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Max Planck Encyclopedia of Public International Law [MPEPIL]

Equator Principles

Silvina S González Napolitano

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 26 June 2019

Economic, social, and cultural rights — Corporations — Sustainable development — Cultural property / heritage

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

1 The Equator Principles: A Financial Industry Benchmark for Determining, Assessing and Managing Environmental and Social Risk in Projects (‘The Equator Principles’) are a set of voluntary guidelines adopted in 2003 by a group of leading private banks and financial institutions ( Corporations in International Law ) in order to ensure that new significant projects financed or advised by them are developed in a socially and environmentally responsible manner. The principles respond to the need, claimed for years by non-governmental organizations (‘NGOs’;...
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