Year: 2021 – 2022 | Client: Asian Development Bank | Location: Asia

The Terms of Reference for this assignment were to review the Environmental and Social (E&S) safeguard policies of selected Multilateral Financial Institutions (MFIs, such as EBRD, IFC and WB) for reference and recommendations related to EFlows in the E&S policy documents, comparing these with the Safeguard Policy Statement (SPS) and recommend how/where to integrate EFlows in the new revised SPS of the ADB. The deliverables are linked to two main phases:

1. Review the safeguard policies of selected MFIs (such as EBRD, IFC and WB) for EFlows Issues/standards, comparing these with the Asian Development Bank’s (ADB) SPS
2. Evaluate integration of EFlows into the new revised safeguards policy statement of the ADB.