COMPARATIVE ANALYSIS OF METHODOLOGIES FOR ENVIRONMENTAL AND SOCIAL RISK MANAGEMENT IN LENDING APPLIED BY INTERNATIONAL FINANCIAL INSTITUTIONS
Virginia I. Zhelyazkova
Pages: 617-624
Published: 1 Jun 2014
Views: 3,488
Downloads: 862
Abstract: More and more banking institutions face the need to do environmental risk management in their lending portfolios. Since this is comparatively new practice for them, they need to draw from the experience of international financial institutions. Currently there are some methodologies applied for the purpose - among which the one has been developed by the European Bank for Reconstruction and Development, the other - by the International Financial Corporation, and a few others exist. The current paper aims at comparing the methodologies applied the most and drawing conclusions regarding their differences and applicability. This is considered important for the smoother applicability of the methodologies by the financial institutions – once they can differentiate between the specificities of the methodologies, they would be in a position to select the most appropriate one for them.
Keywords: environmental risk, financial institutions, lending
Cite this article: Virginia I. Zhelyazkova. COMPARATIVE ANALYSIS OF METHODOLOGIES FOR ENVIRONMENTAL AND SOCIAL RISK MANAGEMENT IN LENDING APPLIED BY INTERNATIONAL FINANCIAL INSTITUTIONS. Journal of International Scientific Publications: Ecology & Safety 8, 617-624 (2014). https://www.scientific-publications.net/en/article/1000139/
Back to the contents of the volume
© 2025 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.