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	<title>Risky Business</title>
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	<link>http://riskybusiness.wordpress.com</link>
	<description>Managing Reputational Risk in Project Finance by Rachael Bailey</description>
	<lastBuildDate>Mon, 07 Nov 2011 14:34:51 +0000</lastBuildDate>
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		<title>Risky Business</title>
		<link>http://riskybusiness.wordpress.com</link>
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		<item>
		<title>Equator Principles &#8211; largest ever Annual Meeting &amp; EPIII Update</title>
		<link>http://riskybusiness.wordpress.com/2011/11/07/equator-principles-ep-association-held-its-largest-ever-annual-meeting/</link>
		<comments>http://riskybusiness.wordpress.com/2011/11/07/equator-principles-ep-association-held-its-largest-ever-annual-meeting/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 14:30:56 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=199</guid>
		<description><![CDATA[The Equator Principles (EP) Association held its largest ever Annual Meeting on 24 October 2011 in Washington DC, with 98 persons from 52 institutions in attendance. Equator Principles Financial Institutions and Associates discussed and debated numerous important topics related to the EP III Update process. Members heard proposals from Task Forces and Working Groups, who [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=199&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<item>
		<title>Start of the Equator Principles III Update Process</title>
		<link>http://riskybusiness.wordpress.com/2011/08/18/the-equator-principles-association-announces-the-commencement-of-the-ep-iii-update-process/</link>
		<comments>http://riskybusiness.wordpress.com/2011/08/18/the-equator-principles-association-announces-the-commencement-of-the-ep-iii-update-process/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 20:48:52 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=194</guid>
		<description><![CDATA[On the 18th July 2011 the EP Association announced the Commencement of the EP III Update Process: Following the conclusion of the IFC Performance Standards Update and Review process, the Equator Principles (EP) Strategic Review process, the EP Association has initiated internal discussions on key thematic areas including: Scope of the EPs. Reporting and transparency. Governance issues, including membership criteria. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=194&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2011/08/18/the-equator-principles-association-announces-the-commencement-of-the-ep-iii-update-process/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>New Environmental Impact Assessment Regulations 2011</title>
		<link>http://riskybusiness.wordpress.com/2011/08/18/new-environmental-impact-assessment-regulations-2011/</link>
		<comments>http://riskybusiness.wordpress.com/2011/08/18/new-environmental-impact-assessment-regulations-2011/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 20:28:58 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=190</guid>
		<description><![CDATA[On 24 August the Environmental Impact Assessment Regulations 2011 (which replace the EIA Regulations 1999) will come into effect. &#160; The main changes in the new Regulations: 1. They are consolidated Regulations so from 24th August practitioners will only need to refer to this one set of Regulations for planning related EIA in England rather [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=190&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2011/08/18/new-environmental-impact-assessment-regulations-2011/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">riskybusiness</media:title>
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		<item>
		<title>New Governance Rules Introduced For The Equator Principles</title>
		<link>http://riskybusiness.wordpress.com/2010/11/10/new-governance-rules-introduced-for-the-equator-principles/</link>
		<comments>http://riskybusiness.wordpress.com/2010/11/10/new-governance-rules-introduced-for-the-equator-principles/#comments</comments>
		<pubDate>Wed, 10 Nov 2010 21:22:02 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=184</guid>
		<description><![CDATA[In July 2010 the Equator Principles website announced that &#8216;The Equator Principles (EPs), the leading voluntary standard for managing social and environmental risk in project financing, will formally adopt new Governance Rules from 1 July 2010, the result of several years’ intensive work by the Equator Principles Financial Institutions (EPFIs). The Governance Rules (&#8220;the Rules&#8221;), [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=184&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2010/11/10/new-governance-rules-introduced-for-the-equator-principles/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Incorporating Environmental and Social considerations into Loan Documentation &#8211; New Guidance for Equator Principles Financial Institutions</title>
