LATF INFORMATION PORTAL BIODIVERSITY & EXTRACTIVE INDUSTRIES CLEANER PRODUCTION CLIMATE CHANGE & RENEWABLE ENERGIES CORPORATE SOCIAL RESPONSIBILITY ECO-EFFICIENCY HUMAN RIGHTS INSURANCE MICROFINANCE MULTILATERAL INSTITUTIONS PROJECT FINANCE PUBLICATIONS / REFERENCE SUSTAINABILITY REPORTING SUSTAINABLE FINANCE SUSTAINABLE INVESTMENT WATER

BIODIVERSITY & EXTRACTIVE INDUSTRIES BioCAF http://www.caf.com/view/index.asp?ms=9&pageMs=8607 BioCAF es un programa adscrito a la Dirección de Medio Ambiente de la CAF y tiene como objetivo principal apoyar el desarrollo de los mercados derivados del aprovechamiento de la biodiversidad, mediante buenas prácticas ambientales y sociales. BioCAF consta de cuatro subprogramas: - Apoyo en la generación de negociaciones internacionales en comercio y medio ambiente. - Apoyo al desarrollo de mecanismos y herramientas de promoción de productos y servicios de la biodiversidad. - Generación de un marco propicio para el aprovechamiento de la biodiversidad mediante el uso de la biotecnología. - Promoción de iniciativas de conservación de ecosistemas y especies, relacionadas con operaciones CAF. Ecosystem Marketplace http://ecosystemmarketplace.net/pages/static/marketwatch.php The Katoomba Group’s Ecosystem Marketplace is the world's first online information platform for the growing international trade in ecosystem services. The initiative counts on the backing of ABN AMRO and Citigroup. Ecosystem Marketplace seeks to become the world’s leading source of information on markets and payment schemes for ecosystem services; services such as water quality, carbon sequestration and biodiversity. In its first phase the website is covering carbon-related schemes, water related markets, biodiversity-related schemes, and other conservation transactions. In the future the project aims to cover other conservation-related markets such as the markets for environmentally certified products (wood, coffee, etc.), and other, non-carbon, emissions trading markets. Extractive Industries Transparency Initiative http://www.eitransparency.org/ The EITI aims to ensure that the revenues from extractive industries contribute to sustainable development and poverty reduction. It aims to increase transparency in transactions between governments and companies within extractive industries. The UK Department for International Development (DFID) has spearheaded the initiative since 2002. The World Bank Group is actively involved because of its expertise in extractive industries and prominent role in promoting transparency Extractive industries are important in over 50 developing countries, home to some 3.5 billion people. Although a greater degree of transparency of payments is desirable in many sectors, there is a close correlation between the countries rich in natural resources and the countries with high levels of poverty. Some countries rich in oil, gas and minerals have under-performed relative to other countries without natural wealth.

Increasing transparency and knowledge of revenues will empower citizens and institutions to hold governments to account. Mismanagement or diversion of funds away from sustainable development purposes will become more difficult. It should also benefit developing and transition economies by improving the business environment, helping them to attract foreign direct investment. Responsible companies stand to benefit from a more level playing field, a more predictable business environment and better prospects for energy security. A pragmatic first step proposed by the EITI is a country level agreement setting out provisions for annual disclosure of company payments and government revenues by all parties in each country to a trusted third party, using standardised templates. The data disclosed could then be collated, aggregated where necessary and summarised into a country output report. Fondo EcoEmpresas http://www.fondoecoempresas.com/ El Fondo EcoEmpresas ofrece capital a empresas ambiental y socialmente responsables en América Latina y el Caribe. El Fondo pretende brindar capital a empresas involucradas en agricultura sostenible (incluyendo la orgánica, apicultura y acuacultura), productos no maderables del bosque, silvicultura sostenible y ecoturismo. El Fondo también incluye algunos recursos en forma de asistencia técnica para proveer servicios de asesoría empresarial a futuros clientes. Para el año 2010, el Fondo espera invertir en aproximadamente 20 pequeñas/medianas empresas que:

