ESRM Environmental & Social Risks Management Program is a very important – and often the first – step for a Financial Institution to actively promote sustainability.
Our ESRM technical assistance program is supporting National Development Banks (NDBs) in LAC in the design and implementation of ESMS Environmental & Socials Risks Managements Systems with a specific methodology that has proven successful.
Our support is being applied to one or all of the steps in the process: from institutional capacity building to the actual design of a Financial Institution's own ESMS, up to the design of on-line internal training tools.
The program is available for any country in the region and any public financial institution or agency.
NDBs play a unique role in promoting sustainability. Due to their public mandate and contribution to the local credit markets, NDBs are best positioned to support sustainable and low-carbon investments, and to effectively leverage private capital for those projects.
Many NDBs in our region have acted as pioneers in promoting sustainability in their respective countries and for most of those pioneers, the management of environmental and socials risks in their portfolios was the first step in their transition.
Implementing an ESMS has many and diverse co-benefits: the ability to attract international funding or the identification of new business opportunities.
The program also embeds a strong dissemination of knowledge component: through many different channels such as this platform, publications, videos or the many events we organize each year, we make sure that all our beneficiaries’ experiences and best practices are available for replication and that the program many outcomes are available to all.
Another powerful dissemination tool is the organization of ad-hoc exchanges of experiences and best practices between FIs.