Environmental Liability Directive (EU)

The EU's Environmental Liability Directive is an effort to harmonize previous liability regimes and implements the "polluter pays" principal: making parties responsible for environmental damage financially responsible for preventing and remediating that damage. The equivalency requirements under the ELD are not limited to strictly like-for-like.

Program Statistics

Date Established: 2004 Status: Active Program Type: Compensation
About the program:
Annual size of program (area): (acre) Year of Data:
Cumulative size of program (area): (acre) Years of Data: -
Annual payments of program (US$): Year of Data:
Cumulative payments of program (US$): Years of Data: -
Notes on program size or payments:
Species or habitat types (if applicable):
Notes: http://ec.europa.eu/environment/legal/liability/index.htm
Bank regulator information: Environment Directorate-General of the European Commission Last Updated: June 29, 2010