• Empleen prácticas ambientalmente sostenibles en sus operaciones • Brinden beneficios financieros a la comunidad y organizaciones ambientales locales • Superar rigurosas revisiones ambientales y sociales • Cumplan con los criterios de financiamiento del Fondo

Todas las empresas deberán tener un vínculo con una organización ambiental sin fines de lucro o cualquier otra organización comunitaria. Las empresas de nuestro portafolio de inversión incluyen desde aquellas nuevas creadas por organizaciones sin fines de lucro hasta compañías existentes que aportan o hacen pagos a socios conservacionistas locales. Se brindará preferencia a aquellas empresas que no sean capaces de obtener financiamiento a través de las fuentes convencionales, debido su tamaño reducido, la naturaleza innovadora de su negocio y/o el riesgo financiero involucrado. FUNBIO http://www.funbio.org.br/ O FUNBIO - Fundo Brasileiro para a Biodiversidade - é uma associação civil sem fins lucrativos criada em 1995 com o objetivo geral de complementar as ações governamentais para a conservação e o uso sustentável da diversidade biológica do país, em consonância com a Convenção sobre Diversidade Biológica (CDB), de âmbito mundial, e o Programa Nacional da Diversidade Biológica (Pronabio). Sua finalidade específica é operar um fundo para apoio financeiro e material a iniciativas associadas à conservação e ao uso sustentável da biodiversidade no Brasil, a partir dos recursos doados pelo Fundo para o Meio Ambiente Global (GEF - Global Environmental Facility), no valor aproximado de US$20 milhões. Essa doação, feita através de contrato com o Banco Mundial, teve como condicionante a constituição de um mecanismo de fomento eficiente e transparente, capaz de atrair o setor

privado como parceiro para o alcance de seus objetivos. Para isso, o aporte de recursos do GEF vem sendo complementado pela captação de recursos, a fim de garantir a continuidade do Fundo a longo prazo. O FUNBIO pode receber doações de empresas e outras instituições que tenham interesse em se associar aos esforços pela conservação da diversidade biológica e seu uso sustentável no Brasil. FUNDECOR http://www.fundecor.org/ FUNDECOR es una organización no gubernamental fundada en 1989 para proteger y desarrollar los bosques de Costa Rica localizados en la Cordillera Volcánica Central. La cobertura boscosa de este territorio es una de las más grandes de Costa Rica y comprende muchos de los Parques Nacionales del país. Desde sus inicios, el trabajo de FUNDECOR ha estado guiado por la misión de proteger los recursos naturales de las montañas centrales costarricenses y sus áreas circundantes mediante el uso de estrategias sostenibles basadas en el mercado, así como conocimientos científicos y tecnologías de punta para el mejoramiento de las políticas públicas del país en el campo de la conservación. FUNDECOR ha desarrollada y realizado unos conceptos financieros innovativos, como el pago para: - servicios ambientales (http://www.fundecor.org/transferencia/financieras.shtml) - pago de madera por adelantado (http://www.fundecor.org/transferencia/compra_es.shtml) - subastas de madera en pie (http://www.fundecor.org/transferencia/subastas_es.shtml)

Su sitio de web también incluye una lista de empresas que cuentan de madera certificada. http://www.fundecor.org/madera_cert/empresas.shtml Illegal Logging http://www.illegal-logging.info/index.php This site has been developed by the Sustainable Development Programme of the Royal Institute of International Affairs in London and aims to provide a central point of information about efforts to stem illegal forest practices and the associated trade in forest products. Information is provided related to the following themes:

- Impacts - Industry - Issues - Political Processes - Countries&Regions - Resarch

Kimberley Process Certification Scheme http://www.kimberleyprocess.com The Kimberley Process is a joint government, international diamond industry and civil society initiative to stem the flow of conflict diamonds - rough diamonds that are used by rebel movements to finance wars against legitimate governments. The trade in these illicit stones has contributed to devastating conflicts in countries such as Angola, the Democratic Republic of

