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CSBP in project finance and engineering While our focus thus far has been on extractive industries, the financial and engineering sectors also have an important part to play in preventing conflict. We are now beginning to work with financial institutions (private sector banks and insurers, public sector lending agencies) who invest in countries affected by conflict and engineering companies so that they become more aware of their impact on conflict and the role that they can play in building peace. Currently, our research on the role of financial institutions and engineering companies’ operations in conflict zones has been documented in the following publications: Conflict-sensitive project finance: Better lending practice in conflict-prone states (published September 2006) Conflict-sensitive business practice: Engineering contractors and their clients (published with Engineers Against Poverty, September 2006) Conflict and Project Finance: exploring options for the better management of conflict risks (a background paper)
Our partners, Engineers against Poverty is a UK based international development NGO committed to producing practical policies and innovative solutions to support the alleviation and eventual ending of world poverty. Together with EAP we have produced a guidance note for engineering clients and contractors working in conflict zones. You can download a copy by following this link. Click
here to visit their website (website will open in a new window). The Institute for International Sustainable Development and the United Nations Environment Programme have recently published a paper that explores opportunities for financial institutions to manage interactions between finance and conflict. Click here to see it (this will open in a new window).
Last updated: September 2006 |
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