COMMON ACRONYMS

EA, EIA, ESIA, SEA

COMMON STANDARDS OF PRACTICE

1. ISO14001 Environmental Management System requirements
2. Local Ministry of Environment guidelines
3. Local State/ Municipality/ Environmental Department guidlines
4. Standards of the International Finance Corporation (IFC, 2007, IFC, 2012a, IFC, 2012b); - The IFC Performance Standards are an international benchmark for identifying and managing environmental and social risk
5. Equator Principles (EP, 2013).
6. Environmental and Social Policy and related Performance Requirements of European Bank for Reconstruction and Development (EBRD, 2014);
7. OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD, 2016);
8. EIA is prepared by an Engineer with experience in Environmental Engineering
9. EIA is signed and stamped by an Engineer licensed by the AHJ or the regulating body of the Province/ Country

DEFINITION

An environmental assessment is a techncial process to identify, predict and evaluate the effects, impacts, opportunities, benefits, consequences and alternatives related to the environmental and social aspects (or requirements) of a proposed idea, strategy, program, project, plan, policy etc.

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