Red Line | Text of policies | Comments | Score |
---|---|---|---|
Regulatory requirements | |||
Ensure Legality | White Paper 2016: The Bank requires that loan projects comply with the environmental protection policies, laws and regulations of China and the host countries, and obtain necessary approval from relevant authorities, while completely following the review and approval procedures. If the environmental protection mechanism in a host country is flawed – lacks an environmental and social impact assessment policy or standards – the Bank will review relevant projects with reference to the Chinese standards or international norms. In accordance with the Green Credit Guidelines and Key Rating Indicators for Green Credit Implementation of the China Banking Regulatory Commission (CBRC), as well as with relevant governmental policies and regulations, the Bank formulated its own green credit guidelines in 2015. | All projects should comply with national laws. International norms may be applied, but not necessarily. | partly |
No Corruption and Tax Evasion | No publicly available policies or documentation were found that cover this criteria. | not | |
Ensure ESIA for mills and plantations | White Paper 2016 In 2007, the Bank formulated the guiding opinions on environmental and social impact assessment of loan projects, becoming the first to require in writing that environmental information should be one of the basic references for loan approval. Guidance on Environmental and Social Assessment of China Exim Bank Loan Project Article 4 In reviewing loans, the Export-Import Bank of China shall consider social benefits and environmental protection requirements in addition to the economic benefits of the loan projects. Art 10.For projects that have not passed the environmental protection approval of the competent national environmental protection department, the Export-Import Bank of China does not provide credit support. Art 12 The evaluation of overseas projects shall comply with the following principles: (1) Environmental impact assessment shall be conducted during pre-loan investigation and review during the loan, and environmental impact shall be monitored during post-loan management. | The bank requires has a policy that requires ESIAs to be made, but it does not require thes to be publicly disclosed | partly |
Social requirements | |||
Ensure FPIC | No publicly available policies or documentation were found that cover this criteria. | not | |
Respect Human Rights | No publicly available policies or documentation were found that cover this criteria. | not | |
Respect Indigenous rights and customary land use rights | No publicly available policies or documentation were found that cover this criteria. | not | |
No forced resettlement | No publicly available policies or documentation were found that cover this criteria. | not | |
Environmental Requirements | |||
No forest degradation and deforestation | No publicly available policies or documentation were found that cover this criteria. | not | |
Protect endangered species | No publicly available policies or documentation were found that cover this criteria. | not | |
No high-risk species | No publicly available policies or documentation were found that cover this criteria. | not | |
No fire | No publicly available policies or documentation were found that cover this criteria. | not | |
Protect peat | No publicly available policies or documentation were found that cover this criteria. | not | |
No persistent pollution | YR 2017: It continued to support projects in (...) pollution prevention and treatment, Guidance on Environmental and Social Assessment of China Exim Bank Loan Project Art. 8. For investment projects that belong to the national restricted category, the existing projects and incremental projects are treated differently, and credit support is not provided for the incremental projects of the restricted category. Art 9. Pollutant emission and energy consumption standards refer to industry standards and specifications issued by relevant national departments. | The bank controls pollution, but has no public criteria on pollution issues. | partly |
Corporate association / scope of the policy | |||
Corporate association / scope of the policy | No publicly available policies or documentation were found that cover this criteria. | not |