E & S Information
Key E&S risks may include ensuring the availability of the land upfront, receiving the necessary permits, and the timely completion of the relevant E&S studies. In the first instance IFC’s InfraVentures funding will, amongst others, be used to finance an Environmental and Social Impact Assessment (ESIA) scoping study. Where successful a full ESIA, along with supporting environmental and social studies, will be developed to ensure the project is designed, constructed, and operated in compliance with IFC Performance Standards. The ESIA is expected to include (a) detailed environmental and social baseline, (b) alternative analysis, (c) construction and operation environmental and social impact assessment and corresponding mitigation measures/ management plans, and (d) appropriate disclosure, consultation, stakeholder engagement plan including a clear grievance mechanism.