by TONBOFA LP
Project developers require an Environmental Impact Assessment for their project licences in most nations. EIAs are as required by local laws. The High Court of England in Friends of the Earth v Secretary of State has followed a recent Supreme Court decision in interpreting relevant EIA regulations to decide that possible GHG emissions globally as result of the project should be included in EIA amongst others. Where the EIA is not sufficiently comprehensive, regulator’s decision granting license may be quashed.
#project #project developer #investor #finance #lenders #funds #developingnations #africa #lawsofenglandandwales #climatechange #greenhousegas #carboncredit #environment #mining #oilandgas #energy #environmentalimpactassessment #substainablefinace
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