Dzhankeldy Wind Power Project

3.3
Lender Requirements 
ACWA Power are pursuing an amount of Project Finance from financial institutions who either: 
 
Have their own internal E&S investment guidelines; 
 
Are members of the collective environmental and social agreements such as the 
Equator Principles; or 
At this stage, it is known that the European Bank for Reconstruction and Development (EBRD), 
and the Asian Development Bank (ADB) are potential lenders. As ACWA Power implements 
the E&S requirements of IFC on all its projects, the Dzhankeldy WF Project must comply with the 
IFC Performance Standards and IFC EHS Guidelines as part of ACWA Power Internal E&S 
requirements. The key E&S requirements for these financial institutions, as well as for any other 
Equator Principles Financial Institutions (EPFIs) that may also be involved are summarised 
below. 

---

Dzhankeldy 500MW Wind Farm 
ESIA Volume 2- Main Text, Tables & Figures 
107 
3.3.1 
EBRD 
3.3.1.1
Policy and Performance Requirements 
The European Bank for Reconstruction and Development (EBRD) has an internal Environmental 
and Social Policy (2019) and a set of specific Performance Requirement (PRs) covering key 
environmental and social components for consideration, assessment and management in 
their investments. These reflect EBRD’s commitments to promote EU environmental standards, 
as well as the European Principles for the Environment in their investments. The PRs are outlined 
below: 
 
PR1: Assessment and Management of Environmental and Social Impacts and 
Issues; 
 
PR2: Labour and Working Conditions; 
 
PR3: Resource Efficiency and Pollution Prevention and Control; 
 
PR4: Health and Safety; 
 
PR5: Land Acquisition, Involuntary Resettlement and Economic Displacement; 
 
PR6: Biodiversity Conservation and Sustainable Management of Living Natural 
Resources; 
 
PR7: Indigenous People (not applicable to this Project as no people who possess 
the characteristics of indigenous people as defined by PR7 are present in the 
Project area or along the proposed OHTL); 
 
PR8: Cultural Heritage; 
 
PR9: Financial Intermediaries, and 
 
PR10: Information Disclosure and Stakeholder Engagement