Dzhankeldy Wind Power Project
Project Categorisation
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- Category C
3.3.2.2
Project Categorisation ADB Projects categorisation is based on 3 specific safeguards: Environmental, Involuntary Resettlement, Indigenous People as provided above and it was confirmed by ADB (via virtual meeting on 23 rd March 2021) that the ACWA Power Dzhankeldy 500MW Wind Farm) falls within the following categorisations: Environment: The Project will fall under Category A because it is expected to have significant environmental impacts. These impacts will potentially affect an area larger than the site or facilities subject to physical works. Involuntary Resettlement: There is one structure onsite used by shepherds employed once a year for 3 months, the land is used for grazing by “Dzhankledy” LLC and by local herders for livestock grazing. As such, the project falls under Category B. Indigenous People: Based on early screening, the project is not expected to have impacts on Indigenous People. Therefore, the project is classified under Category C. 3.3.3 Equator Principles The Equator Principles (EP) is a risk assessment framework used by financial institutions to determine, assess and manage the environmental and social risk in Projects financing. Currently, over seventy-five major financial institutions from around the world have adopted the EPs. These financial institutions operate in more than 100 countries worldwide. Dzhankeldy 500MW Wind Farm ESIA Volume 2- Main Text, Tables & Figures 109 The Equator Principles were updated in 2006 (EPII), 2013 (EPIII) and a further update EPIV Is due to become effective from October 2020. The EPs currently include provisions for the following: Principle 1: Review and Categorisation; Principle 2: Environmental and Social Assessment; Principle 3: Applicable Environmental and Social Standards; Principle 4: Environmental and Social Management System and Equator Principles Action Plan; Principle 5: Stakeholder Engagement; Principle 6: Grievance Mechanism; Principle 7: Independent Review; Principle 8: Covenants; Principle 9: Independent Monitoring and Reporting; and Principle 10: Reporting and Transparency. Download 6.64 Mb. Do'stlaringiz bilan baham: |
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