will allow projects to achieve objectives Use of Borrower frameworks: Would the Bank be materially consistent with the ESSs, and the externalizing/outsourcing its decision-making exercise of Bank discretion responsibility by using national laws? Role of Borrower frameworks in high and substantial risk projects Co-financing/ Arrangements on E&S standards in common approach situations where the co-financier’s standards are different from those of the Bank Adaptive risk Approach to monitoring E&S compliance Risk management approach: If the risk level changes management and changes to the project during during implementation, will this change be reflected in implementation the ESCP? Risk classification Approach to determining and reviewing the Sectoral risk categorization: The Bank should consider risk level of a project following EBRD’s model of sectoral risk categorization. For FIs, determining the risks of all sub-projects would be too slow, but a pre-determined sectoral risk categorization system would allow FIs to act faster. ESS1 Assessment and Assessment and nature of cumulative and Cumulative impacts: Work performed on IFC projects management of indirect impacts to be taken into account has that the private sector cannot do cumulative environmental and Treatment of cumulative and indirect impact analysis alone or effectively. In the Bank’s social and impacts when identified in the assessment of public sector projects, the public sector could better impacts the project manage the cumulative impact analysis. Establishing project boundaries and the Categorical approaches for FIs: The World Bank wants applicability of the ESSs to Associated to assess risks for each project, but has it considered Facilities, contractors, primary suppliers, FI possibly providing solutions? In “ready-made” subprojects and directly funded sub-projects particular, FIs would benefit from categorical Circumstances under which the Bank will determinations of what is or is not acceptable under the determine whether the Borrower will be Bank’s standards. For example, for investments in required to retain independent third party Organized Industrial Zones, could we automatically specialists agree that Land Acquisition/Involuntary Resettlement is not an issue, because all the land inside these industrial zones belongs to the enterprises? Organized Industrial For FIs, it is important to have a list of exclusions for the application of some
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 Use of Borrower frameworks: Would the Bank be externalizing/outsourcing its decision-making responsibility by using national laws? Co-financing/ common approach Arrangements on E&S standards in situations where the co-financier’s standards are different from those of the Bank Adaptive risk management Approach to monitoring E&S compliance and changes to the project during implementation Risk management approach: If the risk level changes during implementation, will this change be reflected in the ESCP? Risk classification Approach to determining and reviewing the risk level of a project Sectoral risk categorization: The Bank should consider following EBRD’s model of sectoral risk categorization. For FIs, determining the risks of all sub-projects would be too slow, but a pre-determined sectoral risk categorization system would allow FIs to act faster. ESS1 Assessment and management of environmental and social and impacts Assessment and nature of cumulative and indirect impacts to be taken into account Treatment of cumulative and indirect impacts when identified in the assessment of the project Establishing project boundaries and the applicability of the ESSs to Associated Facilities, contractors, primary suppliers, FI subprojects and directly funded sub-projects Circumstances under which the Bank will determine whether the Borrower will be required to retain independent third party specialists Cumulative impacts: Work performed on IFC projects has that the private sector cannot do cumulative impact analysis alone or effectively. In the Bank’s public sector projects, the public sector could better manage the cumulative impact analysis. Categorical approaches for FIs: The World Bank wants to assess risks for each project, but has it considered possibly providing “ready-made” solutions? In particular, FIs would benefit from categorical determinations of what is or is not acceptable under the Bank’s standards. For example, for investments in Organized Industrial Zones, could we automatically agree that Land Acquisition/Involuntary Resettlement is not an issue, because all the land inside these industrial zones belongs to the enterprises? Organized Industrial For FIs, it is important to have a list of exclusions for the application of some
multi-stakeholder_consultation_istanbul_turkey_jan_14_16_summary.docx