The guidance contains practical advice for navigating ESG diligence and compliance.
By James R. Barrett, Paul A. Davies, Michael D. Green, Bobbi-Jo B. Dobush, and Jacqueline J. Yap*
On June 19, 2020, the Equator Principles Association (EPA) issued Guidance on Implementation of the Equator Principles During the Covid-19 Pandemic, as prepared by Ramboll (Guidance).
The 24-page Guidance provides lenders and borrowers with direction on how to address COVID-19-related issues in all aspects of project development and financing. The Guidance contains critical information that must be taken into account in any pending or planned project financings subject to the Equator Principles (EPs).
On 18 November 2019, the Equator Principles Association (EP Association) adopted the most recent iteration of the Equator Principles (EPs), the fourth version of the EPs that has been released since their inception in 2003 (