IFC’s Environmental Risk Management (ERM) Program for the financial sector in Bangladesh, leveraged IFC’s global expertise and knowledge of the IFC Performance Standards and other broader sustainability issues. IFC’s Performance Standards (PSs) had evolved into a global E&S risk management framework for development and private sector financial institutions (FIs). The ERM Program in Bangladesh aimed to support the banking regulator, commercial banks and other stakeholders to increase awareness, build capacity, and improve practices on E&S sustainability.
MSL reviewed the ERM guidelines, credit rating systems and integration of ERM guidelines, conduct stakeholder meetings and provided input to the final review report.
Timeframe: April 2014 - December 2015
Realated Countries: Bangladesh
Client(s): Bangladesh Bank, IFC
Categories: Environment and Climate Change, Research and Study