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BSTDB Adopts a New Environmental and Social Policy
News |
23-Sep-2013
The Bank’s Board of Directors approved a revised Environmental and Social Policy, which replaces the current BSTDB Environmental Policy. The revised policy will come into effect on January 1, 2014. The revised document outlines main policy statements of BSTDB on environmental and social aspects associated with the Bank’s finance activities. The Policy defines the Bank’s approach towards integrating environmental and social considerations into the financing decision-making. Furthermore, the policy states clearly the BSTDB principles and commitments towards promoting environmental and social sustainability in member countries.