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HSBCThe WCD Framework and Investment in Large Dams
In May 2005, HSBC was the first private bank to adopt the decision–making framework of the World Commission on Dams. In July, International Rivers and BankTrack called on more than 80 banks in 17 countries to follow the example of HSBC and adopt the WCD recommendations. What follows is the NGO letter to the banks.
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International Rivers Welcomes New Water Policy from Major International BankHSBC, one of the world’s largest banks, announced a new freshwater policy at their Annual General Meeting in London today. The policy prohibits lending for dams that do not comply with the recommendations of the World Commission on Dams. Related content:
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