April 2019
   Environmental and Social Policy
           Contents
            Section I:       Purpose                                                                        3
            Section II:      Definitions                                                                     4
            Section III:   Scope                                                                            5
                             1.  EBRD’s role and responsibilities                                            5
                             2.  EBRD’s commitments                                                          5
                             3.  Environmental and social Performance Requirements                           6
                             4.  Integrating environmental and social considerations into projects           6
                             5.  EBRD public reporting and accountability                                    8
                             6.  Institutional and implementation arrangements                               8
                             7.  Annexes                                                                     8
            Section IV:   Waivers, Exceptions and Disclosure                                                9
                             1.  Waivers                                                                    9
                             2.  Exceptions                                                                 9
                             3.  Disclosure                                                                 9
            Section V:       Transitional Provisions                                                        9
            Section VI:   Effective Date                                                                    9
            Section VII:   Decision-Making Framework                                                        9
            Section VIII:  Review and Reporting                                                             9
                             1.  Review                                                                     9
                             2.  Reporting                                                                  9
            Section IX:   Related Documents                                                                 9
            Appendix 1:  EBRD Environmental and Social Exclusion List                                     10
            Appendix 2:  Category A Projects                                                              11
           Environmental and Social Policy                                                         April 2019     1
        EBRD Performance Requirement 1: 
        Assessment and Management of Environmental                       13 
        and Social Risks and Impacts
        EBRD Performance Requirement 2:                                  16
        Labour and Working Conditions 
        EBRD Performance Requirement 3:                                  20
        Resource Efficiency and Pollution Prevention and Control 
        EBRD Performance Requirement 4:                                  23
        Health, Safety and Security 
        EBRD Performance Requirement 5: 
        Land Acquisition, Restrictions on Land Use                       27 
        and Involuntary Resettlement
        EBRD Performa
                      nce Requirement 6: 
        Biodiversity Conservation and Sustainable Management             35 
        of Living Natural Resources
        EBRD Performance Requirement 7:                                  39
        Indigenous Peoples    
        EBRD Performance Requirement 8:                                  42
        Cultural Heritage     
        EBRD Performance Requirement 9:                                  44
        Financial Intermediaries 
        Appendix A: The FI Referral List                                 46
        EBRD Performance Requirement 10:                                 47
        Information Disclosure and Stakeholder Engagement 
        2     Environmental and Social Policy                          April 2019