Database / Climate Finance Database / FP009 / esia_safeguards
esia_safeguards
Energy Savings Insurance (ESI) for private energy efficiency investments by Small and Medium-Sized Enterprises (SMEs)
| esia_id | canonical_project_id | esia_document_id | review_stage | safeguard_framework | safeguard_category | biodiversity_impact_flag | resettlement_required_flag | indigenous_peoples_flag | labor_risk_flag | mitigation_measures |
|---|---|---|---|---|---|---|---|---|---|---|
| GCF_FP009_ESIA_001 | GCF_FP009 | GCF_FP009_DOC_007 | Board approval (B.13, 30 Jun 2016) | GCF Environmental and Social Policy (interim); IDB Operational Safeguard Policies (as accredited entity) | Category C | false | false | false | false | The project is classified as ESS Category C (minimal or no adverse environmental and social risks). The project involves financial intermediation for energy efficiency equipment upgrades (motors, air-conditioning, refrigeration, boilers) in existing SME facilities in El Salvador, with no physical construction, land acquisition, or resettlement. The accredited entity IDB applies its Operational Safeguard Policies. The Gender Assessment (GCF_FP009_DOC_006) notes that the project targets formal SMEs and has only gender co-benefits related to employment/productivity. No ESMP or standalone ESIA was required per GCF policy for Category C activities. Standard IDB financial intermediary safeguards include environmental and social screening procedures for sub-projects and exclusion lists for ineligible activities. |
Field Evidence
GCF_FP009_ESIA_001
GCF_FP009
GCF_FP009_DOC_007
Board approval (B.13, 30 Jun 2016)
GCF Environmental and Social Policy (interim); IDB Operational Safeguard Policies (as accredited entity)
Category C
false
false
false
false
The project is classified as ESS Category C (minimal or no adverse environmental and social risks). The project involves financial intermediation for energy efficiency equipment upgrades (motors, air-conditioning, refrigeration, boilers) in existing SME facilities in El Salvador, with no physical construction, land acquisition, or resettlement. The accredited entity IDB applies its Operational Safeguard Policies. The Gender Assessment (GCF_FP009_DOC_006) notes that the project targets formal SMEs and has only gender co-benefits related to employment/productivity. No ESMP or standalone ESIA was required per GCF policy for Category C activities. Standard IDB financial intermediary safeguards include environmental and social screening procedures for sub-projects and exclusion lists for ineligible activities.