required, and Environmental and Social Management Plans. IFC's advice will be provided in a manner consistent with IFCs Performance Standards as defined in IFCs Policy on Environmental and Social Sustainability. |