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Issued cases designated as Category A, having high potential environmental, social and human rights (ESHR) impacts, where UKEF has contingent liabilities outstanding.

1. Angola

1.1 Project: Construction and operation of 240km transmission line (Lauca)

Year of issue 

2018-19Ìý

Applicable ESHR risk framework 

OECD Common Approaches 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Reinsurance (to EKF, Danish ECA) 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Health and safety 

• Noise and air quality 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌýÌý

• Physical resettlement and economic displacement 

• Waste management 

Monitoring summary 

Self-monitoring report received and reviewed by IESC and lenders; UKEF coordinating with EKF in reviewing and responding.

2. µþ²¹³ó°ù²¹¾±²ÔÌý

2.1 Project: Upgrade and modernisation of the existing BAPCO refinery 

Year of issue 

2019-20Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance / Direct Loan / Buyer Credit Guarantee 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Environmental pollution 

• Health and safety 

• Noise and air quality 

• Waste management 

• Labour and Working Condition  

Monitoring summary 

Monitoring report from ERM received and reviewed in June 2024. The project is facing challenges due to Downtown subcontractor’s failure to pay workers’ salaries. UKEF will continue to monitor the project until this issue is resolved.

3. µþ±ð±ô²µ¾±³Ü³¾Ìý

3.1 Project: Design, engineering, procurement, construction, commissioning, operation and maintenance of a 1,450 kta ethane cracker and associated transportation, storage and utilities infrastructure (Project One) located at the Port of Antwerp, Belgium (INEOS Project ONE) 

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance - Buyer Credit Guarantee 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• climate change

• biodiversity

• occupational health and safety

• emissions to the atmosphere (including land, air and water)

• waste and hazardous material management

• emergency planning and response

• community health and safety and 

• community engagement  

Monitoring summary 

IESC’s second monitoring report received and reviewed. No major issues to be reported.

4. µþ°ù²¹³ú¾±±ôÌý

4.1 Project: Petrobras oil and gas exploration and production in three offshore Brazilian basins, Line of Credit (LOC) Phase I 

Year of issue 

2011-12Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Line of Credit Guarantee 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety 

• Waste management 

• Community safety / stakeholder engagement 

• Emergency response 

• ¶Ù±ð³¦´Ç³¾³¾¾±²õ²õ¾±´Ç²Ô¾±²Ô²µÌýÌý

Monitoring summary 

Monitoring related to Petrobras Phase I is included within monitoring of Petrobras LOC III.

4.2 Project: Petrobras oil and gas exploration and production in three offshore Brazilian basins, Line of Credit (LOC) Phase II 

Year of issue 

2015-16Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Line of Credit Guarantee 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety 

• Waste management 

• Community safety / stakeholder engagement 

• Emergency response 

• ¶Ù±ð³¦´Ç³¾³¾¾±²õ²õ¾±´Ç²Ô¾±²Ô²µÌýÌý

Monitoring summary 

Monitoring related to Petrobras Phase II is included within monitoring of Petrobras LOC III.

4.3 Project: Petrobras oil and gas exploration and production in three offshore Brazilian basins, Line of Credit (LOC) Phase III 

Year of issue 

2018-19Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Line of Credit Guarantee 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety 

• Waste management 

• Community safety / stakeholder engagement 

• Emergency response 

• ¶Ù±ð³¦´Ç³¾³¾¾±²õ²õ¾±´Ç²Ô¾±²Ô²µÌýÌý

Monitoring summary 

Monitoring reports received and reviewed.

5. ·¡²µ²â±è³ÙÌý

5.1 Project: Design, construction, operation and maintenance of two monorail lines (Cairo Monorails) 

Year of issue 

2020-21Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Health and safety 

• Air, noise and soil quality  

• Wastewater and waste management 

• Physical and economic displacement 

• Cultural heritage  

Monitoring summary 

IESC reports received and reviewed. Several issues and potential breaches of the E&S obligations reported during this financial year.

6. ³Ò³ó²¹²Ô²¹Ìý

6.1 Project: Development of oil and gas exploration and production facilities in the offshore Sankofa and Gye Nyame gas fields and Sankofa East oil field, part of the Offshore Cape Three Points (OCTP) block, utilising a floating production, storage and offloading unit (FPSO) and an onshore gas receiving facility (ORF) 

Year of issue 

2016-17Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending  

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety / contractor management 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

• Emergency response 

• ¶Ù±ð³¦´Ç³¾³¾¾±²õ²õ¾±´Ç²Ô¾±²Ô²µÌýÌý

Monitoring summary 

IESC annual monitoring report received and reviewed.

