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Project finance — Checklist for environmental due diligence
Introductory note: |
Project finance lenders are sensitive to the legal and reputational risk of being associated with a project that has a negative impact on the environment or social structure of a community. |
The sponsor usually prepares an environmental impact statement (EIS) in conjunction with expert environmental advisors as part of the feasibility study and the lenders will insist on reviewing this thoroughly. |