THE IFC PERFORMANCE STANDARDS REVIEW: A PREVIEW OF THE CHANGES

JurisdictionDerecho Internacional
International Mining and Oil & Gas Law, Development, and Investment
(Apr 2011)

CHAPTER 16B
THE IFC PERFORMANCE STANDARDS REVIEW: A PREVIEW OF THE CHANGES

Cleone Botelho
CBX International
Colorado and São Paulo

CLEONE BOTELHO is a consultant with CBX International. Currently living in Colorado, she is a native of the Brazilian Amazon and has successfully managed innovative and complex regulatory and due diligence projects in Latin America and the Caribbean. For over 18 years, she has lead diverse multinational projects for some of the most challenging energy and industrial development projects in the region, including the first LNG receiving terminal in Mexico, multiple natural gas and coal fired power plants in Brazil as well as other facilities throughout Latin America and the Caribbean. For the past 11 years, Cleone has provided environmental and social services to international financial institutions, conducting due diligence projects, reviews and assessment of multi-industrial sector projects in accordance with international standards of the World Bank Group (including International Finance Corporation's Performance Standards), the Equator Principles and best international practices. Cleone is passionate about supporting the development of new projects while optimizing environmental and social benefits.

IFC Performance Standards

• Became effective on April 30, 2006

• Used during project finance (for identification and management of ESHS risks)

• Serve as the basis for the Equator Principles

• Apply to private sector projects

•...

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