The IFC is a sister organization of the World Bank, member of the World Bank Group, and the largest global development institution focused on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.
The IFC aims to leverage its products and services – as well as products and services of other institutions across the World Bank Group – to create markets that address the biggest development challenges of our time. It seeks to apply its financial resources, technical expertise, global experience, and innovative thinking to help its clients and partners overcome financial, operational, and other challenges.
IFC is also a leading mobilizer of third-party resources for projects. It believes its willingness to engage in difficult environments and its leadership in crowding-in private finance enable it to extend its footprint and have a development impact beyond its direct resources.
The EHS Guidelines are technical reference documents with general and industry-specific examples of Good International Industry Practice (GIIP). They contain the performance levels and measures that are normally acceptable to the World Bank Group, and that are generally considered to be achievable in new facilities at reasonable costs by existing technology. They are used by the World Bank, IFC and the Multilateral Investment Guarantee Agency.
The technical revision is intended to ensure the EHS Guidelines reflect the current state of good international industry practice, particularly in those sectors where industry practice and technologies have evolved significantly since the last update.
We invite IOSH members to send us comment on this IFC consultation to firstname.lastname@example.org, to help inform an IOSH submission by 6 December 2019. Comments should indicate the specific paragraph, table or annex number of the guidelines that they refer to.
IOSH members wishing to respond individually to the IFC can do so by visiting the link and responding by 16 December 2019.