POCH SA requested AAE a comprehensive evaluation to provide due diligence services related to environmental, social, health and occupational safety issues for the "Campo Palomas" Wind Farm Project, in relation to its design and construction phases. The objective of the Due Diligence process is the identification of environmental and social risks and gaps of the project, according to different international and national standards, prior to the financial closure during the design phase and continued compliance during the construction phase.
Main tasks:
- Review the project's compliance with the IFC Social and Environmental Performance Standards, the Equator Principles, including ILO Convention 169;
- Develop action plans to report possible breaches or gaps identified;
- Review compliance with the project with the Environmental and Social Sustainability Policy of the Inter-American Investment Corporation (IIC);
- Review project compliance with local regulations;
- Interact with client to ensure that gaps are understood for appropriate actions to be taken;
- Identify any possible consideration related to the possible cumulative impacts of the Project.
Main results:
- Identification of social and environmental gaps and risks that the project may have when compared to national and international standards;
- Report with compliance and identified gaps to be covered.