There are seven fundamental practices that inform IFC investments in livestock and aquaculture projects. These practices must underpin a client’s operations, and IFC works with clients to help them transition to operations that follow these practices during the course of the investment. The goal is to ensure that IFC investment projects are aligned with these seven practices within three years of the investment, with the exception of Practice 7, which must be adhered to from the outset. This due diligence process and action plan is recorded in IFC’s Environmental and Social Review Summary (ESRS), which produces an Environmental and Social Action Plan (ESAP).
Author:
Publisher: International Finance Corporation, World Bank Group
Language: English
Year: 2022
Location(s): Global
commodities futures finance investment livestock farming sustainable investing sustainable investments
