Deal #9807

Ukraine
Created at
2023-01-02
Last update
2024-03-13
Last full update
2024-03-12

Overall comment

Overall comment
"Yavoriv-1 is the largest in western Ukraine. The Yavoriv-1 solar power plant has 268 thousand solar modules installed. The Project is an extension of an existing Bank financed Project and an independent Environmental and Social Due Diligence (ESDD) has confirmed that the environmental and social issues associated with the construction of Phase I and Phase II of the solar power plant are site specific and readily mitigated. ESDD showed that the Company has the capacity to implement the Bank's Performance Requirements (PRs) and that the technology is state-of-the-art and in line with good international practice. An ESAP has been developed to structure the project to meet the Bank's PRs. The Project meets GET requirements. The Project is located within an Emerald sites (Natura 2000 equivalent), and studies to date indicated that the impacts can be mitigated. During site development additional studies will be undertaken with respect to biodiversity and biodiversity offsets as well as soil and groundwater assessment to ensure appropriate development. Any waste from the development process will be disposed of in line with best practices. Special attention placed on mitigating biodiversity impacts. A Stakeholder Engagement Plan (SEP) has been developed and a Corporate Social Responsibility (CSR) programme aimed at community development and increasing awareness of the project is being developed. The CSR programme will be develop and agreed with the local community as part of ESAP implementation. The ESAP requires the Company implement a robust Environmental, Health and Safety (EHS) management system to cover both construction (including contractors) and future operation as well as implementation of the CSR and SEP.