Shifting the equator

Canada - 25 February 2013 – ListedMag, Sandra Odendahl

Most banks assess the social and environmental impact of major resource-based projects they finance using the Equator Principles. And those principles might soon look very, very different.  If you work in mining, oil and gas, power generation or any other intensive resource-based industry, you are probably familiar with the Equator Principles—a framework used by major banks to assess the social and environmental impact of financed projects. What you may not know is that in 2013, the Equator Principles are slated to look very, very different—more prescriptive and wide-ranging—with changes that will affect availability, access, terms and reporting requirements for project financing all over the world.  Read More.