		<link>http://riskybusiness.wordpress.com/2009/08/14/guidance-for-equator-principles-financial-institutions-on-incorporating-in-incorporating-environmental-and-social-considerations-into/</link>
		<comments>http://riskybusiness.wordpress.com/2009/08/14/guidance-for-equator-principles-financial-institutions-on-incorporating-in-incorporating-environmental-and-social-considerations-into/#comments</comments>
		<pubDate>Fri, 14 Aug 2009 13:04:14 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[Project Finance]]></category>
		<category><![CDATA[Equator Principles]]></category>
		<category><![CDATA[Sustainable Finance]]></category>
		<category><![CDATA[Environmental finance]]></category>
		<category><![CDATA[Responsible Project Financing]]></category>
		<category><![CDATA[Credit Risk Management]]></category>
		<category><![CDATA[Financial Institutions]]></category>
		<category><![CDATA[Ethical Lending]]></category>
		<category><![CDATA[Ethical Finance]]></category>
		<category><![CDATA[responsible finance]]></category>
		<category><![CDATA[PFI]]></category>
		<category><![CDATA[banking ethics]]></category>
		<category><![CDATA[Best Practice]]></category>
		<category><![CDATA[Environmental and social due diligence]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=175</guid>
		<description><![CDATA[A new guidance document &#8216;Guidance on incorporating environmental and social considerations into project finance loan documentation&#8221; has been released which can be expected to provide Equator Principles Financial Institutions with valuable advice on how to ensure the Equator Principles are applied to the projects they finance. The loan documentation is a key document for ensuring the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=175&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2009/08/14/guidance-for-equator-principles-financial-institutions-on-incorporating-in-incorporating-environmental-and-social-considerations-into/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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		<title>New Climate Principles for Financial Institutions</title>
		<link>http://riskybusiness.wordpress.com/2008/12/30/new-climate-principles-for-financial-institutions/</link>
		<comments>http://riskybusiness.wordpress.com/2008/12/30/new-climate-principles-for-financial-institutions/#comments</comments>
		<pubDate>Tue, 30 Dec 2008 14:26:24 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[Climate change]]></category>
		<category><![CDATA[Corporate Responsibility]]></category>
		<category><![CDATA[Credit Risk Management]]></category>
		<category><![CDATA[Financial Institutions]]></category>
		<category><![CDATA[Sustainable Finance]]></category>
		<category><![CDATA[Sustainable Investment]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=162</guid>
		<description><![CDATA[On the 4th December 2008, five leading financial institutions signed up to the Climate Principles, new guidelines developed to deal with the risks and opportunities posed by climate change. The initial take-up was not as wide as hoped, possibly due to the financial crisis. However, Banks Crédit Agricole, HSBC, Standard Chartered, and reinsurers Swiss Re [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=162&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/12/30/new-climate-principles-for-financial-institutions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>New EBRD Performance Requirements</title>
		<link>http://riskybusiness.wordpress.com/2008/09/22/new-ebrd-performance-requirements/</link>
		<comments>http://riskybusiness.wordpress.com/2008/09/22/new-ebrd-performance-requirements/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 14:13:06 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[EBRD]]></category>
		<category><![CDATA[EIA]]></category>
		<category><![CDATA[finance ethics]]></category>
		<category><![CDATA[IFC]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=135</guid>
		<description><![CDATA[The European Bank for Reconstruction and Development (EBRD) new environmental and social policy was approved on 12 May 2008. The policy has more explicit social provisions. In some areas, the EBRD’s requirements exceed IFC’s requirements. This includes EBRD’s reference to obtain a “consent” where operations are located in areas with indigenous populations. Reflecting its membership, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=135&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/09/22/new-ebrd-performance-requirements/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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		<title>EIA Reserve Matters</title>
		<link>http://riskybusiness.wordpress.com/2008/09/22/eia-reserve-matters/</link>
		<comments>http://riskybusiness.wordpress.com/2008/09/22/eia-reserve-matters/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 13:49:50 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[EIA]]></category>
		<category><![CDATA[Environmental Impact]]></category>