6.2 Project: Rehabilitation and upgrade of an existing road,  (Bolgatanga) 

Year of issue 

2021-22Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Worker and community health and safety 

• Physical and economic displacement 

• Emissions to the atmosphere (including land, air and water, and climate change) 

• Traffic management and road safety 

• Wastewater treatment 

• Waste and hazardous material management 

• Community engagement  

Monitoring summary 

Construction self-monitoring report received and reviewed in early 2022; in December 2022 Project was suspended due to Ghana Ministry of Finance announcing suspension of payments on selected external debts. The Project has not yet restarted.

6.3 Project: Upgrade of the Tema-Alfao Road, ³Ò³ó²¹²Ô²¹Ìý

Year of issue 

2020-21Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Air emissions  

• Noise and vibration 

• Waste management 

• Land acquisition and livelihood impacts 

• Occupational and community health and safety 

• Worker welfare 

• Community engagement 

Monitoring summary 

Construction self-monitoring report received and reviewed in early 2022; in December 2022 Ghana Ministry of Finance announcing suspension of payments on selected external debts, including the Project. Construction works have largely been put on hold since then.

7. ±õ²Ô»å¾±²¹Ìý

7.1 Project: Design and supply of goods for upgrade and expansion of a petrochemical plant  

Year of issue 

2014-15Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety and security 

• Waste management 

• Social issues / stakeholder engagement 

Monitoring summary 

No known material environmental or social issues.

8. ±õ°ù²¹±çÌýÌý

8.1 Project: Construction and operation of a 750MW power station (Dhiqar) 

Year of issue 

2018-19Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Health and safety  

• Noise and air quality 

• Wastewater and waste management 

• Resource efficiency 

Monitoring summary 

No IESC reports or self-monitoring reports have been received this year. A reservation of rights letter has been shared with the buyer and borrower.

8.2 Project: Construction and operation of a 750MW power station (Samawa) 

Year of issue 

2018-19Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Health and safety  

• Noise and air quality 

• Wastewater and waste management 

• Resource efficiency 

Monitoring summary 

No IESC reports or self-monitoring reports have been received this year. A reservation of rights letter has been shared with the buyer and borrower.

9. °­³Ü·É²¹¾±³ÙÌý

9.1 Project: KNPC Clean Fuel Project (CDP) 

Year of issue 

2018-19Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

9.2 ±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Health and safety  

• Noise and air quality 

• Waste management 

• Soil, Groundwater and Surface Water Contamination 

• Worker welfare 

Monitoring summary 

IESC monitoring report received and reviewed.

10. ²Ñ´Ç³ú²¹³¾²ú¾±±ç³Ü±ðÌý

10.1 Project: Development of offshore gas fields 

Year of issue 

2020-21Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Labour and working conditions, health and safety, and security 

• Air, noise and soil quality  

• Waste and hazardous substances management 

• Physical resettlement and economic displacement 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

• Cultural heritage 

Monitoring summary 

Force Majeure was called by Total in April 2021 due to the deteriorating security situation. Construction works have been put on hold.

11. °¿³¾²¹²ÔÌý

11.1 Project: Construction and operation of a natural gas liquids (NGL) extraction plant, NGL pipeline and a petrochemical complex 

Year of issue 

2015-16Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Noise and Air Quality Labour and working conditions 

• Health and safety / contractor management 

Monitoring summary 

IESC monitoring report received and reviewed.

11.2 Project: Construction and operation of Duqm oil refinery 

Year of issue 

2018-19Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

• Worker welfare 

• Health and safety  

• Noise and air quality 

• Waste management  

• Resource efficiency  

Monitoring summary 

IESC monitoring reports received and reviewed. Several incidents reported in the FY 2023.

12. Saudi Arabia 

12.1 Project: Construction and operation of Saudi Kayan refinery and petrochemical plant 

Year of issue 

2010-11Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Health and safety  

• Emergency response 

Monitoring summary 

No known material environmental or social issues.

