IFC Performance Standards definition
Examples of IFC Performance Standards in a sentence
Unless MCC and the Government agree otherwise in writing, the Government shall ensure that all Projects and Activities undertaken, funded, or otherwise supported in whole or in part (directly or indirectly) by MCC Funding under the Compact comply with the Environmental Guidelines, including the environmental and social performance standards set forth in the IFC Performance Standards that have been incorporated by reference into the Environmental Guidelines.
Where Applicable Law and regulations on environmental and social impact assessment and management, and pollution prevention are less stringent than the IFC Performance Standards, the Company shall undertake its activities in a manner consistent with the IFC Performance Standards.
The assessment has been prepared also to comply with such other international standards of the World Bank Group (Environmental, Health and Safety Guidelines (EHS) International Bank for Reconstruction Development (IBRD) and International Development Agencies (▇▇▇) Safeguard Policies and IFC Performance Standards) and other equivalent standards issued by regional development banks or by the EU, this is also recognized by KfW.
In accordance with Section 1.2(b)(ii), MCA-Benin II will ensure that activities undertaken, funded or otherwise supported in whole or in part (directly or indirectly) by MCC Funding or Government Contribution comply with the MCC Environmental Guidelines, including the IFC Performance Standards that are incorporated by reference therein.
The EHS Plan shall set out the health, safety and environment policies, guidelines and procedures to be followed by the Concessionaire in undertaking the Project and shall include a comprehensive Site safety assurance plan, developed in accordance with Applicable Laws, Applicable Permits, the Technical Standards, the EHS Standards (including specifically, the IFC Performance Standards) and Good Industry Practices.