Who and where are the Equator Banks? - IILJ
Who and where are the Equator Banks? - IILJ
Who and where are the Equator Banks? - IILJ
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Some non-<strong>Equator</strong> <strong>Banks</strong> have hesitated to adopt <strong>the</strong> Principles because<br />
<strong>the</strong>y see no rational grounds for confining social <strong>and</strong> environmental review<br />
to project lending <strong>and</strong> <strong>the</strong>y <strong>are</strong> consequently uncertain of <strong>the</strong> extent of <strong>the</strong><br />
final commitment <strong>and</strong> of its impact on <strong>the</strong>ir businesses.<br />
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A particular manifestation of this concern about uncertainty surrounds <strong>the</strong><br />
forthcoming review of <strong>the</strong> IFC Safeguard Policies. As <strong>the</strong> Principles <strong>are</strong><br />
linked to <strong>the</strong> Safeguard Policies, some banks have decided to ‘sit out’ <strong>the</strong><br />
first stage until <strong>the</strong> Policies have been revised in a manner satisfactory to<br />
<strong>the</strong> private banking sector.<br />
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