ADFIAP and the Geneva-based United Nations Environment Programme’s Finance Initiative (UNEP FI) jointly organized the “Training Workshop on Environmental and Social Risk Management in Lending and Investment Process” on October 27, 2009 at the Dusit Thani Manila, Philippines. The event was attended by 53 participants from various financial institutions and organizations from the Philippines and abroad.

The objective of the seminar is to bring financial institutions up to speed regarding the environmental and social risks involves in lending and investing projects as a consequence of the activities of their clients; guide them through strategies and tools to detect, evaluate and mitigate these environmental and social risks; and explore next steps in terms of promoting the efficient implementation of E & S risk analysis in the financial sector.

The event was graced by Hon. Alfredo C. Antonio, a member of the seven-man Monetary Board of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines). The other speakers during the event included Mr. Ben Ridley, Regional Head of Sustainability Affairs for the Asia Pacific region at Credit Suisse; Melissa Makwarimba, An independent consultant based in Zimbabwe who has over 15 years experience advising and building the capacity of public and private sector organizations, and Ms. Corazon D. Conde, Group Head of ADFIAP Consulting and a certified C3 Trainer and Bank Coach of GTZ.