Chemical Plants GHG Emissions: Reconciling the Financing of Chemical Plants with Climate Change Objectives
Suding, Paul Hugo
This technical note presents orientation for project teams and clients on how to reconcile the financing of chemical plants with climate change objectives. In lieu of minimum performance criteria, it provides quantitative benchmarks by which to prioritize levels of attention. It also provides guidance on assessing and encouraging the reduction of projects' greenhouse gas emissions in accordance with the best available appropriate technologies. The present document in form of a technical note, therefore, conveys an approach to financing chemical plants in a manner consistent with the IDB's commitment to protecting the environment and reducing adverse impacts on the global climate, as established in its Environment and Safeguards Compliance Policy.