The Environmental Impact Assessment Requirements Of Development Bank Of Ethiopia And Their Implementation In Light Of Environmental Impact Assessment Laws

Environmental Impact Assessment is a tool to promote Sustainable Development. Thernessence of sustainable development is balancing the need for development and protectionrnof environment.rnNowadays, Development Banks made EIA a precondition to finance projects andrnInternational Conventions and Declarations require the use of EIA of developmentrnprograms and projects. Furthermore, judicial decisions passed by IC] recognized EIA asrnCustomary International Law status. Therefore, all Countries are obliged to use EIA ofrnprojects. As a result Development Bank of Ethiopia concerns and has EIA requirementsrnas basic criteria to finance projectsrnTo this end, the study is aimed to investigate the EIA requirements of DBE and theirrnimplementation in light of EIA laws. Accordingly, the study employed quantitative andrnqualitative research methods and found that even if, DBE has strong concern tornimplement EIA of DBE financed projects, there are challenges encountered to implementrnit.rnThe Thesis came up with the findings that DBE financed projects are harming thernenvironment and so that DBE should pay equa l attention to the formulation of Policy andrnimplementation of EIA. In addition, to achieve the common goal of sustainablerndevelopment, EIA should not be only the concern of DBE but also the concerns of allother private and government Banks in Ethiopia

Get Full Work

Report copyright infringement or plagiarism