Environmental and Social Policy Framework

Organization

InterAmerican Development Bank (IDB)

Type(s) of Tool

GuidelinesOperationalize sustainability principles, less specific than Benchmarks or Rating Systems.

Sector(s)

Urban Planning, Natural Infrastructure, Energy, Transportation, Waste, Water and Sanitation, Food Systems, Health, ICT/Digital, Buildings, Tools applicable to all sectors

Lifecycle Phase(s)

PrioritizationAuthorities decide which projects to realize and how to allocate resources., Project PlanningGeneral strategy for a project’s delivery is developed., Concept DesignTechnical experts broadly outline the project’s basic characteristics., FinanceDevelopers decide how to pay for their project., Detailed DesignTechnical experts further elaborate the Concept Design., ConstructionThe asset is constructed in line with design, budget and timeline.

Open Source

Yes

Language Availability

English, Spanish

Country of Origin

USA

Date of Development

2020

Version

1

Description

The Environmental and Social Policy Framework (ESPF) aims to contribute to the IDB’s overarching objective of achieving sustainable development in Latin America and the Caribbean.The ESPF seeks to enhance the sustainability of the IDB-financed investment projects through the application of robust environmental and social risk management standards.

Tool Outcome

The Environmental and Social Policy Framework (ESPF) by the InterAmerican Development Bank supersed IDB’s safeguards policies and guide their operations in protecting people and the environment.

Sustainability Criteria

Environmental and Social Performance Standards include:
– Assessment and Management of Environmental and Social Risks and Impacts
– Labor and Working Conditions
– Resource Efficiency and Pollution Prevention
– Community Health, Safety, and Security
– Land Acquisition and Involuntary Resettlement
– Biodiversity Conservation and Sustainable Management of Living Natural Resources
– Indigenous Peoples
– Cultural Heritage
– Gender Equality
– Stakeholder Engagement and Information Disclosure

Themes

Biodiversity, Gender, Social Inclusion

Link to Product

https://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=EZSHARE-110529158-160