Project Finance
Business objective: attracting external financing to complete project construction that demands strict compliance with relevant Performance Standards on Environmental and Social Sustainability.
- Profound experience of working with strict compliance with International Finance Institutions Standards, including the Equator Principles, IFC Performance Standards and EBRD Performance Requirements regarding social issues
- Compliance with local, regional and international legislation and regulations
- Use of the best industrial practices
- Compliance evaluation and project adjustment
- Risk assessment and management
EthnoExpert’s input: our advisers from construction and energy industries help us build effective policies for sustainable development and address environmental and social risks. The projects successfully pass compliance audits, resulting in the closure of the projects financing package. In partnership with all stakeholders, EthnoExpert develops complex measures to support economic profits for the industry and social benefits for the community.
Igor Semenov
Selected projects
Indigenous People Assessment for the needs of Nord Stream 2 AG, 2017.
EthnoExpert carried out work on assessing the state of indigenous peoples (Izhoras, Vods, Ingrian Finns) living in in the Leningrad Region, in the area of NS2 project development. The work’s purpose is to stand in compliance with Performance Standard 7 of the International Finance Corporation, which aims to safeguard and acknowledge Indigenous Peoples’.
Assessment of non-technical risks in Western Siberia and the Timan-Pechora Basin, 2013.
The project was conducted within the industrial development implemented by Shell. The commencement of the industrial project implementation required the development of an interaction program between the interested parties.
Indigenous Peoples Development Plan for the needs of Yamal LNG, 2014-2018.
Attraction of external financing to complete the construction of the project demanded strict compliance to the relevant International Finance Corporation (IFC) Performance Standards on Environmental and Social Sustainability, including first application of Free, Prior and Informed Consent (FPIC) principle in Arctic.