Equator Principles to be Expanded

The Equator Principles are a guideline for financial institutions to follow when financing projects. It's aim is to help manage environmental and social risk related to project financing.

Today, the Equator Principles Financial Institutions (EPFIs) revised the guidelines to reflect the 41 member institutions. The original EPFIs contained ten institutions when the Equator Principles were introduced three years ago.

One of the main revisions is that the principles had only been applied to projects over $50 million. The revisions lowered that figured to projects over $10 million.