Congo and Sierra Leone. The Kimberley Process Certification Scheme is an innovative, voluntary system that imposes extensive requirements on Participants to certify that shipments of rough diamonds are free from conflict diamonds. The Kimberley Process is composed of 43 Participants, including the European Community. Kimberley Process Participants account for approximately 99.8% of the global production of rough diamonds. Mining and Metals Sector Good Practice Website www.goodpracticemining.org Developed by the International Council on Mining and Metals in partnership with the UK's Department for International Development, the UN Conference on Trade and Development and the UN Environment Programme, the library is a resource for individuals and organizations implementing good practice in mining and metals operations around the world. The website contains nearly 350 items, among them good practice guidelines, standards, case studies and legislation. Users can retrieve information on a wide range of topics, including: - prospecting, mining and mine closures - metals use, processing and fabrication - biodiversity, regulation, human rights, community issues, risk management, reporting, health and safety, and materials stewardship - small-scale artisanal mining. New Ventures (World Resources Institute) http://www.new-ventures.org/ The New Ventures program of the World Resources Institute supports sustainable enterprise creation in emerging economies by accelerating the transfer of venture capital to outstanding investment opportunities that incorporate social and environmental benefits. New Ventures assists sustainable small and medium-sized enterprises (SMEs) in emerging markets in improving their business plans and strategies, leading to company growth and investment. New Ventures selects SMEs in fast-growth, environmental sectors such as ecotourism, certified wood, organic foods, renewable energy, and clean technologies. These SMEs are seeking capital in the range of $100,000 to $3 million. The program matches entrepreneurs with executive mentors and consultants to improve the enterprise's business plan to present at a New Ventures Investor Forum. After four years of operation, New Ventures entrepreneurs have attracted over $10 million in investment. In addition, New Ventures' companies are opening new markets, growing sales, and becoming leaders in their sectors. By providing sound business opportunities for investors in key emerging economies, New Ventures is demonstrating that investing in sustainable enterprise makes good business sense. The website contains information about past investor fora and a resource center which includes links to green private equity investment funds and certifiers. New Ventures Brasil http://www.new-ventures.org.br/ Programa New Ventures é uma iniciativa pioneira na América Latina que ajuda empreendimentos sustentáveis a potencializarem seu desempenho no mercado, concedendo-

lhes apoio técnico na formulação de planos de negócio e aproximando-os de investidores interessados em investimentos rentáveis, baseados em critérios de responsabilidade social e ambiental. Em operação na América Latina desde 1999, o Programa é um modelo de sucesso na promoção e apoio a empreendimentos sustentáveis e no estímulo a investimentos privados neste setor. Após três anos de atividades com dimensões regionais, o New Ventures passa, em 2004, a atuar localmente, apoiando empreendimentos, alavancando o desenvolvimento de centros de disseminação de informação e a criação de ferramentas sobre empreendedorismo sustentável nos países em que atua. Depois de China e México, o Brasil entra também na rota desta importante iniciativa. O Programa New Ventures Brasil é uma iniciativa do World Resources Institute (WRI), com sede e direção executiva do CES - Centro de Estudos em Sustentabilidade - da FGV-EAESP, em São Paulo, e com parceria do Banco ABN AMRO Real, co-idealizador da iniciativa.

New Ventures Mexico http://www.new-ventures.org.mx/ New Ventures México es el primer programa en el país destinado a catalizar el desarrollo de empresas sostenibles, al acelerar la transferencia de fondos de capital privado hacia proyectos empresariales que generen valor económico, ambiental y social. New Ventures México es un programa conjunto del World Resources Institute (www.wri.org) y el Fondo Mexicano para la Conservación de la Naturaleza (www.fmcn.org.mx), que provee de consultoría especializada, acceso a fuentes de financiamiento e inversionistas, así como otros servicios de alto valor a empresas sostenibles, en sectores como ecoturismo, productos orgánicos, energías renovables, manejo de residuos, madera certificada. New Ventures México aplica un enfoque de mercado en la solución de los problemas ambientales y sociales más importantes del país. Partiendo de la experiencia de New Ventures en Latinoamérica, que en cinco años ha contribuido a transferir alrededor de USD 9 millones a compañías líderes de la región, trabajamos en la creación y desarrollo de empresas que provean productos y servicios innovadores al tiempo que ofrezcan retornos atractivos a sus inversionistas, creen empleos y generen beneficios ambientales. Cada año, New Ventures México ofrece servicios a algunas empresas seleccionadas por un comité compuesto por líderes empresariales, financieros y del desarrollo sostenible. El modelo está enfocado a avanzar a estas empresas en el proceso de obtener inversión privada a través de 3 áreas: ▪ Consultoría en desarrollo de negocios ▪ Asesoría especializada obtención de inversión privada ▪ Enlace con inversionionistas Red de Fondos Ambientales de Latinoamérica y el Car ibe (REDLAC) http://www.redlac.org/spanish/default.asp Redlac es un grupo de organizaciones que financian acciones de conservación y uso sustentable de los recursos naturales con el propósito de lograr una nueva forma de ser que permita a la humanidad habitar este planeta en equilibrio con las demás formas de vida. Son 23 Fondos Ambientales que, como grupo, manejan aproximadamente US$ 500 millones entre fondos extinguibles, patrimoniales y revolventes y han financiado más de tres mil proyectos

