Environmental Conservation & Rehabilitation (CVRD) Project

closed

Closed

The Environmental Conservation and Rehabilitation Project has three major objectives: a) to support the entire environmental program of Companhia Vale do Rio Doce (CVRD) by financing high-priority investments throughout its operations; b) to bring about changes in CVRD's policies, systems and procedures needed to reinforce sound environmental policies and management; and c) to correct some of the negative indirect environmental and social impact of CVRD's operations in sensitive portions of its area of influence, in particular in the Carajas corridor. The project consists of the following components: 1) air, water and soil pollution control and land reclamation investments in CVRD's mining, industrial, rail and port operations; 2) natural resource investments, which include reforestation and the conservation of natural forest and ecosystems in or around CVRD's installations; and fauna and flora inventories and conservation; 3) socially oriented investments contributing to the alleviation of social problems in ecologically sensitive areas in CVRD's area of influence; 4) studies, research, training, and technical assistance, including a comprehensive impact assessment of the Tubarao industrial port, other pollution monitoring and impact studies; 5) implementation of a comprehensive corporate environmental information, control, monitoring and auditing system; and 6) other sub-projects and studies, aimed at further reducing pollution and environmental degradation.

FY17 - Agriculture, Fishing and Forestry,FY17 - Energy and Extractives,FY17 - Social Protection

World Bank Group

Project

Water Supply and Storage, Rail, Manufacturing (Industrial), Biomass, Raw Materials, Government