Use of Role of Borrower frameworks Borrower’s Environmental and in the management and Social Framework assessment of environmental and social (E&S) risks and impacts where these will allow projects to achieve objectives materially consistent with Environmental and Social Standards (ESSs) Approach for making decision on the use of Borrower frameworks, including the methodology for assessing where frameworks will allow projects to achieve objectives materially consistent with the ESSs, and the exercise of Bank discretion Role of Borrower frameworks in high and substantial risk projects Co-financing/ Arrangements on E&S More information is needed on how the borrower would common approach standards in co-financing operationalize this. situations where the standards are different from those of the Bank Adaptive risk Approach to monitoring E&S The SFD is initiating an MIS to track the environmental management compliance and changes to the performance of all of its projects and sub-projects, which could project during implementation reach more than 1000 projects. The Bank should also consider creating a similar MIS for its projects given the proposed adaptive risk management approach.
Use of Borrower’s Environmental and Social Framework Role of Borrower frameworks in the management and assessment of environmental and social (E&S) risks and impacts where these will allow projects to achieve objectives materially consistent with Environmental and Social Standards (ESSs) Approach for making decision on the use of Borrower frameworks, including the methodology for assessing where frameworks will allow projects to achieve objectives materially consistent with the ESSs, and the exercise of Bank discretion Role of Borrower frameworks in high and substantial risk projects Co-financing/ common approach Arrangements on E&S standards in co-financing situations where the standards are different from those of the Bank More information is needed on how the borrower would operationalize this. Adaptive risk management Approach to monitoring E&S compliance and changes to the project during implementation The SFD is initiating an MIS to track the environmental performance of all of its projects and sub-projects, which could reach more than 1000 projects. The Bank should also consider creating a similar MIS for its projects given the proposed adaptive risk management approach.