5 Questions
What action may the Bank take if an operation financed by BSTDB does not make satisfactory progress towards compliance with environmental and social requirements?
Cancel the operation and/or stop further financing
When does BSTDB publicly disclose information related to non-compliance with environmental and social requirements?
At the time of financing approval
What key information is included in the Operation Summary Documents (OSDs) posted on BSTDB's website?
Potential risks and impacts of the operation
How does BSTDB manage the environmental and social implications of operations during their lifetime?
By addressing potential risks throughout the life of financing
What does the Bank's Board of Directors consider when approving operations submitted for their approval?
Environmental and social implications
Learn about the minimum environmental and social requirements that all operations financed by the Black Sea Trade and Development Bank (BSTDB) need to comply with. This includes adherence to national laws, EU regulations, and availability of necessary permits and licenses.
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