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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. Wednesday, November 2nd, 2016. MIGA : Managing environmental and social risks. Enhance steps to protect the client and give IFC/MIGA a formal voice early on in the compliance process. From 2008 to 2010, he served as the lead cultural heritage specialist for the $3. The time frame appears reasonable given the encouraging progress that has been made in the Phase 1 of the consultation period that ended on April 30, 2013.
ACCESS TO INFORMATION. Genevieve Beaulac is a Senior Environmental Specialist at the Environmental Safeguards Unit of the IDB, responsible for the design, implementation and monitoring of projects in the energy sector (wind, geothermal, hydroelectric and transmission lines. We also adhere to the World Bank Group's Environmental, Health, and Safety Guidelines available on IFC's website. L to r: Duncan Eccleston (EDM International, speaker), Cheryl Wasserman (chair of the IAIA Governance and Implementation Systems section), Charlotte Bingham (Past President IAIA), Rick Harness (EDM International, speaker). The agency also provided guarantees worth $1. ENVIRONMENTAL CATEGORIZATION. IFC has committed to engage with its client, Ugandan government institutions, and the transmission line company to address CAO's findings regarding the injured workers, unpaid wage claims, and outstanding land settlement issues. He was then awarded a Fulbright scholarship for a PhD in ecology and evolutionary biology at Princeton University (1999). The higher returns of development: MIGA's catalytic role. The main sectors supported include transport, education, housing and urban development, health, energy development, and water and sanitation. He also highlighted some emerging trends and challenges, followed by an exchange of insight and views by WAB members. Caleb Gordon reviewed broad data and biological theory in his presentation: Wind-Wildlife Issues in Latin America – Biological Perspectives. In mid-May, just a week following our May 4th session, at IAIA 16 in Nagoya, Japan, the Climate Change Section would convene what has become an annual roundtable on the topic.
It will work alongside its World Bank Group partners, other bilateral and multilateral institutions, and private reinsurers to maximize the leverage of its product and underpin investments so critically important for development. 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. She has served for two decades as consultant to the World Bank, advising on investment lending and safeguarding cultural heritage in Bank-financed projects. The proposed Project is also contributing to MIGA's strategic priority of demonstrating leadership on global issues such as climate change. Genevieve Beaulac presented very recent findings from IDB wind power projects in Oaxaca, Mexico, and Latin America – following up on her September 2014 WAB presentation, Wind Energy in Latin America, Challenges and Solutions. Lessons learnt through the external review of the IFC’s environmental and social accountability. CAO is monitoring IFC responses to 12 completed investigations, including 6 released this year, which are described below.
For example, in 1997 MIGA claimed the 70 guarantees it approved catalyzed an additional USD 4. This was followed by a brief commentary by the Head of the IRM, Dr Lalanath de Silva, on the similarities and differences between the two institutions, and what we as the GCF and IRM may learn from these findings. The virtual event was attended by approximately 40 staff, many of whom contributed to the debate with interesting questions and insights. FI 3: when existing or proposed portfolio expected to include business activities that predominantly have minimal or no adverse environmental or social impacts. CAO has received seven eligible complaints from local communities and dam workers regarding the project since MORE. She has nearly a decade of experience in environmental and social management of renewable energy projects, including compliance with local legislation and IFC's / MIGA's Environmental & Social Performance Standards and Good International Industry Practices for wind and solar energy projects in Costa Rica, Panama, Nicaragua, Honduras, Guatemala, Mexico, and Chile. See: Impact Assessment's Contribution to the Global Efforts in Addressing Climate Change. Miga environmental and social policies italy. This article was published in GREAT Insights Volume 4, Issue 5 (August/September 2015).
He has over 15 years of experience in environmental and social management working on oil, gas, mining and infrastructure projects in Latin America, Asia and Africa. Miga environmental and social policies fund. MIGA's Current Leadership Team. This ongoing discussion includes how these issues should be addressed within the context of the Standard Bidding Document used for procurement by the Bank. Furthermore, MIGA's credit enhancement coverage is expected to support the diversification of Findeter's funding sources and optimization of funding costs and tenors while contributing to the country's climate goals. The current scope of the Environmental Assessment Policy provides an adequate framework for addressing health, safety and security and in this context we have already initiated new training on this matter and will be covering this issue in our updated guidance materials.
Provide technical support to the harmonization efforts in climate definition and greenhouse gas (GHG) metrics of the WBG/Multilateral Development Banks. IFC's Environmental, Health, and Safety Guidelines. He currently works for the consultancy ERM, at which he serves as an environmental and social consultant managing and working on international projects, especially in Latin America and the United States. Miga environmental and social policies and trends in europe. All speakers highlighted the importance of multi-stakeholder involvement, knowledge sharing, and the importance of early planning.