a nivel regional" La misión de REDLAC es construir un sistema efectivo de aprendizaje, fortalecimiento, capacitación y cooperación a través de una Red de Fondos Ambientales con el fin de lograr una gestión ambiental sustentable, y conservar el patrimonio natural de América Latina y El Caribe para beneficio de toda su población. Objetivos : - Compartir conocimientos, experiencias, mejores prácticas y metodologías entre los Fondos Ambientales (FANs) de América Latina y el Caribe. - Conectar a los diferentes FANs entre sí a través de los diferentes medios físicos y electrónicos disponibles en un marco de cooperación interinstitucional. - Establecer relaciones estratégicas con otras redes y participar en foros internacionales. - Desarrollar un proceso sistemático y coordinado que permita aumentar y perfeccionar las capacidades y habilidades de los individuos y las instituciones en respuesta a un medio de trabajo cambiante y complejo. - Promover que los FANs desarrollen mecanismos innovadores y herramientas especializadas para conservar la naturaleza y los servicios y funciones que ésta provee. - Promover la colaboración entre los FANs y las autoridades gubernamentales para la promoción de políticas ambientales y acciones conjuntas de conservación entre países (transfronterizas). - Apoyar la operación eficaz de los FANs en temas como manejo de información, manejo financiero, captación de recursos y monitoreo y evaluación de proyectos. - Estimular a los FANs para trabajar en la construcción de sociedades más justas y sustentables. - Vincular a la comunidad de FANs con los organismos donantes como un medio de catalizar los esfuerzos globales por resolver los problemas ambientales. The Nature Conservancy (TNC) http://www.nature.org/

The Nature Conservancy is a leading international, nonprofit organization dedicated to preserving the diversity on life on Earth.

CLEANER PRODUCTION Cleaner Production http://www.cleanerproduction.com/sectors/finance.htm CleanerProduction.Com is produced by Burton Hamner, an independent consultant and visiting professor. The purpose of this site is to provide a guided entry to the best resources on the Internet for Cleaner Production, Pollution Prevention and Sustainable Business. It includes a section in the finance sector that aims to guide financial institutions as to how Cleaner Production reduces risk and increases profitability. The website includes links to further resources among others on accounting and financial analysis for Cleaner Production and other related initiatives. UNEP Cleaner Production Activities http://www.uneptie.org/pc/cp/home.htm UNEP's Cleaner Production Activities began in 1989. Activities undertaken include: Providing and Exchanging Information: UNEP produces technical manuals, such as various Cleaner Production Industry Sector Guides, and more general awareness raising publications. UNEP has also published Status Reports on Cleaner Production for almost all the regions of the world, and has recently developed a series of publications on Cleaner Production Financing. Capacity Enhancement and Technical Assistance: Among other education and training activities, UNEP has joined forces with UNIDO in a programme to establish National Cleaner Production Centres in developing countries and countries in transition. Financing Cleaner Production http://www.financingcp.org/about/about.html UNEP has also implemented a four-year project aiming at increasing investments in Cleaner Production in developing countries. The project demonstrates how such investments can be stimulated by helping financial institutions understand the importance of Cleaner Production and helping Cleaner Production experts develop creditworthy investment proposals. The web site offers: - Information on the challenges and opportunities, as well as on the main actors in financing cleaner production investments - Links to financial institutions, organisations and research institutions promoting cleaner production investments - Investment Window, featuring Success Stories and Investment Opportunities - Training and Tools that enhance skills and knowledge with the support of international experts World Bank – Pollution Prevention and Abatement Han dbook http://lnweb18.worldbank.org/ESSD/envext.nsf/51ByDocName/PollutionPreventionandAbatementHandbook The handbook promotes the concepts of sustainable development by focusing attention on the benefits - both environmental and economic -- of pollution prevention, including cleaner

