Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-06-13-Speech-2-226"
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"en.20060613.27.2-226"2
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"Madam President, ladies and gentlemen, the environmental policy of the European Bank for Reconstruction and Development (EBRD), which was approved in April 2003, is aimed at ensuring that the projects funded by the Bank respect the environment and the applicable legislative requirements. To this end, the EBRD reserves the right to reject any project presented to the Board of Directors if it believes that it does not conform to that policy.
It is a publicly recognised fact – as you know – that the EBRD’s policy with regard to environmental standards and the precautionary principle is extremely rigorous. Since 2002, the EBRD has been paying particular attention to Sakhalin 2, in close cooperation with the company Sakhalin Energy, in order to assess all of the aspects of the project, in particular its environmental and social impact, and to draw up the appropriate monitoring and attenuation measures in accordance with the Bank’s environmental policy.
Nevertheless, the Commission acknowledges that there have been, and still are, significant causes for concern in relation to the Sakhalin 2 project, particularly in terms of the protection of the population of western grey whales living in the area.
The Bank has responded to that concern by contributing to the creation of a group of recognised scientists, with the participation of representatives of non-governmental organisations, in order to monitor the situation of the whales and to propose measures to reduce the possible negative impact of the project.
The company has applied these measures, and the latest comments from the group have largely been positive.
With regard to another difficult issue, the river crossing, the Bank has also been firm, calling for improvements to the company’s actions and, in particular, the drawing up of a river crossing strategy that imposes restrictions and ensures that there will be no net loss of salmon spawning areas.
In short, the EBRD has put considerable pressure on Sakhalin Energy to improve the environmental quality of the project. We will soon have new data on the assessments and public consultations under way that will allow the European Commission's representative in the EBRD to take a position on the project's conformity to the Bank's environmental policy."@en1
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