The IFC is updating the Equator Principles, but will the new rules achieve more than is already being done? And has Equator been hijacked by PR-hungry commercial lenders? Tania Madha talks Equator policy with executive vice president of the IFC Peter Woicke.
The signatories to Equator have taken a lot of flak ? at worst being accused of a cynical PR exercise. But if there is no obvious change, is more change needed or is the Equator effect in banking practice detail? Michel Anastassiades, global head of project finance and Eric Cochard, in charge of implementation at Calyon give one Equator bank's perspective.