INTERNATIONAL FINANCE CORPORATION'S EQUATOR PRINCIPLES
Early day motion 1122, tabled 1 May 2003 by Tony Colman (Labour). Signed by 27 members.
That this House welcomes the International Finance Corporation's social and environmental guidelines for project finance in emerging markets; commends the major banks that have supported these Equator Principles; and calls on Her Majesty's Government to support the initiative and encourage other major banks to also commit to financing only those projects which meet sufficiently high environmental and human rights standards.
Signatures by party: Labour 19, Labour/Co-operative 3, Liberal Democrat 3, Plaid Cymru 2.