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Appraising PPP Projects

413.2 Outputs of the Environmental Feasibility Analysis

The environmental feasibility analysis needs to provide a sound recommendation about the environmental viability of the project, that is, if it can obtain the necessary approvals and, if so, at a reasonable cost.

This exercise also allows for a reduced environmental footprint of the project, offering input to the design of the technical requirements, greatly contributing to the sustainability of the initiative.

In some cases, for simpler and smaller projects, the environmental assessment at this stage produces a full and definitive environmental approval. This is unlikely to happen in larger, more complex projects. In the latter case, a precise roadmap for obtaining the approval should be produced.

Lastly, the environmental feasibility offers a very important set of inputs, both for the financial model and the technical requirements.

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