Abstract: . . .  improve and refine the Guidelines to make them as suitable and useful as possible for reviewing renewable energy projects. Acknowledgements UNEP wishes to thank Gloria Argueta Raushill, whose Masters Thesis for The International Institute for Industrial Environmental Economics, Lund University, Sweden in 2002 was the basis for the EDD Guidelines and who provided the initial draft of the Guidelines and adapted them according to the input from stakeholders.. UNEP also wishes to thank all those who have . . .
. . .  environmental monitoring of the project should continue until the loan has been repaid, the financial institution or investor has divested its equity share in a company, or the operation has been cancelled. Disclaimer The UNEP Guidelines on Environmental Due Diligence of Renewable Energy Projects are intended to serve as a practical tool for identifying and managing environmental risks associated with renewable energy projects. They are not meant to supplant national or local environmental or permitting . . .
. . .  environmental monitoring of the project should continue until the loan has been repaid, the financial institution or investor has divested its equity share in a company, or the operation has been cancelled. Disclaimer The UNEP Guidelines on Environmental Due Diligence of Renewable Energy Projects are intended to serve as a practical tool for identifying and managing environmental risks associated with renewable energy projects. They are not meant to supplant national or local environmental or permitting requirements. . . .
. . .  projected investment does not carry financial, legal, or environmental liabilities beyond those that are clearly defined in an investment proposal. The environmental component of the due diligence procedure is referred to as environmental due diligence (EDD). Originally, lenders or investors used EDD to manage environmental risks and liabilities stemming from an investment decision. Recently, it has become a way for financial institutions to incorporate environmental and social considerations in their . . .
. . .  supplant national or local environmental or permitting requirements. The EDD Guidelines are to be considered work in progress and UNEP and BASE will continue to improve and refine the Guidelines to make them as suitable and useful as possible for reviewing renewable energy projects. Acknowledgements UNEP wishes to thank Gloria Argueta Raushill, whose Masters Thesis for The International Institute for Industrial Environmental Economics, Lund University, Sweden in 2002 was the basis for the EDD Guidelines . . .
. . .  the input from stakeholders.. UNEP also wishes to thank all those who have provided feedback that assisted in the production of the EDD Guidelines: For biomass energy projects: Horst Jauschnegg, Austrian Biomass Association, Kevin Healion, Irish Bioenergy Association and Jan Kai Dobelmann, Deutsche Gesellschaft für Sonnenenergie. 13  . . .
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