Equator Principles and Official Journal of the European Union: Difference between pages

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''Project finance - environmental and social concerns.''
The Official Journal of the European Union (OJEU) is the official gazette of record for the EU.  


OJEU is the successor to the Official Journal of the European Community (OJEC). It is often abbreviated to "OJ" where the EU context is clear.


'''''From the Equator Principles website:'''''
OJEU is only published online ("e-OJ"). Electronic editions of the OJ (e-OJ) published after 1 July 2013 have legal force ("are authentic"). The paper version no longer has legal force except when the OJ online cannot be published due to IT systems disruption.


:"The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making.
OJEU is divided into "series".


:Currently 94 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EPs, covering the majority of international project finance debt within developed and emerging markets.
[http://eur-lex.europa.eu/homepage.html EUR-Lex], European Union law, comprises the EU Legislation series ("L series") and the Information and Notices series ("C series" and its supplements) where other official documents of the EU institutions, bodies and agencies are found.


:EPFIs commit to implementing the EPs in their internal environmental and social policies, procedures and standards for financing projects and will not provide project finance or related loans to projects where the client will not, or is unable to, comply with the EPs.
The supplementary "S series" deals with European public procurement. The online version is available at [http://ted.europa.eu/TED/main/HomePage.do TED] (Tenders Electronic Daily).


:The EPs have greatly increased the attention and focus on social/community standards and responsibility, including robust standards for indigenous peoples, labour standards, and consultation with locally affected communities within the project finance market. They have also promoted convergence around common environmental and social standards. Multilateral development banks, including the European Bank for Reconstruction & Development, and export credit agencies through the OECD Common Approaches are increasingly drawing on the same standards as the EPs."
(Links in this entry are all to the parts of the official website of the European Union http://europa.eu)




==See also==
==See also==
*[[Due diligence]]
*[[European Union]]
*[[Environmental concerns]]
*[[European Bank for Reconstruction and Development]]
*[[ESG investment]]
*[[OECD]]
*[[Principles for Responsible Investment]]
*[[Project finance]]
*[[Risk management]]
*[[Social concerns]]
 
 
==External link==
[https://equator-principles.com/about/ The Equator Principles webpage]

Revision as of 10:01, 30 March 2016

The Official Journal of the European Union (OJEU) is the official gazette of record for the EU.

OJEU is the successor to the Official Journal of the European Community (OJEC). It is often abbreviated to "OJ" where the EU context is clear.

OJEU is only published online ("e-OJ"). Electronic editions of the OJ (e-OJ) published after 1 July 2013 have legal force ("are authentic"). The paper version no longer has legal force except when the OJ online cannot be published due to IT systems disruption.

OJEU is divided into "series".

EUR-Lex, European Union law, comprises the EU Legislation series ("L series") and the Information and Notices series ("C series" and its supplements) where other official documents of the EU institutions, bodies and agencies are found.

The supplementary "S series" deals with European public procurement. The online version is available at TED (Tenders Electronic Daily).

(Links in this entry are all to the parts of the official website of the European Union http://europa.eu)


See also

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