Public Consultation & Community Development (FPIC, BCS)
Ensuring 'Free, Prior, Informed Consultation' and 'Broad Communit Support'

As most project developer and investors are aware, effective public consultation, community engagement, and community development are important for the following reasons. They help project sponsors understand and incorporate local issues of concern into project design and impact assessment studies. They facilitate credibility and establish trust and good will. They help design and provide needs-based project benefits (upsides) to local communities. And they contribute to creating Broad Community Support (BCS) and form part of Free, Prior, Informed, Consultation (FPIC), as defined in the IFC Performance Standards and Equator Principles. 
 
Broad Community Support (BCS) and Free, Prior, Informed, Consultation (FPIC) are subject to incresingly critical due diligence testing and can be the cause of unwelcome investment delays. Prizma can assist in developing and implementing effective public consultation strategies and community development plans to produce bankable PCDPs (Public Consultation and Discloure Plans) and CDPs (Community Develoment Plans), and help project developers demonstrate Broad Community Support (BCS) and Free, Prior, Informed, Consultation (FPIC).

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