by Bilalish Kabeet (Author)
All projects financed by the EBRD undergo an environmental and social assessment to help the Bank decide whether an activity should be financed and to know, if so, how to address environmental and social issues during planning, funding and implementation. The EBRD's environmental and social assessment is integrated into the overall assessment of the Bank's projects, in particular in order to measure financial and reputational risks and to identify possible environmental or social opportunities. This assessment is proportionate to the nature and scale of the project as well as the magnitude of the environmental and social risks and impacts. Its purpose is to verify whether the activities to benefit from the financial support of the EBRD can be implemented in accordance with this Policy and its Performance Requirements (PR). The client is responsible for ensuring that the preliminary studies carried out as part of the initial due diligence, information disclosure and stakeholder engagement are carried out in accordance with PRs 1 to 10, and presented to the EBRD for consideration for the purposes of its own assessment. The Bank examines the information provided and assists the client in developing the measures to be taken so that the project meets its requirements. information disclosure and stakeholder engagement are conducted in accordance with PRs 1-10, and submitted to the EBRD for review for its own assessment. The Bank examines the information provided and assists the client in developing the measures to be taken so that the project meets its requirements. information disclosure and stakeholder engagement are conducted in accordance with PRs 1-10, and submitted to the EBRD for review for its own assessment. The Bank examines the information provided and assists the client in developing the measures to be taken so that the project meets its requirements]