Azura-Edo Independent Power Plant Environmental Impact ... - IFC

International Standards and Guidelines
Azura Power is seeking to obtain a Partial Risk Guarantee from the World Bank’s
International Development Association together with insurance cover from the
World Bank’s Multilateral Investment Guarantee Agency. As a result, the
following international requirements and standards have been considered within
the EIA process and are described below:
• Equator principles.
• World Bank's environmental and social safeguard policies, including:
• OP 4.01 – Environmental Assessment.
• OP 4.12 – Involuntary Resettlement.
• OP 4.11 – Physical Cultural Resources.
• World Bank Group General Environmental, Health and Safety Guidelines.
• World Bank Group Environmental Health and Safety (EHS) Guidelines on
Thermal Power Plants.
Equator Principles
The Equator Principles are a set of ten principles adopted banks all over the
world in order to manage the social and environmental risks associated with
their investments. The Equator Principles identify the requirements of a
borrower to conduct an EIA, ensuring that all applicable environmental and
social standards are adhered to throughout and beyond the ESIA.
World Bank's Environmental and Social Safeguard Policies
The World Bank's environmental and social safeguard policies are fundamental
to the bank’s support for programmes and provide guidelines for bank and
borrower staff in the identification, preparation, and implementation of
programmes and projects. There are a total of ten environmental, social and
legal Safeguard Policies of the World Bank, of which OP 4.01 – Environmental
Assessment and OP 4.12 – Involuntary Resettlement are the most relevant to this
EIA and have been taken into account in the development of this EIA report.
World Bank Group EHS Guidelines on Thermal Power Plants
The World Bank EHS guidelines provide guidance on emission limits,
management measures and monitoring for emissions, waste and community
health and safety for all fossil-fuel thermal-based power plants with a production
capacity of more then 50 MW.
PROJECT DESCRIPTION
Project Location
The Project site comprises approximately 102 ha and is located in the northeastern
outskirts of Benin City in Edo State, in the Federal Republic of Nigeria.
The site is adjacent to the Ihovbor NIPP Power Plant, which is currently under
AZURA EDO IPP
VII
DRAFT EIA REPORT