Water Access, Pollution Realities in Naryn: EBRD to fund FS, Project
Instead of conjuring up mining related pollution problems (see also Postcard from Naryn, Kyrgyz Republic), the City of Naryn and multilateral lenders seem to be embracing the realities associated with dilapidated water and waste water treatment systems.
Shortlink: http://wp.me/p27qSt-yH
FT/IFC Sustainable Finance Awards: Promoting Innovation or Greenwash?
On June 13, 2013, the Financial Times and the International Finance Corporation (IFC) announced the winners of the 2013 FT/IFC Sustainable Finance Awards. These awards went to of Kenya winning the Award for Excellence in Sustainable Finance, taking the Sustainable Global Bank of the Year transaction prize, and of the UK recognized as Sustainable Investor of the Year.
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NGO BankTrack zooming in on Equator Banks
BankTrack, a networked NGO, continuous to position itself as a watchdog of the . According to its , BankTrack is expecting to provide a platform for NGOs to pursue -related complaints.
Postcard from the Panama Canal
As we were watching in awe how large container ships were guided through the Miraflores locks of the Panama Canal, I wondered if the tourists around us were aware of the on-going expansion of the Panama Canal, co-financed by IFC, ADC, IADB, EIB and JBIC, and the emerging .
Third Gen Equator Principles (EPIII) is Out – What’s New?
EPs are financial industry benchmark for determining, assessing and managing environmental and social risk in projects. Have EPs come a long way or are you, like BankTrack, underwhelmed?
Supporting Penonome Wind Farm in Panama
has been retained to support the Penonome Wind Farm development in Panama. This project is being developed by , the Panamanian subsidiary of Spain’s Unión Eólica.
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Third Gen Equator Principles (EPIII) Published
Equator Banks have approved a major update to the Equator Principles, referred to as EPIII. It has extended its scope to project-related corporate loans and bridge loans. Shortlink: http://wp.me/p27qSt-xl Read the rest of this entry »
Equator Principles – Creating New Regulators or the Extra Mile?
A recent note on the LinkedIn site of the suggests that Equator Principles Financial Institutions (better known as Equator Banks) are emerging as the new 'regulators'. Is this real or desirable? Shortlink: http://wp.me/p27qSt-wZ Read the rest of this entry »
Lucara Diamond publishes Inaugural Sustainability Report
While traveling on an assignment, I was pleased to note that , a new diamond producer, web-published its inaugural . Lucara’s producing asset is the in Botswana. As noted , had been retained to assist Lucara to generate its inaugural 2012 Sustainability Report. - Shortlink:
Supporting Centerra Gold with CR Reporting
has been retained to support , a Canadian-based gold mining and exploration company, with its Corporate Responsibility reporting efforts. Read the rest of this entry »