production and good management techniques. Part I contains a summary of key policy lessons in pollution management, derived from practical experience inside and outside the Bank Group over the past decade. Part II presents good-practice notes on implementation of policy objectives, based on experience with the Bank Group projects and on lessons from the policies and practices of other agencies and organizations in this field. Part III provides detailed guidelines to be applied in the preparation of the Bank Group projects. It represents state-of-the-art thinking on how to reduce pollution emissions from the production process.

CLIMATE CHANGE & RENEWABLE ENERGIES CAF – Programa Latinoamericano del Carbono http://www.caf.com/view/index.asp?ms=12 El objetivo del Programa Latinoamericano del Carbono (PLAC) es facilitar e incentivar la participación e ingreso de países latinoamericanos y caribeños en el emergente mercado de Reducción de Emisiones (RE) de gases de efecto invernadero (GEI). El PLAC trabaja en las siguientes areas: Desarrollo de la Demanda Dentro de la misión de identificar y establecer oportunidades en el mercado de RE, el PLAC continua sus esfuerzos de diversificación de compradores. Un ejemplo exitoso de estas actividades es el Fondo establecido con el Gobierno de los Países Bajos. Consolidación de la Oferta El PLAC apoya proyectos individuales con potencial de Mecanismo de Desarrollo Limpio (MDL), desde la identificación de la oportunidad hasta la comercialización de las RE. El PLAC mantiene un enfoque en América Latina y el Caribe y cuenta con un portafolio de proyectos diversificado, tanto del sector publico como del privado, para su evaluación y seguimiento. El PLAC también ofrece la opción de servicios financieros complementarios, incluyendo financiamiento a proyectos que califiquen. Fortalecimiento Institucional Como parte fundamental de sus objetivos principales y en línea con la visión de sostenibilidad de la CAF, el PLAC es fuente de apoyo concreto y enfocado en actividades de capacitación y transferencia de conocimiento para fortalecer la institucionalidad en todos sus países accionistas. Energías Renovables y Eficiencia Energética Como parte de su compromiso con el desarrollo sostenible, la Dirección de Medio Ambiente de la CAF ha abierto la posibilidad de trabajar con proyectos de energía renovable y eficiencia energética, con o sin componente MDL. Se está evaluando modalidades financieras de apoyo complementarias al MDL a proyectos que califiquen. Estas modalidades incluirían productos tradicionales y no tradicionales de financiamiento. Carbon Disclosure Project http://www.cdproject.net/ The Carbon Disclosure Project (CDP) provides a secretariat for the world’s largest institutional investor collaboration on the business implications of climate change. CDP represents an efficient process whereby many institutional investors collectively sign a single global request for disclosure of information on Greenhouse Gas Emissions. CDP then send this request to the FT500 largest companies in the world. 300 of the 500 largest corporations in the world currently report their emissions through this website. Carbon Neutral http://www.carbonneutral.com.au The Carbon Neutral Program was started in 2002 as a way to involve the community and industry in taking responsibility for the effect of greenhouse gas emissions on the environment… with tree planting.

