Covenants tied to compliance are a core strength of the Principles. For all Projects, where the client breaches its E&S covenants, the EPFI works with it on remedial action, and if compliance is not restored inside the grace period agreed, the EPFI may use its remedies, calling an event of default among them. For PF and PRCL the client covenants to comply in all material respects with the host country's E&S law, regulation and permits, and for Category A and B Projects also covenants to comply with the ESMPs and any EPAP during construction and operation, to give periodic reports in an agreed format at least once a year (documenting ESMP and EPAP compliance and representing compliance with local, state and host country law), and to decommission facilities under an agreed plan where appropriate. For refinance and acquisition finance, existing environmental and social obligations are carried into the new documentation.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.