12.2 Project: Construction and operation of Sadara hydrocarbon and chlorine-based production complex 

Year of issue 

2013-14Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety  

Monitoring summary 

IESC monitoring report received and reviewed.

13. ³§±ð²Ô±ð²µ²¹±ôÌý

13.1 Project: Construction and rehabilitation of multiple roads within the national road network of Senegal (Project Strada) 

Year of issue 

2022-23Ìý

Applicable ESHR risk framework

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Line of credit, Buyer Credit Guarantee 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Stakeholder engagement

• Grievance mechanisms

• Emergency planning and response

• Worker welfare and occupational health and safety

• Supply chain management

• Noise, vibrations, dust and air emissions

• Hazardous materials, waste and drainage management

• Materials management in relation to shared resources and/or associated facilities

• Community health, safety and security

• Traffic management

• Potential for physical and economic displacement

• Biodiversity management

• Cultural heritage and   

• Monitoring and reporting for multiple project component locations 

Monitoring summary 

This is a line of credit with multiple tranches containing both physical and financial components. No tranches contain physical components have been approved yet hence monitoring requirements have not yet commenced.

14. ³§±ð°ù²ú¾±²¹Ìý

14.1 Project: Design, construction and maintenance of a new motorway (Morava Corridor) 

Year of issue 

2021-22Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Air emissions and climate change 

• Noise and vibration 

• Soil quality 

• Waste management 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

• Land acquisition and livelihood impacts 

• Occupational and community health and safety 

• Worker welfare 

• Cultural heritage 

• Visual impacts 

Monitoring summary 

IESC monitoring reports received and reviewed.

15. °Õ²¹¾±·É²¹²ÔÌý

15.1 Project: Construction of an offshore wind farm (Formosa 2) 

Year of issue 

2019-20Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Health and safety  

• Underwater noise pollution 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

• Economic displacement  

Monitoring summary 

IESC monitoring reports received and reviewed.

15.2 Project: Construction of an offshore wind farm (Changfang and Xiado) 

Year of issue 

2019-20Ìý

Applicable ESHR risk framework 

OECD Common Approaches and Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Health and safety  

• Underwater noise pollution 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

• Economic displacement  

Monitoring summary 

IESC monitoring report received and reviewed.

15.3 Project: Construction of an offshore wind farm (Changhua) 

Year of issue 

2021-22Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Labour and working conditions, including occupational health and safety 

• Management of thirds-party contractors and suppliers 

• Biodiversity and underwater noise pollution 

• Community engagement and grievance mechanisms 

• Marine traffic management and marine safety 

• Economic displacement and livelihood restoration  

Monitoring summary 

IESC monitoring report received in June 2024 and it is being reviewed.

15.4 Project: Construction of an offshore wind farm (Northland Power) 

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Project Finance 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• air pollution

• health and safety

• social and community impacts

• marine habitats

• biodiversity, particularly migratory birds

• emergency planning and response

• grievance mechanisms

• worker conditions of contract and 

• community engagement

Monitoring summary 

IESC monitoring reports received and reviewed for Q3 and Q4 2023. Next report is due imminently for Q1 2024.

16. °Õ²¹²Ô³ú²¹²Ô¾±²¹Ìý

16.1 Project: Expansion and upgrade of an existing Airport (Pemba) 

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Physical and economic displacement

• Biodiversity

• Occupational health and safety

• Climate change

• Emissions to air

• Noise impacts

• Waste management

• Emergency planning and response

• Community health and safety and  

• Community engagement

Monitoring summary 

Design works are ongoing and therefore construction, and hence E&S monitoring, has not yet commenced.

16.2 Project: Construction of 3 roads  

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Physical and economic displacement

• Biodiversity

• Occupational health and safety

• Climate change

• Emissions to air

• Noise impacts

• Wastewater treatment

• Waste management

• Emergency planning and response

• Community health and safety and 

• Community engagement

Monitoring summary 

Design works are ongoing and therefore construction, and hence E&S monitoring, has not yet commenced.

17. °Õ³Ü°ù°ì±ð²âÌý

17.1 Project: Design, construction and operation of a solar power plant (Kalyon) 

Year of issue 

2021-22Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°¿±è±ð°ù²¹³Ù¾±´Ç²Ô²õÌý

Key risks 

• Labour and working conditions 

• Human rights risks in the supply chain 

• Resource efficiency (in particular the use of water) 

• Land, air and water emissions 

• Wastewater, waste and hazardous material management 

• Community health and safety, including the use of security personnel 

• Land acquisition and economic displacement 

• Biodiversity, including the potential presence of critical habitats 

• Stakeholder engagement  

Monitoring summary 

IESC reports received and reviewed.

