Ma Carla Mapalo
- Jul 12, 2022
Equator Principles: An Attempt Towards Sustainable Financing
Overview Large-scale development projects pose devastating impacts on the environment and local communities. To address the risks of these projects, the World Bank and several financial institutions adopted the Equator Principles, which serve as a "financial industry benchmark for determining, assessing, and managing environmental and social risks in projects.” They provide the standards that investors and banks must comply with to ensure that the projects financed are devel