Consultation on the Safeguards-Policy of the International Climate Initiative

December 2021-February 2022

The IKI is the  central funding instrument of the BMU to support international climate action and biodiversity. In line with the United Nations Framework Convention on Climate Change (UNFCCC) and the Convention on Biological Diversity (CBD), the BMU finances projects that promote climate action and biodiversity  in developing and emerging countries. The Zukunft - Umwelt - Gesellschaft gGmbH (ZUG) supports the BMU in implementing the funding program.

The new IKI Safeguards Policy now aims to set out the guiding principles and procedures for ensuring that international environmental and social standards are upheld in IKI projects. The draft policy has been released for consultation by the BMU. The aim of the consultation is to improve the effectiveness of the policy through dialogue with stakeholders.

The consultation will be open until February 11th 2022. During this time the IKI Safeguards Policy can be commented on. Information about the Policy and the consultation process can be found below. Online consultation seminars are scheduled for the third week of January (dates and registration below).

The draft Safeguards Policy can be downloaded here:

German

English

 

Overview of the planned Safeguards Policy

The IKI Safeguards Policy is based on internationally established principles and procedures for safeguarding international environmental and social standards, which are also implemented in other international institutions working to protect climate and biodiversity.

  • The IKI is committed to complying with international environmental and social standards as part of its due diligence obligations. It is aligned with the environmental and social standards of the Green Climate Fund (GCF), which currently applies the IFC Performance Standards on Environmental and Social Sustainability.
  • The aim of the IKI Safeguards is to maximize positive environmental and social impacts of funded projects and to mitigate, minimise or prevent negative environmental and social impacts to the extent possible.
  • The Safeguards Policy and environmental and social standards apply to all projects funded by the IKI. This also covers sub-projects financed through financial intermediaries or through partners who receive forwarded funds.
  • The policy outlines how compliance with safeguards is ensured throughout the project cycle, from project application to completion, and the procedures that must be followed in case of a breach of safeguards standards.
  • Due diligence requirements are differentiated in accordance with the UN Guiding Principles on Business and Human Rights.
  • Guiding principles include social and environmental sustainability, protection of biodiversity, respect for international human and labour rights, especially those of indigenous, vulnerable and marginalised groups, stakeholder engagement and participation, as well as the application of a risk-based approach and a risk mitigation hierarchy.
  • Learning and continuous development of the policy are an integral part of the policy based on lessons learned, regular reviews, and international standards and best practices.
  • The IKI Safeguards are managed by the Safeguards Team at ZUG. It can be reached at: safeguards@z-u-g.org.

 

Scope of the Consultation

You can participate by submitting written input as well as attending two online seminars on January 17, 2022 or January 19, 2022 (registration below). All comments on the IKI Safeguards Policy are welcome. We are particularly interested in comments on:

  • Structure and clarity of procedures.
  • Differentiation of due diligence requirements according to the UN Guiding Principles on Business and Human Rights.
  • Complementarity with environmental and social standards of organizations (if any) implementing projects funded by the IKI.
  • Dealing with safeguards violations or harm to the environment and people caused by project activities.
  • Regulations on transparency and stakeholder engagement, particularly with regard to the obligations of implementing organizations.

Registration for online consultation seminar

Registration for online consultation seminar