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Stephen Parsons, ExIm Bank. The World Bank has prepared and disseminated Guidelines for Environmental Screening and Classification which summarize coverage. In accordance with MIGA's policies and procedures, assess the potential environmental and social (E&S) risks and/or impacts of assigned projects, where MIGA guarantee support is being considered, against the requirements of MIGA Performance Standards (PSs) on Environmental and Social Sustainability, and prepare a written summary of the project and potential environmental and social risks and impacts for public disclosure on MIGA's website. Ongoing Developments in Satellite Remote Sensing for Environmental and Social Impact Assessment: focussed on new technology solutions and how they can contribute to impact assessment and monitoring. As institutions engaged in private sector development, IFC and MIGA have adopted safeguards and standards applicable to the private sector. Here at the IRM we hope that these findings will have positive consequences across IAMs and IFIs, including within our own institution. Miga environmental and social policies and trends. MIGA already plays a unique role within the PRI space, and its product and position will allow it to expand further supporting private investment, as well as the valuable development impact that can come with it. IUCN Red List of Ecosystems, the Key Biodiversity Areas (KBA) Standard, and Critical Habitat. Provide support in climate finance tracking and reporting to internal and external stakeholders. IAIA is not responsible or liable for the actions or activities of the Branches. Wednesday, August 23, 2017 @ 3:00 pm. Based Freeport, the mining project is widely notorious for its environmental and human rights impacts. A Brief History of MIGA. IFC Management will provide internal guidance to staff regarding categorization as part of the update of its Environmental and Social Review Procedures, which will be finalized at the completion of the ongoing process of updating IFCs Sustainability Framework.
CAO completed an investigation of IFC's investment in a paper and pulp manufacturing project in Malaysia, which addressed concerns about labor standards, including the right of workers to form a MORE. Related advisory notes in 2022 will provide information and recommendations to assist IFC in developing a coherent framework as it relates to both responsible exit and remedy. All the best, Ariel and Debra. Private investors need assurance that their portfolios in politically risky countries are guaranteed. Environmental and Social Development Specialist at WBG, Washington D.C., United States. This process was initiated in October 2012 and is expected to continue till end-2014. She is founding co-chair of the IAIA Cultural Heritage Section.
Please RSVP by return email to Debra () and Ariel() if you plan to attend to enable us to prepare appropriately. As Biodiversity Focal Point, Lori works across the regions and sectors on biodiversity-related issues, with a focus on the infrastructures and renewable energy. These include risk insurance against foreign exchange restrictions, an outbreak of conflicts or wars, imposed spending limits, and related restrictions on company assets. Relations between CAO and IFC Management. New tools and guidelines related to climate change will provide opportunities for future WAB presentations and Climate Change Session webinars. Social safeguard policies on involuntary resettlement and indigenous peoples aim to promote inclusion of the most vulnerable groups, to protect indigenous peoples and those who may be involuntarily displaced, and to mitigate the effects of resettlement on those who have been involuntarily displaced. There were dedicated meetings with Indigenous Peoples and project-affected people as well as expert meetings on "emerging issues" such as climate change, human rights, labor issues, and land tenure. See: Impact Assessment's Contribution to the Global Efforts in Addressing Climate Change. Raymi Beltran of IFC, and Charles Hernick of The Cadmus Group, jointly presented their recent work in Assessment of Biodiversity, Critical Habitat, and Ecosystem Services – Recent Experience from Africa and Latin America, with Reference to the IFC Performance Standards. MIGA : Managing environmental and social risks. Article prepared by Katrina Lehmann-Grube and Christine Reddell. Revise the current approach to safeguards pilots on use of country systems to focus on strengthening country institutions and systems to manage environmental and social risks. In response to growing demand for accountability and the need for impacted communities to access non-judicial recourse, IFIs has established independent accountability mechanisms (IAMs) mandated to receive complaints from communities. MIGA analyzed the Findeter's portfolio for types of transactions, tenor, size, industry sectors, and exposure to MIGA's Exclusion List.
This project has thus been categorized as FI-1 under MIGA's Policy on Environmental and Social Sustainability (2013). WAB was delighted to host The Netherlands Commission for Environmental Assessment (NCEA), The Nature Conservancy (TNC), the International Hydropower Association (IHA), and the World Bank who all shared experiences and best practices on how system-scale energy and hydropower planning and project-level sustainability assessments can produce better outcomes for biodiversity and people. Everyone will pay their own way. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. ExIm's efforts have focused on appropriate consideration of new coal-fired power plant investments. Environmental and Social Development Specialist job in Washington at World Bank Group. Strengthen capacities, systems, and organisational mindsets to address concerns and complaints from affected people.
The World Bank Group (WBG) is currently seeking applications from the eligible applicants for the post of Environmental and Social Development Specialist in Washington D. C., United States. Zambrana-Torrelio holds a PhD from Sapienza Università di Roma on Environmental and Evolutionary Biology, as well as degrees in Biology and Ecology from Universidad Mayor de San Andres in Bolivia and the University of Puerto Rico. Created in 1998, the CAO is by nature an advisory and problem-solving mechanism. MIGA strives for positive development outcomes in the investment projects we insure. MIGA also provided political risk coverage to the PT Enron Java Power Co. and had to pay a claim to PT Enron when the Indonesian power company, PLN, cancelled its power purchase agreement with PT East Java Power Co. -- a subsidiary of PT Enron Java Power Co. Indonesia incurred a USD15 million penalty. Miga environmental and social policies procedures manual. This remains one of the weakest points across the board for IAMs where even with findings of non-compliance, affected people are often left with no or inadequate remedy. The recommendations of this review will be factored into Bank Managements review of global good practice, which will be carried out in preparation of an overall update of Bank policies on project safeguards.
