Independent Environmental & Social Consultants
Our associates have served as environmental and social advisors, appraised investment projects on behalf of multilateral financial institutions, managed and supported independent engineers during due diligence and monitoring of capital developments around the world. Sample projects include the following:
Prizma supported Independent Engineers of mining projects based in Turkey and Burkina Faso by reviewing social aspects and opining on compliance with the IFC Performance Standards and Equator Principles (see here).
Prizma was engaged by White & Case LLP, representing Gold Reserve Inc., to serve as an expert on ESIAs, IFC Performance Standards and Equator Principles on an international arbitration case before the World Bank’s International Centre for Settlement of Investment Disputes (ICSID). Gold Reserve was awarded over $700 Million by ICSID (see here).
Prizma served on an Expert Panel convened by IFC’s Compliance/Advisory Ombudsman (CAO) following community grievances to conduct a compliance review of IFC’s due diligence and monitoring of its Karachaganak oil project, Kazakhstan.