Thames Tideway Tunnel

House of Lords written question – answered on 22nd October 2013.

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Photo of Lord Berkeley Lord Berkeley Labour

To ask Her Majesty’s Government when the most recent Environmental and Social Impact Assessment of the Thames Tideway Project was undertaken in a format and scope acceptable to financing institutions who have signed up to the Equator Principles and who might be asked to finance the project.

Photo of Lord de Mauley Lord de Mauley The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs

As sponsor of the Thames Tideway Tunnel project, Thames Water has submitted a mandatory Environmental Statement, including environmental and social impacts, as part of the Development Consent Order application it submitted to the Planning Inspectorate in March 2013. There is no requirement for this to be compatible with the Equator Principles. My reply of 8 January 2013 (Official Record col.WA91) explained the applicability of the Equator Principles to companies seeking to invest in major regulated utility sector infrastructure projects such as the Thames Tideway Tunnel.

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