Temperature - European Investment Bank

WEST AFRICAN POWER POOL (WAPP) PÖYRY ENERGY LTD.
Mount Coffee HPP ESIA and RAP 2012-09-18
ESIA Report Page 7
2.2.7 Compensation
� One dollar per acre for land on the margin of a river
� Fifty cents per acre for land in the interior
� Thirty dollars per lot for town lots
Article 24 of the 1986 Constitution of Liberia provides the basis for compensation for
acquired land.
It states that, “expropriation may be authorized for national security issues or where the
public health and safety are endangered, or for any other public purposes, provided.”
For expropriation to be successful the following issues should be addressed:
� Prompt payment of just compensation;
� That such expropriation or the compensation offered may be challenged freely
by the owner of the property in a court of law with no penalty for having such
action; and
� That when property taken for public use ceases to be soused, republic shall
accord the former owner the right of first refusal to reacquire the property.
2.3 Multilateral Environmental Agreements
The following Table provides the International Environmental Conventions, which have
been signed/ratified by the Government of Liberia (GOL)
Table 2-2: International Environmental Conventions Signed/Ratified by the GOL.
Convention Status Year Objectives
African Convention on Conservation of
Nature and Natural Resources
Convention of International Trade in
Endangered Species of Wild Fauna and
Flora (CITES)
Convention Concerning the Protection of
the World Cultural and Natural Heritage
Framework Convention on Climate
Change and the Kyoto Protocol
Stockholm Convention on Persistent
Organic Pollutants (POP)
Ramsar Convention on Wetlands of
International Importance
Ratified 1978 � To encourage individual and joint action for the
conservation
Ratified 1981 � To prevent trade of endangered or threatened
species
Signed 2002 � To recognize and protect cultural and natural
heritage for future generations
Signed 2002 � To achieve stabilization of greenhouse gas
concentration in the atmosphere at a level that would
prevent dangerous anthropogenic interference with
the climatic system
� To strengthen the commitment of developed country
parties with a view to reduce their overall emissions
Signed 2002 � To strengthen National Capacity and to enhance
knowledge and understanding amongst decision
makers, managers, industry and the public at large
on POPs
� To develop a National implementation Plan (NIP) to
manage the elimination of POPs.
Signed 2003 � To manage wetland systems so that the human uses
of these areas are undertaken in such a way as to
retain their natural capital for future generations.
� To encourage and support countries to develop and