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Environmental Liability Risk Assessment, Residuals Management Plans and Financial Provision ELRA

Summary: This guidance document presents a systematic approach to the assessment and management of Environmental Liabilities in order to comply with IPPC and Waste Licence conditions for Environmental Risk Assessment (ELRA), Residual Management Planning (RMP) and Financial Provision (FP).

Published: 2006

ISBN: ISBN: 1-84095-195-8

Pages: 83

Filesize: 3,453KB

Price: Free to download / €20 for a printed version

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This guidance document presents a systematic approach to the assessment and management of Environmental Liabilities in order to comply with IPPC and Waste Licence conditions for Environmental Risk Assessment (ELRA), Residual Management Planning (RMP) and Financial Provision (FP). Currently there are variations between the IPPC and Waste Licensing systmes in relation to specific conditions and terminology, but these will be gradually addressed during future revisions to existing licences (through the implementation of the IPPC Directive for example) and by the issue of new licences to new facilities.

This guidance includes a risk assessment methodology in Step 1 (Initial Screening) that reduces the number of IPPC and Waste licensed facilities that will be required to complete full ELRA and RMP reports and make Financial Provision. The Guidance also proposes a system whereby higher risk facilities can reduce their risk profile through risk management in order to reduce the costs of making finacial provision.

There are several enviornmental benefits of proper ELRA, CRAMP and FP planning which include:

  • The reduction in the potential for environmental damage as the result of accidents
  • The minimisation of residual / long term impacts from manufacturing and waste management facilities upon closure
  • Forward Finacial planning for environmental liabilities
  • Reduction in the financial provision required