12 C.F.R. § 408.5 Ensuring environmental documents are actually considered in Agency decision-making.
Title 12 - Banks and Banking
Section 1505.1 of the NEPA Regulations contains requirements to ensure adequate consideration of environmental documents in agency decision-making. To implement these requirements, Eximbank officials will: (a) Consider all relevant environmental documents in evaluating applications for Eximbank financing; (b) Ensure that all relevant environmental documents, comments and responses accompany the application through Eximbank's review processes; (c) Consider only those alternatives encompassed by the range of alternatives discussed in the relevant environmental documents when evaluating an application which is the subject of an EIS.
Title 12: Banks and Banking
PART 408—PROCEDURES FOR COMPLIANCE WITH THE NATIONAL ENVIRONMENTAL POLICY ACT
Subpart B—Eximbank Implementing Procedures
§ 408.5 Ensuring environmental documents are actually considered in Agency decision-making.
---------------------------------------------------------------------------------------------------------------- Key officials or offices Eximbank actions Start of NEPA process Completion of NEPA required to consider process environmental documents----------------------------------------------------------------------------------------------------------------Issuance of Preliminary Commitment When application is When the Board of Under § 408.4(b)(1) (i) (P.C.). received. Directors meets to and (ii), General Counsel to consider determine whether requested application. The Eximbank financing is a major Board may notify action and Engineer to applicant that determine whether proposed environmental Transaction may significantly effects will be affect the quality of the considered when human environment in the final commitment is United States, its requested and territories or possessions. request information on environmental matters.Issuance of Final Commitment...... When application is When the Board of (If no P.C. has been issued, received. Directors meets to key offices will make consider application. determinations mentioned above.) Engineer to collect, prepare or arrange for preparation of all environmental documents.----------------------------------------------------------------------------------------------------------------
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