The main objective of the workshop was to provide a platform for the exchange of knowledge about the implementation and successful operation of environmental and social risk management systems (ESMS), seen from difference perspectives (first and second tier banks, commercial and development banks), as well as the tools, instruments and other technical resources available, whose use has resulted in obtaining robust and reliable analysis of environmental and social risks management system usually faced by the financial sector. Those banks that have persisted, incorporated and improved the environmental and social risk management analysis have managed not only to improve their risk profile into their portfolio and access to new sources of internal and external funding, but also convert many of those risks into new business opportunities, which, besides contributing to climate change mitigation, in some cases, has resulted in the development of innovative financial strategies and instruments in their respective credit markets.
DATE: July 24 to 25, 2012
LOCATION: Montevideo, UruguayORGANIZERS:
- ["ALIDE, Banco Republica (BROU), IDB"]