Original disclosure @ IFC website
Updated in EWS Nov 17, 2022
Disclosed by Bank Jul 13, 2020
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The project is expected to (i) reduce Franco da Rocha municipality’s consumption of electricity and greenhouse gas emissions, including CO2, through the use of energy-efficient lights and advanced street lighting management systems; (ii) expand street lighting services to underserved communities in the municipality; (iii) reduce safety risks related to poorly lit streets; (iv) improve lighting quality and lower the frequency of service interruptions; (v) improve infrastructure for the illumination grid, modernizing it and integrating features as previously developed in smart cities; and (vi) promote overall urban improvements.
The key environmental & social (E&S) issues and risks associated with this project include: the company’s
E&S management capacity (including identification and management of the sub-projects E&S risks for both
construction and operations), labor and working conditions, occupational health and safety (OHS), fire
protection and emergency response and stakeholder engagement.
IFC’s review concluded that the potential adverse E&S risks and impacts of this project are considered few in
number, and potentially readily mitigated allied with implementation of good international industry practice.
This is therefore a Category B project according to IFC’s Policy on Environmental and Social Sustainability
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