According to the IFC, the program is designed to address the key regulatory and market constraints for the uptake of sound ESG standards by banks (i.e. lack of capacity and knowledge, banking sector specific ESG guidelines and market level support and training). The level of ESG capacity is nascent and the focus of the program is on developing a basic market level understanding of ESG and developing ESG guidelines. Full market level adoption of ESG risk management is not expected within the life the project. The program’s components are:
Component 1 Regulatory Level: ESG Guideline Development
Component 2 Market Level: Sector-wide and consultant training
Component 3 Firm Level: ESG support to IFC pre-pipeline, pipeline, upstream and clients
No contacts available at the time of disclosure.
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org