ADFIAP, in cooperation with its Sri Lankan and Thai members, DFCC Bank and TMB Bank, respectively, and in partnership with the UNEP/Wuppertal Institute Collaborating Centre on Sustainable Consumption and Production (CSCP) and the University of Leeds’ Sustainability Research Institute, and with funding support from the European Union Asia Pro-Eco Programme, held the Seminar-Workshop on Environmental Governance Standards (EGS) for Financial Institutions on October 2-7, 2006 and October 9-11, 2006 in Colombo and Bangkok, respectively.
These training events were the first two of four slated national workshops under the project. The other two national workshops will be held in Kuala Lumpur and Beijing, on November 30 to December 1 and December 5 to 6, 2006, respectively.
The EGS is an 18-month, 346, 446 Euro-grant project to support ADFIAP’s “Greening of DFIs” Project through an EU-Asia Environmental Partnership. The EGS aims to develop an Environmental Performance Monitoring Program (EPM) that comprises specialized management tools and instruments at the institutional level to benchmark their internal environmental management policies and practices against-best industry standards; and the Environmental Rating Standards for Loan Appraisal and Project Finance (ERS), a set of concrete measures for integrating environmental issues in established risk assessment procedures in lending to borrower-clients.
For more information on ADFIAP’s EGS project, please visit https://www.egs-asia.com