Expression of Interest for Econsult: Environmental & Social Management Capacity Building In Kerala

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39601783
Expression of Interest for Econsult: Environmental & Social Management Capacity Building In Kerala
ICB
India
10-05-2021

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Econsult: Environmental & Social Management Capacity Building In Kerala The Kerala Infrastructure Investment Fund Board (Kiifb) Is Acting As Kerala States Investment Vehicle That Channels Financing To Other Public Agencies That Implement The Approved Infrastructure Projects. Kiifb Has Commenced Building E&S Capacity Through Developing A Draft Environmental, Social & Governance (Esg) Framework, Appointment Of A Head For Its E&S Department And Proposes To Hire 10 E&S Professionals In The Next 6 Months. However, A Prior Appraisal Revealed A Low Capacity Of Kiifb To Manage E&S Risks, Resulting From The Absence Of An Overarching E&S Management System (Esms). Moreover, All Projects Managed By Kiifb, Including Those That Are Currently Being Explored By Ifc, Do Not Undergo A Formal E&S Review. The Project Implementing Agencies Themselves, Such As Kerala Water Authority, Also Lack Formal Esmss For Construction And Operation Phases, Threatening Non-Compliance With Ifcs Performance Standards During Both Construction And Operation Phases. In Parallel, Ifc Is Considering To Extend A Loan To Kiifb To Finance Critical Green Infrastructure Across Two Components, Specifically Several Water Supply Projects And Hospital Expansions.

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