		<category><![CDATA[Environmental Risk]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=152</guid>
		<description><![CDATA[The amended EIA regulation came into force on the 1st September 2008. These Regulations amend the Town and Country Planning (Environmental Impact Assessment) (England and Wales) Regulations 1999 (the 1999 Regulations&#8221;) so that they apply to applications for subsequent approval of matters under conditions attached to planning permissions. In 2006, the House of Lords and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=152&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/09/22/eia-reserve-matters/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>China drafts environmental guidelines for firms investing abroad</title>
		<link>http://riskybusiness.wordpress.com/2008/09/16/china-drafts-environmental-guidelines-for-firms-investing-abroad/</link>
		<comments>http://riskybusiness.wordpress.com/2008/09/16/china-drafts-environmental-guidelines-for-firms-investing-abroad/#comments</comments>
		<pubDate>Tue, 16 Sep 2008 11:29:44 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Project Finance]]></category>
		<category><![CDATA[Equator Principles]]></category>
		<category><![CDATA[Sustainable Finance]]></category>
		<category><![CDATA[NGO]]></category>
		<category><![CDATA[Corporate Responsibility]]></category>
		<category><![CDATA[Environmental finance]]></category>
		<category><![CDATA[Environmental Risk]]></category>
		<category><![CDATA[Environmental Policies]]></category>
		<category><![CDATA[Responsible Project Financing]]></category>
		<category><![CDATA[Extractive Industries]]></category>
		<category><![CDATA[Credit Risk Management]]></category>
		<category><![CDATA[Climate change]]></category>
		<category><![CDATA[Environmental and social governance]]></category>
		<category><![CDATA[Asia environmental risk]]></category>
		<category><![CDATA[Oil and gas]]></category>
		<category><![CDATA[Ethical Lending]]></category>
		<category><![CDATA[Ethical Finance]]></category>
		<category><![CDATA[responsible finance]]></category>
		<category><![CDATA[banking ethics]]></category>
		<category><![CDATA[finance ethics]]></category>
		<category><![CDATA[Best Practice]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=147</guid>
		<description><![CDATA[China is drafting environmental guidelines for companies investing in or providing economic aid to overseas countries.  The work is being undertaken by the Chinese Academy for Environmental Planning (CAEP), in cooperation with the Global Environmental Institute (GEI) and the University of International Business and Economics. The first draft is now being discussed, the GEI said. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=147&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/09/16/china-drafts-environmental-guidelines-for-firms-investing-abroad/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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		<title>Are PPP’s good at CSR?</title>
		<link>http://riskybusiness.wordpress.com/2008/07/28/are-ppp%e2%80%99s-good-at-csr/</link>
		<comments>http://riskybusiness.wordpress.com/2008/07/28/are-ppp%e2%80%99s-good-at-csr/#comments</comments>
		<pubDate>Mon, 28 Jul 2008 12:19:40 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=144</guid>
		<description><![CDATA[This paper argues that the Public-Private Partnerships (PPP) are not always consistent with CSR and calls for an ethical code of practice to enhance PPP’s responsibility. Key points include: In a PPP, if the shareholders of a parent company, who would have benefited if things had gone well, are legally under no obligation to do [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=144&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/07/28/are-ppp%e2%80%99s-good-at-csr/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>West African Sustainable Finance UNEP Event</title>
		<link>http://riskybusiness.wordpress.com/2008/07/15/west-african-sustainable-finance-event/</link>
		<comments>http://riskybusiness.wordpress.com/2008/07/15/west-african-sustainable-finance-event/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 09:27:42 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>
		<category><![CDATA[UNEP]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=139</guid>
		<description><![CDATA[Over 90 financial service executives from West Africa gathered in Lagos to celebrate the new financial successes that the region has enjoyed over the past few years in an event hosted by UNEP FI’s African Task Force (ATF) and Citigroup, and co-sponsored by Oceanic Bank and Bank of Industry. The involvement of bankers, asset managers, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=139&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/07/15/west-african-sustainable-finance-event/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">riskybusiness</media:title>
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		<title>Equator Principles Celebrate Five Years of Positive Environmental Impact and Improved Business Practices</title>
