Environmental and Social Impact Assessment in Myanmar

Impact Assessments – The Edge Review

While the development of an environmental conservation law is good news for Myanmar, the lack of implementing procedures and the ESIA guidelines means that in practice its is up to companies to regulate themselves. This week’s Edge Review, in its article ‘Bracing for Impact’, notes that the investment climate in Myanmar is undergoing significant growing pains and that the dearth of regulation is undermining the certainty and stability needed to attract investment. It also notes the role of the World Bank’s International Finance Corporation, which has drafted investment law that could undermine stringent environmental protections in the future.

http://www.theedgereview.com/node/880

The full article is attached to this post.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: