Changes in Environmental Legislation: How to Protect Your Position
The EU Environmental Liabilities Directive (ELD) has introduced new legal requirements, which the Irish Environmental Protection Agency (EPA) has summarised in its Guidance on Financial Provision for Environmental Liabilities for EPA Licence Holders.
There are two requirements for licence holders:
- Financial provision for incidents
- Financial provision for closure
This document looks at the specialist insurance and performance bonds which can be used to protect you.