Mining, Extractive Industries & Capital Projects
Making them bankable, credible & sustainable

We assist project developers seeking project finance and political risk insurance from Multilateral Financial institutions (such as IFC, EBRD), Export Credit Agencies (such as EDC, JBIC, KfW, DEG, Coface, Hermes, ECGD, SACE), and commercial Project Finance Banks which have adopted the Equator Principles and follow IFC Performance Standards. Our expertise covers the scoping, development, appraisal, readiness assessment and transitioning of existing 'old school' Environmental Impact Assessments (EIAs) to 'bankable' Social and Environmental Assessments (SEAs - better known as ESIAs). 
 
Readiness assessments and experience transitioning 'old school EIAs' into bankable SEA/ESIAs have identified common weaknessess and gaps in these areas: 
  • Social baseline studies, stakeholder engagement and public consultation is weak and/or is not documented appropriately preventing developer from demonstrating Free, Prior, Informed Consultation (FPIC) and Broad Commununity Support (BCS);
  • Resettlement Action Plans (RAP) do not conform to IFC Performance Standards and result in multiple visit by independent engineers/banks and create financing delays;
  • Biodiversity risk assessment has identidied gaps or issues of concerns, which are not addressed through credible Biodiversity Offsets to ensure compliance with IFC Performance Standard 6; and 
  • Insuffient strategic alliances with civil socity and donor initiatives and concerns.

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