Early involvement in foreign activities for which Eximbank financing may be requested.

CFR · 2024-01-01 · US · Title 12

(a) Section 1501.2(d) of the NEPA Regulations requires agencies to provide for early involvement in actions which, while planned by private applicants or other non-Federal entities, require some form of Federal approval. Pursuant to the Export-Import Bank Act of 1945, as amended, Eximbank is asked to provide financing for transactions involving exports of U.S. goods and services for projects in foreign countries which are planned by non-U.S. entities (Transactions). (b) To implement the requirements of § 1501.2(d) with respect to these Transactions, Eximbank: (1) Will provide on a project-by-project basis to applicant seeking financing from Eximbank guidance as to (i) The proposed Eximbank financing would be a major action and (ii) A Transaction may significantly affect the quality of the human environment in the United States, its territories or possessions. (2) Upon receipt of an application for Eximbank financing or notification that an application will be filed, will consult as required with other appropriate parties to initiate and coordinate the necessary environmental analyses. (c) To facilitate Eximbank review of Transactions for which positive determinations have been made under paragraphs (b)(1)(i) and (ii) of this section, applicants should: (1) Consult with the Engineer as early as possible in the planning process for guidance on the scope and level of environmental information required to be submitted in support of their application; (2) Conduct any studies which

official document · source cfr-2024 · id 12:§ 408.4