The program offers government departments, private corporations and individuals the opportunity to offset the carbon dioxide produced by their vehicles and daily activities by paying an annual membership to the Carbon Neutral Program, which then goes towards planting trees CO2e http://www.co2e.com CO2e is a multinational company created to serve as the pre-eminent business-to-business resourced for companies to understand, mitigate and manage the transition to a greenhouse gas constrained future. CO2e has a global team of transaction specialists and marketplace technology experts who deliver market-based solutions to help companies address climate change issues: - brokerage services related to greenhouse gases, renewable energy and other environmental products. - the sourcing and delivery of emission offsets with strong sustainability attributes for retirement against today's emissions. - financial structuring of wholesale and retail instruments for tax effectiveness and improved risk management. - marketplace development, trading and risk management software, delivered together with eSpeed, Inc. - helping clients to deal with carbon commerce through appropriate strategy development, analysis, verification, legal, accounting, insurance and other professional services delivered by CO2eSM Associate partners which include some of the world's leading corporate advisers. E+CO http://www.energyhouse.com/about_intro.htm E+Co was established in 1994 as an independent company of entrepreneurs, investors, strategists and mediators focused on one mission: "Bringing together technology, people and funding to create viable local enterprises that deliver affordable and clean energy to those in need." With a presence in Latin America, Africa and Asia, E+Co provides business development services and modest loans or equity investments to fulfill this mission. E+CO’s strategy is to demonstrate to public and private sector investors that the establishment of local clean energy enterprises represents a win-win, market-based solution to the twin problems of meeting the unmet demand for energy services and protecting the environment. Ultimately, these new enterprises and access to energy offer opportunities for education, employment, and improved livelihoods--thereby breaking the cycle of poverty. And beginning the future of energy. E+CO offers the following investment opportunities: E+Co Loans: E+Co accepts loans of $25,000 - $250,000. 100% of the loan proceeds are then invested directly in energy entrepreneurs. E+Co Managed Accounts: E+Co currently offers investors of $1 million or more the ability to have a custom managed account that provides a higher level of account detail and information for the investor. E+Co Funds: Where E+Co’s developmental efforts have identified clear opportunity for separate,

highly specialized funds, E+Co will organize such an independent fund and specialized affiliate management company. Other E+CO initiatives of interest include: Brazil Rural Energy Enterprise Development Desenvolvimento de Empresas de Energia Rural no Brasil (B-REED) http://www.energyhouse.com/programs_deerb.htm

B-REED, seeks to develop new sustainable energy enterprises that use clean, efficient and renewable energy technologies to meet the energy needs of under-served populations. The B-REED approach will offer rural energy entrepreneurs a combination of enterprise development services and start-up financing. This enables them to plan and structure their companies in a manner that prepares them for growth and makes eventual investments by mainstream financial partners less risky. CAREC Central American Renewable Energy and Cleaner Production Facility The purpose of the Facility is to provide mezzanine-type financing for SMEs in proven areas of renewable energy, cleaner production and energy efficiency throughout Central America. The focus will be on small and medium-sized enterprises, with annual revenues of up to US$5 million and less than 100 employees. The Facility is structured to utilize mezzanine-financing mechanisms such as subordinated debt, convertible debt, preferred shares and other quasi-equity instruments. Since renewable energy and energy efficiency provide ideal vehicles for reducing carbon emissions, CAREC will also seek to include opportunities for selling carbon emission reduction credits. CAREC, managed by E+Co Capital Latin America, a subsidiary of E+Co, Inc., expects to begin operations in October 2005. FENERCA - Financing Renewable Energy Enterprises The Increased Use of Renewable Energy Resources Program http://www.energyhouse.com/programs_fenerca.htm This program, aims to assist Brazil, Ghana, Guatemala, El Salvador, Honduras, Nicaragua, Panama, South Africa, Tanzania and Zambia to expand efforts to increase the sustainable production, use and finance of renewable energy in these countries. The Program seeks to create a policy, investment and entrepreneurial climate conducive to development and investment in renewable energy. FENERCA supports enterprises, financial institutions and governments to ready renewable energy enterprises for finance, implementation and growth. International Emissions Trading Association (IETA) http://www.ieta.org IETA is working towards the following goals and objectives: - The development of an active, global greenhouse gas market, consistent across national boundaries and involving all flexibility mechanisms: the Clean Development Mechanism, Joint Implementation and emissions trading. - The creation of systems and instruments that will ensure effective business participation.