17.2 Project: Development and operation of a double-track high-speed rail (Ankara-Izmir) 

Year of issue 

2021-22Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Physical and economic displacement 

• Biodiversity, including impacts on critical habitats 

• Occupational health and safety 

• Air and noise emissions 

• Impacts on land and water 

• Waste and hazardous material management 

• Wastewater treatment 

• Construction camp conditions 

• Community engagement  

Monitoring summary 

Self-monitoring report received and reviewed. IESC reports received and reviewed.

17.3 Project: Development and operation of a new Urea Production Plant in the Gemlik District of Bursa, °Õ³Ü°ù°ì±ð²âÌý

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Labour and working conditions, including occupational health and safety and work, conditions of contract

• Wastewater, waste and hazardous material management

• Community health and safety

• Community engagement

• Emergency planning and response and 

• Emissions to air / climate change

Monitoring summary

The IESC and UKEF visited the site in May 2024, following an environmental spill in November 2023. Construction activities were halted for four months and resumed in April 2024. Breaches of E&S obligations recorded.

17.4 Project: Construction and operation of the MERSIN-ADANA-OSMANIYE-GAZIANTEP (MAG) high-speed rail (HSR), °Õ³Ü°ù°ì±ð²âÌý

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• physical displacement

• biodiversity and natural habitats

• occupational health and safety

• emissions to air

• noise impacts

• wastewater treatment

• waste and hazardous material management

• emergency planning and response

• construction camp conditions

• community health and safety and 

• community engagement

Monitoring summary 

IESC monitoring reports received and reviewed. Potential breaches of the E&S obligations.

17.5 Project: Construction and operation of a double-track high-speed rail (Yerköy-Kayseri) 

Year of issue 

2022-23Ìý

Applicable ESHR risk framework 

OECD Common Approaches / Equator Principles 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• physical and economic displacement

• critical habitats

• occupational health and safety

• air, noise and vibration impacts

• wastewater treatment

• waste and hazardous material management

• emergency planning and response

• construction camp conditions

• grievance mechanisms and 

• community engagement

Monitoring summary 

First IESC monitoring report received in February 2024.

18. ±«²µ²¹²Ô»å²¹Ìý

18.1 Project: Construction of a new international airport at Kabaale 

Year of issue 

2017-18Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending  

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Noise and air pollution 

• Water abstraction 

• Labour and working conditions 

• Health and safety / contractor management 

• Physical resettlement and livelihood restoration 

• Biodiversity management 

Monitoring summary 

IESC monitoring report received and reviewed.

18.2 Project: Construction of ancillary works for industrial park (Kampala) 

Year of issue 

2020-21Ìý

Applicable ESHR risk framework 

OECD Common Approaches 

±Ê°ù´Ç»å³Ü³¦³ÙÌý

Buyer Credit Guarantee / Direct Lending 

Project Phase 

°ä´Ç²Ô²õ³Ù°ù³Ü³¦³Ù¾±´Ç²ÔÌý

Key risks 

• Labour and working conditions, and health and safety 

• Air quality and noise  

• Wastewater, waste and hazardous substances management 

• Economic displacement 

• µþ¾±´Ç»å¾±±¹±ð°ù²õ¾±³Ù²âÌý

Monitoring summary 

Self-monitoring reports received and reviewed. No IESC monitoring reports received due to contractual issue. Delays in completion of biodiversity actions. Delivery of an IESC report to UKEF’s satisfaction is required as a condition of availability period extension.

19. ³Õ¾±±ð³Ù²Ô²¹³¾Ìý

19.1 Project: Construction and operation of the Nghi Son petrochemical refinery 

Year of issue 

2013-14Ìý

Applicable ESHR risk framework 

OECD Common Approaches  

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Project Finance  

Project Phase 

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Key risks 

• Environmental pollution 

• Labour and working conditions 

• Health and safety  

• Social issues / stakeholder engagement 

Monitoring summary 

Annual IESC monitoring report received and reviewed.