Environmental Risk and Damage Assessment

Assessment of project environmental risk and environmental damage, environmental risk management

Services in environmental risk and damage assessment:

Identification and quantitative and qualitative assessment of environmental and social risks of a facility or project due to its internal factors and siting geography
Implementing the results of environmental and social risk assessment into practice of a company or project at any stage
Assessment of environmental damage inflicted by actual or predicted man-caused impact
Development of measures for efficient environmental risk management
Audit of the existing environmental management systems
Organization and delivery of personnel trainings in relevant topics

Environmental risks fall into the category of difficult to assess and underestimated risks, as the most high-profile cases of their occurrence show

In our projects we consider an environmental risk in two aspects:
1
Man-caused impact
Accidental damage to the environment
2
Damage
Damage caused by natural events and processes (including climate change)

Damage assessment takes into account both fast-developing and cumulative natural events and processes (including climate change)

A high level of the environmental risk may be due not so much to hazardous factors of a particular project as to its geography
The historical confinement of many large energy and industrial centers to cities, valleys of large rivers and sea coasts, and as regards new development centers - also to the cryolithozone, against the background of the observed climate change determines the growing exposure of energy and industrial facilities to the risk of external impacts and accidents involving environmental damage and long-term social implications.

Environ Consult successfully applies a risk-oriented approach based on international best practice for all types of environmental and social assessments and efficient environmental support of large projects in various countries

Huge annual damage from forest fires, floods and other extreme natural events, combined with multimillion-dollar fines imposed on companies liable for emergency pollution of the environment, creates prerequisites for further development of environmental insurance, including the imputed damage option
Recent examples of the environmental risk realisation are numerous emergency spills of oil and its derivatives which have noticeably intensified the discussion among all stakeholders on options of the efficient insurance protection of business while safeguarding interests of the state and community.

A climate-driven increase in the frequency of extreme natural events such as natural fires, floods and exogenous geological processes affects many countries and regions, making risk management no longer the privilege of individual sectors or large internationally funded projects, but a universal imperative.

The regulatory and methodological framework for this sphere is largely underdeveloped, and in recent years there has been an active discussion of possible options for its correlation with the existing categorisations of risk sources such as hazardous production facilities, objects of negative environmental impact, objects of accumulated past environmental damage, as well as lands and water areas with their inherent combination of natural and man-caused risk factors.
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