Admin Equator Group
Ignoring screening in order to avoid safeguards requirements may seem like a way to speed up and simplify a project, but it can have more complicated negative consequences:
1) Severe Environmental Damage:
Without screening, projects can cause irreversible damage to ecosystems, such as water pollution, landslides, and deforestation.
2) Intense Social Conflict:
Affected communities may not be included or fairly compensated, leading to opposition, protests, and even legal action that can stop the project.
3) Legal Sanctions and Project Delays:
Violations of environmental and social regulations can lead to severe sanctions, including large fines, project stop orders, and lawsuits.
4) High Cost of Remediation:
Addressing negative impacts after the project is underway can be much more expensive than initial prevention through screening and implementation of safeguards.
5) Tarnished Reputation and Trust:
Companies or organizations that ignore safeguards requirements may lose the trust of stakeholders, including investors, communities, and governments.
6) Negative Impacts on Public Health:
Projects that do not take into account social impacts may cause health problems for nearby residents, such as illnesses from pollution or lack of access to essential resources.
23 Juli 2024