In August 2007 China Export and Import Bank issued Guidelines for Environmental and Social Impact Assessments of the China Export and Import Bank’s (China EXIM Bank) Loan Projects. These guidelines are an improvement over the Bank’s 2004 environmental policy, which was released to the public in April 2007.
The guidelines specify that social and environmental impact assessment is required for overseas projects, and that borrowers must follow laws and regulations of the host country. The guidelines were developed in accordance with the China’s Environmental Impact Assessment (EIA) Law, Environmental Protection Law, and Environmental Management for Construction Project Ordinance, and “with reference to regulations and procedures for environmental and social assessments of other international financial organizations.”
(English translation of guidelines provided by International Rivers; not an official translation)