Time to open up Equator Principles – BankTrack

25 October 2011 - Environmental Finance, Christopher Cundy

A banking industry initiative on social and environmental risks in project finance should become more transparent and expand its scope, according to campaigners. Financial institutions that have signed up to the Equator Principles (EPs) – a credit risk management framework for determining, assessing and managing environmental and social risk in project finance transactions – are meeting in Washington, DC this week to discuss a third update to the EPs.  This follows the recent update to the IFC’s Performance Standards, upon which the EPs are based, and a review published in May. Read More.