- To be the premier voice for the business community on emissions trading, and to promote an integrated view of the emissions trading system as a solution to Climate Change; as well as participating in the design and implementation of national and international rules and guidelines; and providing an up-to-date and credible source of information on emissions trading and greenhouse gas market activity. International Finance Corporation Carbon Finance Fa cility http://www.ifc.org/ifcext/enviro.nsf/Content/CarbonFinance The International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is a global investor and advisor committed to developing a sustainable private sector in emerging markets. Building on its experience with projects in developing countries, the IFC assists project sponsors with participation in the rapidly growing market for 'carbon credits'.

The Carbon Facilities are arrangements under which IFC will purchase carbon credits for the benefit of the Government of the Netherlands under the international emission reduction transfer rules of the Kyoto Protocol. IFC presently has about $80 million under management in two facilities to purchase credits: (i) the IFC - Netherlands Carbon Facility (INCaF) operating under the rules of the Clean Development Mechanism (CDM) (http://cdm.unfccc.int); and (ii) the Netherlands European Carbon Facility (NECaF) operating under the rules of the Joint Implementation (JI) mechanism and managed jointly with IBRD. Payments for carbon credits purchased will be made to eligible projects in emerging markets and will provide them with additional revenue.

Institutional Investors Group on Climate Change (II GCC) http://www.iigcc.org/ The Institutional Investors Group on Climate Change (IIGCC) is a forum for collaboration between pension funds and other institutional investors on issues related to climate change. IIGCC seeks to: - Promote better understanding of the implications of climate change amongst our members and other institutional investors. - Encourage companies and markets in which IIGCC members invest to address any material risks and opportunities to their businesses associated with climate change and a shift to a lower carbon economy. KLD Global Climate 100 Index http://www.kld.com/benchmarks/gc100.html The KLD Global Climate 100 Index is a global index designed to promote investment in public companies whose activities demonstrate the greatest potential for reducing the social and economic influences on climate change. KLD created the Global Climate 100 Index in response to growing demand from institutions and individuals for investment strategies that address global warming. The Index includes an international mix of 100 publicly traded companies that KLD expects will provide near-term solutions to global warming while offsetting the longer-term impacts of climate change through renewable energy, alternative fuels, clean technology and efficiency. At launch, the Index had companies from 16 countries; fifty-four percent of the companies are from North America, 26% from Europe and 20% from the Asia-Pacific region.

Point Carbon http://www.pointcarbon.com/ en español http://www.pointcarbon.com/category.php?categoryID=260&lang=en em português http://www.pointcarbon.com/category.php?categoryID=261&lang=en The website has information and news updates from across the world. This includes worldwide country ratings of CDM, JI and lots of info on EU ETS and its market price. Point Carbon is a global provider of independent analysis, news, market intelligence and forecasting for the emerging carbon emission markets. The core competencies of Point Carbon staff include international and regional climate policy; mathematical and economic modelling and simulation; forecasting methodologies; and methods for expert evaluation. Point Carbon offers: Research & Reports: Standardised subscription-based decision support tools to professional players in carbon markets, directly relating to these players’ major financial decisions. Newsletters and Market Updates: Carbon Market Europe, covering the EU emissions trading scheme, CDM & JI Monitor, covering the CDM markets and a daily news services covering global carbon markets. Carbon Market Trader: The "state-of the art" product for actors in the carbon markets, providing a "one-stop-shop" facility for leading traders, analysts, risk managers and project developers in this market, containing all essential information and evaluations (analysis) relevant to these functions. Consultancy: In addition to its subscription-based services, Point Carbon also provides consulting for key customers on selected topics. Sustainable Energy Finance Initiative (SEFI) http://www.sefi.unep.org/ SEFI is a joint initiative between UNEP Energy, UNEP Finance Initiative and BASE – the Basel Agency for Sustainable Energy. The principal objective of SEFI is to help the finance sector increase investment in sustainable energy systems and infrastructure. SEFI is a platform providing financiers with the tools, support, and global network needed to conceive and manage investments in the complex and rapidly changing marketplace for clean energy technologies. SEFI's goal is to foster investment in sustainable energy projects by providing up-to-date investor information, facilitating deal origination, developing partnerships, and creating the momentum needed to shift sustainable energy from the margins of energy supply to the mainstream. Sustainable Energy Finance Directory http://www.fse-directory.net/ Among other information and services, SEFI has created a Sustainable Energy Finance Directory (SEFD). The Directory is a free-of-charge online database of lenders and investors who actively provide finance to the sustainable energy sector worldwide. The Directory is designed to help project developers and entrepreneurs identify potential sources of capital for clean energy projects