In its compliance role, CAO independently verifies project due diligence and policy compliance to ensure that IFC and MIGA project outcomes are aligned with their environmental and social commitments. MIGA is central to the World Bank Group's role in catalysing private sector finance for development. The projects included the Henri Konan Bedié toll bridge in Abidjan, the introduction of combined cycle technology to the Azito thermal power plant, and the construction and operation of an offshore oil and gas facility. 00 as an integral element of the ongoing process for updating and consolidation of the environmental and social safeguard policies. Miga environmental and social policies procedures. Post-graduate degree in a relevant discipline including engineering, environment, or equivalent technical professional qualification. Create a more active response culture and greater willingness to engage with clients and complainants. Manufacturing||20%||12%||15%|. He has made significant contributions to the development of the research on ecosystem health, especially as it relates to biodiversity loss, land use change, disease emergence and their economic implications.
QACU indicated that these issues are currently being addressed as follows: (a) Labor and Working Conditions. He also is part of a working group (along with Arlene Fleming) convened by ICCROM and IUCN to develop a tool kit and training related to cultural heritage and impact assessment as part of the World Heritage Leadership Programme. Thirdly, MIGA's environmental and disclosure policies remain weak. The agency also provided guarantees worth $1. While MIGA staff will, from time to time, visit project sites and review a sample of projects, MIGA has to rely heavily upon information provided by its clients to monitor projects. Pre-2006 Safeguard Policies.
IAIA and IAIA-WAB co-hosted a joint webinar on a new practical tool for grievance mechanisms: the Compliance Advisor Ombudsman's (CAO) online and interactive GRM toolkit. Timeline: In parallel with the update of Bank safeguards (see below) and following Board approval of the updated IFC Sustainability Policy and Performance Standards. Yet, they involve two extremely controversial cases, the Freeport McMoRan Grasberg mine and the PT East Java Power Co. Co-chairs of the Washington Area Branch. US Government Executive Orders and Policies.
These investigations are ongoing, together with 3 in Albania, Egypt, and Guatemala. This amount totalled USD 23. The Proposed Framework provides for proportionate allocation of skills and resources where projects most need them, while the overall approach to managing environmental and social risks and impacts is not diluted. 2 billion in 2009 to support the economies in Europe and Central Asia following the global financial crisis. Reference was made to the following resources: In addition, we provided other IAIA-related announcements: This presentation provided details of the resettlement implementation work conducted as part of the Lusaka Water Supply, Sanitation and Drainage (LWSSD) Project in Lusaka, Zambia – which included construction of 600 kilometers of water, sanitation and drainage pipes and canals in an urban setting. Summarized from: DTE IFIs updates and factsheets are available in English and Bahasa Indonesia. • Define steps required to ensure compliance with the PSs and the WBG Environmental, Health and Safety (EHS) Guidelines. In these contexts, they used data from the BMAPs to respond to industrial environmental challenges, explored solutions that not only benefit biodiversity, but also fulfilled corporate mandates and account for the values of local communities and other stakeholders. The Multilateral Investment Guarantee Agency (MIGA) can assist. Agreed/Partially Completed. His presentation is available here.
Colombia has committed as part of its NDCs to a 51% GHG emission reduction by 2030 compared to business as usual and carbon neutrality by 2050. The agency aims to support economic growth, reduce poverty, and improve people's lives through foreign direct investment into developing countries. Our speakers were: They shared their experiences in designing and implementing biodiversity monitoring and assessment programs (BMAPs) with the oil and gas industry – see their presentation here [insert hotlink to the file "Smithsonian IAIA…"]. Following the presentation to CODE of the Approach Paper in October 2012, the World Bank carried out consultations with shareholders, internal stakeholders and a wide range of external participants to seek inputs on opportunities, emerging directions and options to inform the drafting of the Proposed Framework. It also provides a loophole for avoiding the procedures that require the Agency to follow a host of "safeguard" policies such as policies on indigenous peoples, information disclosure, involuntary resettlement, forestry, etc., and instead apply other "internationally recognized standards of best management practices" if guidelines and host country laws do not exist. He provided the following figure to help assess potential impacts from labor influx: Josefina Doumbia – is a Principal Environmental Specialist at the IFC. The fund managers may use this contract to raise funds from institutional investors that are interested in taking commercial risks (and returns) associated with the investments but are concerned about political risks. In parallel a global review of good practices and lessons learned was conducted, including a review of the relevant policies of other MDBs. The second draft ESF also systematizes and integrates the current requirements for environmental protections and extends them in accordance with IFCs Performance Standards.
5 million from re-insurers and USD 880, 000 from the Indonesian government. The presenters will provide an overview of the history of the RLE, the KBA Standard, and the critical habitat criteria as applied by multilateral financial institutions (MFIs), Equator Principles financial institutions (EPFIs), industry, and impact assessment practitioners. After appraisal, 2 cases regarding the Tata Ultra Mega power plant in India and Bujagali hydropower project in Uganda were merged into ongoing monitoring of IFC. However, several regional safeguard units (e. g. EA, ECA) have already started this process by simply requiring the OSH guidance presented in the WBG EHS Guidelines be incorporated into or cross referenced in the EMPs of Category A and B projects. Closing Date: 9/28/2021 (MM/DD/YYYY) at 11:59pm UTC. Will Knowland and Debra Zanewich.