Green Loan Quick Assessment
As part of a “Green Loan Quick Assessment” with a financial institution in Bangladesh, the Environmental and Social Risk Management (ESRM) Policy of the institution was reviewed to determine whether the existing Environmental and Social Management System (ESMS) is in line with DEG E&S standards. This included the following tasks:
- Review of the current ESMS procedures, documents, checklists and tools;
- review of portfolio to determine the portfolio’s level of E&S risk;
- review of Credit Risk Management procedures and current integration of ESMS into the Client’s operations, including into the Client’s Management Information System (MIS);
- development of recommendations to revise the ESMS to align it with DEG’s E&S standards.