EIA Requirement Under the NIB Act

Investors are legally required to conduct Environmental Impact Assessments in accordance with national environmental laws and the NIB Act. This ensures projects align with sustainable development goals and mitigate harmful impacts.

When EIA is Required

• Large-scale infrastructure, energy, and mining projects
• Projects in environmentally sensitive areas
• Industrial activities with pollution potential
• Projects involving hazardous materials

Steps to Comply

• Submit a project brief to the Environmental Protection Agency (EPA)
• Conduct an Environmental and Social Impact Assessment (ESIA)
• Hold public consultations and stakeholder engagement
• Submit EIA report for EPA and NIB review
• Receive approval before project execution

Support from NIB

NIB facilitates coordination with the EPA and ensures investors receive guidance through the EIA process. We also support with fast-tracking assessments for strategic projects.

Inspired by Regional Best Practices

The NIB promotes investor education, early environmental planning, and streamlined review systems through a collaborative government approach.

Penalties for Non-Compliance

Non-compliance with EIA requirements can lead to project suspension, fines, and revocation of investment approvals. Compliance ensures both legal safety and environmental responsibility.

Green Investment Benefits

• Positive brand reputation
• Access to green financing and international partnerships
• Long-term operational efficiency
• Alignment with global ESG standards

Contact for EIA Guidance

NIB’s Environment & Compliance Unit is available to help investors navigate the process and connect with regulators and consultants.