Financial sectors constitute a continuum growth of economy. BFIs have immense potential to influence environment sustainability and bridge the gaps between development and environmental degradation trhough their project financing. However, financial sector faced hard times due to the growing numbers of Non-performing Assets (NPAs) and defaults. Needless to say, one of the factors responsible for this is inadequate Environment & Social (E&S) risks management.
Potential E&S risks, if not managed at the early stages of project financing, may result in disruption, delay or stoppage of a project due to people’s protests, environmental bottlenecks and judicial intervention. This puts the investment at risk, and can severely damage the reputation of banks. Environmental and social (E&S) risks to financial institutions stem from E&S issues related to their client's/investee's operations. Considering these risks in the transaction review process helps financial institutions in reducing overall risk exposure.
Banks & Financial Institutions are there, for invited for one and half day training program focusing on E&S risks management. The program will help its participants understand the various E&S risks associated with commercial lending, and will guide the lenders in developing an effective internal E&S policy framework.
