Tourism Business Evaluation: Environmental and Social Investment Analysis of Rainforest Tram LTD.
As part of DEG’s environmental and social due diligence process RFT retained EPI to conduct a social and environmental gap analysis of RFT’s current tourism operations. Research and field analysis were conducted in Jamaica and Costa Rica. A proprietary evaluation framework compatible with both IFC Performance Standards and related World Bank Environmental Health & Safety Guidelines were used. Environmental and Social (E&S) gap analysis reviewed management, compliance and performance, in order to understand how the company might approach the E&S management, compliance and performance monitoring of the planned investments. The assessment also considered likely future impacts associated with the projected business growth.