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Promoting Environmental and Social Standards in the Financial Sector


  • Program Environment
  • Program Area Transforming Development Finance
  • Grant Amount $250,000
  • Grant Period June 1, 2010–May 31, 2012
  • Location Sassenberg, Germany
  • Geographic Focus World

About this grant

This grant will support Urgewald’s efforts to establish strong, binding environmental and social standards for international financial institutions and to garner ongoing public support for responsible and accountable financial institutions. To achieve these goals, the grantee undertakes research, education, and advocacy efforts with a global network of local communities, nongovernmental organizations, and other partners. This grant will support the grantee’s assistance to nongovernmental organizations from developing and transition countries where German companies and banks are involved; policy advocacy efforts to ensure progressive German policies and decisions within the multilateral development banks; oversight of Germany’s export credit agency and other similar government-backed financial instruments; and dialogues with private banks on developing progressive policies and practices.