		<link>http://riskybusiness.wordpress.com/2008/05/21/equator-principles-celebrate-five-years-of-positive-environmental-impact-and-improved-business-practices/</link>
		<comments>http://riskybusiness.wordpress.com/2008/05/21/equator-principles-celebrate-five-years-of-positive-environmental-impact-and-improved-business-practices/#comments</comments>
		<pubDate>Wed, 21 May 2008 17:15:31 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=138</guid>
		<description><![CDATA[On May 8th sixty of the world’s leading financial institutions marked the fifth anniversary of the Equator Principles (EPs), voluntary standards for financial institutions to manage environmental and social risk in their project finance transactions. The EPs have become the global standard for project finance and have transformed the funding of major projects globally. In [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=138&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/05/21/equator-principles-celebrate-five-years-of-positive-environmental-impact-and-improved-business-practices/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>EBRD 2008 Environmental and Social Policy</title>
		<link>http://riskybusiness.wordpress.com/2008/05/15/ebrd-2008-environmental-and-social-policy/</link>
		<comments>http://riskybusiness.wordpress.com/2008/05/15/ebrd-2008-environmental-and-social-policy/#comments</comments>
		<pubDate>Thu, 15 May 2008 15:36:17 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[Environmental and social governance]]></category>
		<category><![CDATA[finance ethics]]></category>
		<category><![CDATA[Social risk]]></category>
		<category><![CDATA[Sustainable Finance]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=137</guid>
		<description><![CDATA[The 2008 Environmental and Social Policy is a key document of the Bank which details the commitments of the agreement establishing the Bank particularly for the &#8220;promotion of environmentally sound and sustainable development&#8221;. The 2003 Environmental Policy has been revised in order to reaffirm and strengthen these commitments and also to enhance commitments to social [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=137&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://riskybusiness.wordpress.com/2008/05/15/ebrd-2008-environmental-and-social-policy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>EBRD Publishes Public Information Policy</title>
		<link>http://riskybusiness.wordpress.com/2008/05/15/ebrd-publishes-public-information-policy/</link>
		<comments>http://riskybusiness.wordpress.com/2008/05/15/ebrd-publishes-public-information-policy/#comments</comments>
		<pubDate>Thu, 15 May 2008 15:33:40 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[banking ethics]]></category>
		<category><![CDATA[Best Practice]]></category>
		<category><![CDATA[EBRD]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[finance ethics]]></category>
		<category><![CDATA[Financial Institutions]]></category>
		<category><![CDATA[responsible finance]]></category>
		<category><![CDATA[Responsible Project Financing]]></category>
		<category><![CDATA[Social Impact]]></category>
		<category><![CDATA[socially responsible investing]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=136</guid>
		<description><![CDATA[The new EBRD Public information policy (PIP) was approved on the 12th May. It sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. At the same time, the PIP establishes clear lines of demarcation to distinguish information which [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=136&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Engineers Against Poverty provides practical guidance to oil, gas and mining companies on local enterprise development</title>
		<link>http://riskybusiness.wordpress.com/2008/04/29/engineers-against-poverty-provides-practical-guidance-to-oil-gas-and-mining-companies-on-local-enterprise-development/</link>
		<comments>http://riskybusiness.wordpress.com/2008/04/29/engineers-against-poverty-provides-practical-guidance-to-oil-gas-and-mining-companies-on-local-enterprise-development/#comments</comments>
		<pubDate>Tue, 29 Apr 2008 10:10:11 +0000</pubDate>
		<dc:creator>Rachael Bailey</dc:creator>
				<category><![CDATA[Best Practice]]></category>
		<category><![CDATA[Extractive Industries]]></category>
		<category><![CDATA[finance ethics]]></category>

		<guid isPermaLink="false">http://riskybusiness.wordpress.com/?p=134</guid>
		<description><![CDATA[EAP has produced an eight-page briefing note to guide oil, gas and mining (OGM) companies on how they can maximise the contribution of local enterprises to the supply chain of their projects in low income countries. The document was produced with the support and assistance of the International Finance Corporation (IFC) PENSA Program in Indonesia.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=riskybusiness.wordpress.com&amp;blog=40390&amp;post=134&amp;subd=riskybusiness&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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