IFC launch new website for the Environmental and Social Risk Management Program (ESRM) in Africa
10 September 2019
The ESRM program was developed by IFC with the support the Swiss State Secretariat for Economic Affairs (SECO) and other donors, to increase the uptake of Environmental and Social (E&S) standards by Financial Institutions (FIs) operating in Sub-Saharan Africa. The project supports the regulator in the development and implementation of E&S regulations and guidance for financial institutions.
The ESRM Program also provides local capacity building for E&S specialists and practitioners (both banking professionals and consultants) and supports Financial Institutions in improving their E&S risk management systems which increases the percentage of their lending portfolio screened/appraised against good E&S management standards.
More info at the ESRM Africa website: https://www.esrmafrica.org/