Q.The Guidelines Exhibit 1 (8) states, "It is desirable that the indigenous peoples plan include the elements required under the standards of international financial institutions which NEXI benchmarks in its environmental reviews. “What are the elements specifically?

When NEXI uses the World Bank Environmental and Social Standards as a benchmark purpose, it means Environmental and Social Standards Guidance Note 7 Appendix A (Note). When NEXI uses the IFC Performance Standards a benchmark purpose, it means Guidance Note 7 Annex A. (Note). For details, please see the website of World Bank and IFC.

(Note) Guidance Notes to Environmental and Social Standards and Performance Standards, respectively

The main points in Environmental and Social Standards Guidance Note 7 Appendix A are as follows.
-A summary of the Targeted Social Assessment,
-A summary of the results of the meaningful consultation, and, if required, the outcome of the process of FPIC carried out during project preparation.
- A framework for meaningful consultation during project implementation.
- Measures for ensuring indigenous peoples receive social and economic benefits that are culturally appropriate.
- Measures to avoid, minimize, mitigate, or compensate indigenous peoples for any potential adverse impacts.
- The cost estimates, financing plan, schedule, and roles and responsibilities for implementing the Plan.
- Accessible procedures appropriate to the project to address grievances by the affected indigenous peoples’ communities arising from project implementation.
- Mechanisms and benchmarks appropriate to the project for monitoring, evaluating, and reporting on the implementation of the Plan.

IFC Guidance Note 7 Annex A also lists almost the same items.