‘Green' risks in project financing

India - 12 April 2011 - The Hindu Business Line, Koyel Mandal

With a number of projects facing protests and environment clearances being challenged, financial institutions need to adopt internal guidelines to manage such risks effectively. In the last decade or so, a number of companies or projects in India have either been shut down temporarily or permanently, or have been heavily penalised as a result of adverse environmental and social impacts. Read more