Where are all the SEAs? Project finance and Strategic Environmental Assessment of major oil and gas developments
The report comes as the International Finance Corporation is consulting on its Environmental Safeguards and the European Bank for Reconstruction and Development (EBRD) is revising its Energy and Natural Resources Policies. Both of these institutions have articulated their support for conducting SEAs, but neither have been able to deliver.
WWF is concerned that oil and gas programmes proposed for key ecoregions around the world will devastate decades of work to protect both biodiversity and livelihoods. For example frontier areas such as the East and West African coastline are subject to exploration activity. WWF is working with partners to promote discussion of strategic environmental and social issues in these regions.