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You can register and self assess your infrastructure project through this simple process. Infrastructure assets that meet all requirements of the FAST-Infra Framework will qualify for a FAST-Infra Label:
Steps
Complete Process
1
Register your project on the Digital FAST-Infra Portal.
2
Confirm that the project meets required compliances.
3
Check projects compliance to FAST-Infra criteria.
Provisional Label automatically awarded on FAST-Infra Portal.
4
3rd Party Verification.
Final Label awarded on FAST-Infra Portal.
All
Register your project on the Digital FAST-Infra Portal
FAST-Infra Label can be applied at all lifecycle stages including planning, designing, constructing and operating.
1
Confirm that the project meets required compliances
Minimum Safeguards
Confirm status of the project documents and adherence to baseline compliances such as overarching guidelines of the Environmental and Social Performance Standards of the International Finance Coalition (IFC), Equator Principles, ESIA, ESMS, etc.
2
Check projects compliance to FAST-Infra Label criteria
Infrastructure assets need to adhere to 14 FAST-Infra Label sustainability objectives across four dimensions of sustainability – Environmental, Social, Governance, and Adaptation & Resilience. These have been curated from best practice reference frameworks and standards in the market.
Significant Positive Contribution
The infrastructure assets need to showcase that at least 1 criterion meets the positive contribution threshold to a sustainability objective. This could be by demonstrating an alignment to one of the UN Sustainable Development Goals.
3
Self-assessed Label automatically awarded on FAST-Infra Portal
An external, third-party review shall be conducted by technical experts independent from the infrastructure asset owner, project financier and contracting public authorities.
4
Final Label awarded on FAST-Infra Portal
Infrastructure assets that meet all requirements of the FISI Framework will be able to conduct self-assessment and qualify for a FISI Label through this simple process:
FAST-Infra Label Data Portal
Currently the FAST-Infra Label Secretariat is working on building Data Upload Portal, a technical platform to disclose, report, and measure information about the labelled projects.