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Screening category and justification
B1. The development, construction and operation of the city-centre shopping
centre could involve some environmental issues. These issues can be readily
identified and addressed through the implementation of adequate mitigation
measures. For these reasons, an environmental analysis and audit were
required for the project.
Due diligence undertaken and outcomes
Environmental due diligence including the Bank environmental specialist’s
visit and reviews of the completed Environmental Questionnaire and soil test
report confirmed that the Project has been designed in accordance with good
international practice. The Project is also in line with the city’s intention
to convert the industrial use of the city centre to commercial use. The site
is fit for the Project purpose, and there are no significant environmental
liability issues to prevent the project implementation. Russian regulatory
environmental review which is expected to take place in December 2006 will
recommend mitigation measures which will need to be incorporated into the
Project in a form of an Environmental Action Plan (EAP). The EAP will be
incorporated into legal documentation.
Implementation requirements
The Sponsor will be required to ensure that the project complies with relevant
national and EU environmental, health, safety and labour protection standards
and requirements as well as EAP and to submit an annual environmental report
on environment, health and safety, labour and any relevant community issues
to the Bank.
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