Q.What does NEXI confirm in the case of projects which involve involuntary resettlement?

A.

The Guidelines emphasize appropriate dialogue with local residents in order to implement appropriate environmental and social considerations, as indicated in the Exhibit 2. NEXI will confirm, based on the information provided by the Applicants and other relevant parties, whether a consensus has been reached among residents by going through appropriate procedures. Besides information from the Applicants, NEXI acknowledges and utilizes the information provided by the host government and its agencies, international financial institutions, ECAs, and other stakeholders.
As indicated in the Guidelines Exhibit 1 (7), NEXI will confirm if the project meets the World Bank Environmental and Social Standards or IFC performance standards concerning loss of means of livelihood that occurs without room of choice due to the project as well as involuntary resettlement.
(For details please see the paragraph III.3. of the Guidelines)