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Project financing by mainstreaming Environmental and social issues in urban planning

Project financing by mainstreaming Environmental and social issues in urban planning. Outline. Introduction ESG E&S requests of FIs Renewed focus on E&S World Bank ESF Case studies Arcadis support to UN-Habitat. Introduction. https://www.youtube.com/watch?v=zGJd1uFRDJo

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Project financing by mainstreaming Environmental and social issues in urban planning

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  1. Project financing by mainstreaming Environmental and social issues in urban planning

  2. Outline • Introduction ESG • E&S requests of FIs • Renewed focus on E&S • World Bank ESF • Case studies • Arcadis support to UN-Habitat

  3. Introduction • https://www.youtube.com/watch?v=zGJd1uFRDJo • Assuring project finance: • Why? • Who? • Whatto do fromanurban planners perspective? Risk management andpositive impacts • Interestsfrom financiers  compliance tointernationalandlocalstandards

  4. E&S requests of FIs Risk- and Impact-based Approach • A strong emphasis on risk management and achieving sustainable development outcomes over the life of a project. • Greater emphasis on strengthening borrower frameworks and capacity building, which is recognized as a central development goal by the World Bank and most of its shareholders. • Broadened social assessment and management of environmental and social risks. • Increased harmonization with development partners and recognized good international practices. • Renewed and strengthened partnerships with borrowers. • Helps ensure social inclusion. • Explicitly references human rights in overarching vision statement.

  5. Renewed focus on E&S New themes included: • Climate change (impacts at the project level); • Sustainable resource management; • Labor and working conditions; and • Community health and safety. Including good international industrial practices: • Efforts to measure and reduce greenhouse gas emissions; • Over-arching non-discrimination principle augmented by a new mandatory World Bank Directive • Requires stakeholder engagement throughout the project cycle. • Providing grievance mechanisms for project-affected communities and workers employed by the Borrower in a project; and • Introducing Free, Prior, and Informed Consent (FPIC) of Indigenous Peoples

  6. ESF Environmental and Social Standards 1-10 • Assessment and Management of Environmental and Social Risks and Impacts • Labor and Working Conditions • Resource Efficiency and Pollution Prevention and Management • Community Health and Safety • Land Acquisition, Restrictions on Land Use and Involuntary Resettlement • Biodiversity Conservation and Sustainable Management of Living Natural Resources • Indigenous Peoples/Sub-Saharan African Historically Underserved Traditional Local Communities • Cultural Heritage • Financial Intermediaries • Stakeholder Engagement and Information Disclosure

  7. Project Categorization

  8. Overview of WB ESF project implimencations

  9. Arcadis support to UN-Habitat • Shelter missions to assure financing by the Adaptation Fund: • Malawi (Zomba) • Mozambique (Chokwe) • Madagascar (Marondava) • Comoros (Moroni) • More to come

  10. Q&A • Questions?

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