EN­VI­RON­MENT & SO­CIAL RISK MAN­AGE­MENT

For Banks and Fi­nan­cial In­sti­tu­tions

Down to Earth - - NEWS -

In­dian banks and fi­nan­cial in­sti­tu­tions are con­sid­ered the pil­lars of eco­nomic growth. They have im­mense po­ten­tial to in­flu­ence en­vi­ron­men­tal sus­tain­abil­ity and bridge the gaps be­tween de­vel­op­ment and en­vi­ron­men­tal degra­da­tion through their project fi­nanc­ing. How­ever, in re­cent years, this sec­tor has faced dif­fi­cult times due to grow­ing num­bers of Non-Per­form­ing As­sets (NPAs) or bad loans. One of the fac­tors re­spon­si­ble for this is in­ad­e­quate En­vi­ron­ment and 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. CSE’s Anil Agar­wal En­vi­ron­ment Train­ing In­sti­tute in­vites ap­pli­ca­tions for its 2-days train­ing pro­gramme fo­cus­ing on E&S risks man­age­ment. The pro­gramme 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.

What will the train­ing pro­gramme teach:

1. Is­sues and chal­lenges in adopt­ing an E&S risks man­age­ment frame­work 2. Learn­ing from case stud­ies 3. Ap­pli­ca­ble en­vi­ron­men­tal and so­cial poli­cies for project lend­ing 4. How global and mul­ti­lat­eral banks are man­ag­ing E&S risks 5. Ap­proach and frame­work for po­ten­tial E&S risks iden­ti­fi­ca­tion in large in­fra­struc­ture projects and SMEs 6. Roadmaps for main­stream­ing E&S risks in project fi­nanc­ing

Anil Agar­wal En­vi­ron­ment Train­ing

In­sti­tute (AAETI) is a learn­ing, train­ing and in­no­va­tion cen­tre that is de­signed to find so­lu­tions to some of the most press­ing prob­lems of en­vi­ron­ment and de­vel­op­ment faced by coun­tries of the Global South. AAETI is an ini­tia­tive of Cen­tre for Sci­ence and En­vi­ron­ment (CSE), one of In­dia’s front-rank­ing in­de­pen­dent pub­lic re­search, com­mu­ni­ca­tion and ad­vo­cacy in­sti­tu­tions.

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