Part of its Development Strategy 2007-2013, Romania is in the process of modernizing and extending its water supply and wastewater networks, by accessing European Union’s Cohesion Funds. Together with our partner IDOM, we were responsible for conducting an Environmental and Social Due Diligence for the selected projects . The task was performed on behalf of EBRD, as part of the Co-financing scheme, and in accordance with EBRD’s E&S Performance Standards.
The information collected during the Audit was confronted with the requirements of the bank, and an Action Plan, for improving the environmental and social performance of the project and the company, was provided to the client. Our expert was also responsible for providing assistance in developing the Stakeholders Engagement Plan (SEP).