Closing Date: 9/28/2021 (MM/DD/YYYY) at 11:59pm UTC. At the United Nations Development Program (UNDP), Miguel pushed forward new environmental regulations for mining and petroleum activities in South America. The World Bank has prepared and disseminated Guidelines for Environmental Screening and Classification which summarize coverage. Therefore, the review recommended that the IFC further clarify how it will assure itself of the E&S performance of its financial intermediaries, strengthen its due diligence and supervision of financial intermediary clients and enhance the transparency of IFC-funded portfolios and sub-projects. An important component of positive development outcomes is the environmental and social sustainability of projects, which we expect to achieve by applying a comprehensive set of environmental and social performance standards. The consultations are planned to be conducted in three phases. Top priorities will continue to be supporting investment into the lowest-income countries and fragile and conflict-affected states where the need is greatest.
• Work with MIGA clients to ensure plans are developed and projects will comply with MIGA's Policy on Environmental and Social Sustainability. Communities adversely affected by the Bank's operations can only file complaints through the Bank's own accountability mechanisms. Strengthen capacities, systems, and organisational mindsets to address concerns and complaints from affected people. The proposed risk categorization represents international best practice and utilizes a 4-tier system from high to substantial, moderate and low risk. Management is reviewing how and through which instruments labor and working conditions would most appropriately be addressed in the context of IBRD/IDA supported operations. Originally adopted in 2006, IFC's Sustainability Framework was updated in 2012 following an 18-month consultation process with stakeholders around the world.
CAO is also monitoring IFC's actions to improve the environmental and social performance of financial intermediary investments, following CAO's 2013 sectoral audit. IAIA members can check out WAB on IAIAConnect. Similar to other FI projects, the main E&S considerations for this project relate to Findeter's ability to identify, assess, and manage the E&S risks and impacts associated with its lending activities (through intermediary financial institutions) and the management of labor matters. Provide technical support for the calculation of gross GHG emissions of MIGA's portfolio and work to develop tools/databases. 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. To learn more about cookies, click here. The World Bank, through discussions with other multilateral development banks as part of the updating process for the safeguard policies, is also examining the issue of how to improve the use of Category B as an element of our review of global good practice. Climate Change and Impact Assessment will surely continue to evolve as an interest of WAB/IAIA members.
Three speakers shared their experiences related to integrating sustainability and managing risks in large infrastructure projects: Davis, Rachel and Daniel M. Franks. In 1991, the number of member states of MIGA topped 100. Case examples included Myanmar and India. Key Jobs Responsibilities. MIGA does not provide credit directly – rather, it is focused on providing investment guarantees and credit enhancement to foreign private investors and lenders.
Performance Standard 4 applies to companies of any size and in any country or sector. The following case study documentation was shared by the speakers: Developments in UK EIA Practice: Climate Change, Proportionate Assessment, and Professional Competence. The presentation included the key implementation challenges faced by the World Bank, the window the Framework offers for more informed judgment, and the focus on important areas such as gender-based violence, ESF's approach to "proportionality" and risk management, the need for stronger assessment of "Associated Facilities", primary supply (rather than supply chain), intangible cultural resources, and more. 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. For the first time in several years, the Washington Area Branch (WAB) returned to the key topic of Climate Change.
Wednesday, January 11th, 2017. After introducing David Bancroft, IAIA's recently appointed Executive Director, three speakers shared their experience and knowledge on cultural heritage, a topic which hasn't been covered in a recent WAB session: Arlene Fleming, MA, MPS: Arlene is an archaeologist and specialist in cultural heritage documentation, conservation and management. PLN was later unable to keep the contract due to the price mark-up, in addition to the impacts of the economic crisis which significantly devalued the Rupiah against the dollar. MIGA's evolution over the next few years is likely to reflect and drive developments within the PRI market more generally. Senior level environmental specialists of the World Bank, IFC and MIGA held meetings to discuss this matter, supported by LEGEN. This process was initiated in October 2012 and is expected to continue till end-2014. Clarify E&S accountability for financial intermediaries and ensure their E&S performance. This review has been extremely significant for the accountability world in its scope and depth. Although MIGA paid USD15 million on the claim plus USD 220, 000 in interest, it received USD 10. These two policies can be used as entry points for addressing the social issues involved in investment lending operations and to mitigate and compensate adverse impacts on indigenous peoples and persons displaced by development projects. People will trickle in 5:15 onwards. The agency started out with $1 billion worth of capital among its initial 29 member states. The Bank also anticipates, as part of the safeguard updating process, adopting the recently introduced (January 1, 2012) subcategorization system for Financial Intermediary operations adopted by IFC. Management anticipates mainstreaming the use of country systems as an element of the updating process, which would allow this approach to be used in situations where equivalence and acceptability is found at the national, subnational and/or sectoral level.
IRM's Learning and Dialogue Forum.
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