Standard-setting by International Financial Institutions
This chapter offers an assessment of the international environmental standards utilized by international financial institutions to review private companies' projects eligibility for funding and to set conditions in loan agreements. It further explores the extent to which these standards are based on international environmental law, and the extent to which they are expected to be taken into account directly by private companies. The chapter focuses in particular on the most recent environmental Performance Standards launched in early 2006 by the International Finance Corporation (IFC), which clearly defined the standards for the environmentally acceptable conduct of private companies in accordance with specific international environmental treaties and initiatives.
Keywords: International Finance Corporation, standards, loan agreements, biodiversity, pollution
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .