Equator Principles goes beyond project finance, improves transparency

An update to the Equator Principles (EP) released today is set to broaden the impact and improve disclosures under the voluntary project finance code.

The EP provides financial institutions with a framework for identifying, assessing and managing environmental and social risks in their project finance deals. Most of the major project finance banks subscribe to the principles, which were launched in 2003 and were revised in 2006.

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