|
Project Detail:
Applicable Policy and Standards. The loan will be co-financed with ADB as lead co-financier, and the project’s environmental and social (ES) risks and impacts are being assessed in accordance with ADB’s Safeguard Policy Statement (SPS, 2009). To provide for a harmonized approach to addressing the ES risks and impacts of the project, and as permitted under AIIB’s Environmental and Social Policy (ESP), ADB’s SPS will apply to the project in lieu of AIIB’s ESP. AIIB has reviewed ADB’s SPS and is satisfied that: (a) it is consistent with AIIB’s Articles of Agreement and materially consistent with the provisions of AIIB’s ESP, including the Environmental and Social Exclusion List (ESEL) and the relevant Environmental and Social Standards (ESSs); and (b) the monitoring procedures that are in place are appropriate for the project.
Note: Please Download Project Document attached to this Project for more information.
|
