FIRST FINANCING LIMITED ‘s highly experienced Investment Team seeks to develop a risk-weighted portfolio of waste to energy and mineral mining investments, spread by commodity, country and investment stage.
Projects in the mining sector are usually prime projects for bringing value to indigenous natural resources, increasing export revenues and generating fiscal income for the country through royalties and corporate taxes. Moreover these projects create permanent – direct and indirect – jobs and provide training that contributes to local skills.
In the North American , European, African, Caribbean, and Pacific (ACP) countries, FIRST FINANCING LIMITED finances projects that contribute to the Cotonou Agreement’s objectives of poverty eradication, sustainable development and the gradual integration of the ACP countries into the world economy. The Cotonou Partnership Agreement is the agreement on economic and political cooperation between the European Union (EU) and the group of African, Caribbean and Pacific states (ACP countries). It is a particularly important aspect of the EU development cooperation policy and of the EU’s external action.
As to guidelines on tailing, waste disposal and use of chemicals, FIRST FINANCING LIMITED appraisal includes verification that the relevant environmental issues have been properly addressed by the promoter and mitigating measures incorporated into the project design, or are foreseen according to best industry practice.
FIRST FINANCING LIMITED uses the respective EU Directives as guidelines for the treatment of specific issues such as toxic waste, etc. Of special interest in this respect is the EU Directive for Integrated Pollution Protection and Control (IPPC).