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New Financiers and the Environment

New Report Shows Ten Perspectives on How Financial Institutions Can Protect the Environment
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Banks
By International Rivers | Berkeley, May 15 2008
Financial institutions from countries such as China, Brazil, India and Thailand are playing an increasingly active role in financing infrastructure and mining projects around the world.

For example, since 2007 with ICBC, Bank of China and China Construction Bank three out of the ten biggest banks by market capitalization come from China.  Although they invest in environmentally sensitive sectors, many emerging financiers do not yet apply internationally accepted standards in their projects.

The new report discusses the experience with environmental standards and how it can be useful for new financiers. It brings together experiences and perspectives of civil society, financial institutions, and academics from developing and industrialized countries.  Ten authors present case studies of overseas projects funded by Chinese, Indian and Thai financiers, and analyze the experience with environmental standards which could be applied by these financiers.

The report is available for download (in English and Chinese) and from nicole@internationalrivers.org

contact

For further information contact:
Peter Bosshard and Nicole Brewer
Tel. +1 510 848 1155.

International Rivers Website

Bank of China
Bank of China is one of China's Big Four joint-stock commercial banks. Bank of China offers commercial banking, investment banking, insurance, asset management, aircraft…
China Construction Bank
China Construction Bank (CCB) is a leading commercial bank in China providing a comprehensive range of commercial banking products and services. CCB's business consists of…
ICBC
ICBC (Industrial and Commercial Bank of China) is a joint-stock commercial bank based in the People's Republic of China.  Founded in 1984, ICBC overtook Citi to become…
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