Complaint > Eskom Investment Support Project

Compliance Report: 65-Investigation Report (English)

...climate change issues 100. Global climate change is widely acknowledged in the international community as one of the most serious threats to sustainable development in the 21st Century. South Africa is a party to the United Nations Framework Convention on Climate Change (UNFCCC), the international treaty designed to stabilize greenhouse gas concentrations in the atmosphere to prevent dangerous anthropogenic climate change. 101. Since 1994, South Africa has engaged act...

Complaint > Eskom Investment Support Project

Eligibility: 65-Eligibility Report and Chairperson Statement (English)

...climate change related claims mentioned in the Request that do not raise issues of compliance under Bank policy, such as for example whether the Project meets the requirements of the Bank strategy document on “Development and Climate Change: A Strategic Framework for the World Bank Group”. With respect to impacts on the economy, the Panel will similarly be guided by OP 10.04 - Economic Evaluation of Investment Operations, should it need to examine whether the Bank adequately assessed the impacts...

Complaint > Eskom Investment Support Project

Management Response: 65-Management Response (English)

...Climate Change (UNFCCC) in August 1997, and accession to the Kyoto Protocol in July 2002; (b) adoption of a National Climate Change Response Strategy (2004), which outlined a broad range of principles and policy measures for mitigation and adaptation to climate change; (c) association with the Copenhagen Accord of 2009, which has led to South Africa's political commitment to implementing economy-wide emission targets for 2020; (d) issuance of the Regulations for Energy Efficiency; (e) recent iss...

Complaint > Eskom Investment Support Project

Filing: 65-Request for Inspection (English)

...Climate Change 26. The proposed loan will compromise the World Bank's commitments on climate change, and make it more difficult for South Africa to meet its own greenhouse gas reduction commitments. 4 27. Despite claims that the Medupi plant will use "cleaner coal technology" and will be "carbon capture and storage-ready", there is no certainty whether these measures will be sufficient to control the enormous amounts of pollutan...

Complaint > Eskom Investment Support Project

Registration: 65-Notice of Registration (English)

...Climate Change. The Requesters believe that the proposed Project will “compromise the World Bank’s commitments on climate change” and make it more difficult for South Africa to reduce its greenhouse gas emissions and meet its obligations. Moreover, they allege there is no certainty to the claims made by the World Bank that the use of cleaner coal technology or carbon capture and storage will sufficiently control the “enormous amounts of pollutants” produced by the proposed Project. Finally, they...

Complaint > Eskom Investment Support Project

Eligibility: 65-Management Report and Recommendations (English)

...changes in applicable legislation, regulations, rules or procedures, the Bank assesses the effect of those changes and discusses them with the borrower. If, in the judgment of the Bank, the changes reflect a further improvement in the country systems, and if the borrower so requests, the Bank may agree to revise the legal framework applicable to the operation to reflect these improvements, and to amend the legal agreement as necessary. Management documents, explains, and justifies any changes to...