Water

Dams and Development E-Paper Contents

p. 64 of 74 BACK | NEXT Home Page of Dams and Development Foreword I. Why an e-paper on dams and development? II. Assessing options III. Participatory processes IV. Social impacts V. Environmental impacts VI. Benefit distribution VII. Dam safety and sustainability VIII. Existing projects IX. Improving governance X. What other organizations say World Commission on Dams - reactions and follow up UNEP Dams and Development Project World Bank Examples of in-country dialogues Policies in the private sector and export credit agencies Professional Associations International Organizations Non-Governmental Organizations XI. ADB, Dams, and Development XII. References Contact Us

Emerging policies in the private sector and export credit agencies

Over the past five years, major initiatives have been taken by the private sector and the export credit agencies to harmonize their social and environmental policies in regard of their involvement in infrastructure projects.

In the case of private sector financing institutions, a large number of banks and others have signed up to the Equator Principles, thereby linking their approach to environmental and social assessment to the policies of the International Finance Corporation for project finance of more than $50million.

In 2003, Export Credit Agencies agreed to strengthen their common approaches to environmental policies.

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