Who and where are the Equator Banks? - IILJ

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`çåíÉåíë= Introduction 1 What are the Equator Principles? 2 Who and where are the Equator Banks? 3 What are the Equator Banks looking for? 4 Why have the Equator Banks adopted the Equator Principles? 5 What difference have the Equator Principles made to the Equator Banks? 11 What do NGOs think of the Equator Principles? 16 Loan documentation issues 19 Where next for the Equator Principles? 23 Recommendations for Equator Banks 25 = cçê=ÑìêíÜÉê=áåÑçêã~íáçå=éäÉ~ëÉ=Åçåí~Åí= m~ìä=t~íÅÜã~å= = SR=cäÉÉí=píêÉÉí= içåÇçå=b`Qv=Nep= qH= QQ=OM=TUPO=TRNR= cH= QQ=OM=TUPO=TMMN= b= é~ìäKï~íÅÜã~å]ÑêÉëÜÑáÉäÇëKÅçã= ï= ÑêÉëÜÑáÉäÇëKÅçã= = «cêÉëÜÑáÉäÇë=_êìÅâÜ~ìë=aÉêáåÖÉê=OMMR= =
= fåíêçÇìÅíáçå This is a summary report of the results of a survey into the impact of the Equator Principles on the lending practices of the banks that have adopted them. Members of our London environmental, planning and regulatory group carried out the survey, with the assistance of partners and associates in the firm’s project finance group. The summary report is very much a work in progress. The survey was conducted first, by means of specially tailored questionnaires addressed to the major project finance banks (both Equator Banks and others); sponsors of major projects, ethical funds, consultants, and public bodies; and environmental and other non-government organisations (NGOs) (including some which specifically monitor the activities of banks). Secondly, a series of interviews was conducted with leading figures at the Equator Banks, non-Equator Banks, sponsors, NGOs, trade associations, law firms, accountancy firms, public bodies and consultancies experienced in implementing and advising on the Equator Principles. In some cases, it was possible to obtain good quality information in a single interview. However, in some cases more than one interview was carried out with the same person or with several people at one institution not only to fill in information gaps or deficiencies in knowledge but because we found that they had important insights and valuable knowledge of aspects of the evolution, drafting, implementation or impact of the Equator Principles. In this summary report, we have not identified any participants or organisations or attributed views or quotations to any participant and we have not cited more than a handful of written or electronic sources. We acknowledge gratefully the assistance of all those who participated in the survey. N= bèì~íçê=mêáåÅáéäÉë=pìêîÉó=OMMR=Ó=pìãã~êó=oÉéçêíW=m~êí=f=Ó=qÜÉ=_~åâë= cêÉëÜÑáÉäÇë=_êìÅâÜ~ìë=aÉêáåÖÉêI=cÉÄêì~êó=OMMR=
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Who and where are the Equator Banks? - IILJ

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