UNEP FI Climate Change Working Group http://www.unepfi.org/work_programme/climate_change/index.html UNEP FI's Climate Change Working Group (CCWG) seeks to raise awareness and communicate the problem of climate change to financial institutions, policymakers and the public at large. CCWG's membership is diverse, ranging from banks to reinsurers with a wide array of knowledge and expertise. Its areas of focus include: Carbon finance , which examines different types of financial instruments/products and services that lead to climate change mitigation and adaptation, emissions trading being a prime example; Policy and regulation debates at both the national and international levels, including the United Nations Framework Convention on Climate Change (UNFCCC) process, and Renewable energy as part of UNEP FI's involvement in the Sustainable Energy Finance Initiative (SEFI). The CCWG's overall mission is to: - Identify and communicate the financial sector’s role in mitigation and adaptation to climate change; - Raise awareness of the global and regional challenges of climate change not only within the sector but across all sectors and industries, including policymakers and the public at large; - Position the financial sector as a credible and proactive partner by catalysing concrete action within the institutions; - Provide input to the United Nations Framework Convention on Climate Change (UNFCCC) process through support of the Kyoto Protocol flexible mechanisms – international emissions trading, Joint Implementation (JI) and the Clean Development Mechanism (CDM), and other initiatives; - Continue to develop strategies to overcome political and regulatory barriers, which hinder a more proactive role for the finance industry on climate change issues.

CORPORATE SOCIAL RESPONSIBILITY Acción Empresarial http://www.accionrse.cl/home/home.html Acción RSE es una organización sin fines de lucro, que surge del sector empresarial chileno, con el fin de promover la Responsabilidad Social Empresarial (RSE) entre las empresas que operan en el país. Entendemos la RSE como una nueva visión de los negocios que integra armónicamente el respeto por los valores éticos, las personas, la comunidad y el medio ambiente. AccountAbility www.accountability.org.uk AccountAbility is in international membership organization committed to enhancing the performance of organizations and to developing the competencies of individuals in social and ethical accountability and sustainable development. AccountAbility is dedicated to promoting accountability for sustainable development by: - The development of innovative and effective accountability tools and standards, most notably the AA1000 Series. - Undertaking cutting-edge research that explores best practice for practitioners and policy-makers in organisational accountability. - Promoting accountability competencies across the professions - Securing an enabling environment in markets and public policies Coalition for Environmentally Responsible Economics www.ceres.org The Coalition for Environmentally Responsible Economics (CERES) promotes corporate environmental responsibility, from encouraging companies to endorsing the CERES principles, to working with endorsing companies in meeting their commitments and environmental reporting through the Global Reporting Initiative. CERES also convene forums for discussion at the annual CERES conference and smaller industry-specific dialogues. EMPRESA - Responsibilidad Social en las Americas www.empresa.org Forum Empresa es una alianza hemisférica de organizaciones empresariales que promueven la Responsabilidad Social Empresarial (RSE) en las Américas. Forum Empresa reúne a organizaciones basadas en la Responsabilidad Social Empresarial (RSE) y compañías asociadas que comparten una misma visión de promover la RSE en las Américas. Provee de apoyo a aquellas organizaciones basadas en RSE y a sus miembros para motivar a otras empresas con la RSE de las Américas. Trabaja por proyectos con otras organizaciones con el enfoque específico de promover la RSE en un país o región determinada. Su rol principal es incorporar a esta red a representantes de todos los países del continente y fortalecer así el rol socialmente responsable de las empresas en el mundo de hoy. Las oficinas de Forum Empresa están ubicadas en la ciudad de Santiago de Chile.

FIDES – Fundação Instituto de Desenvolvimento Empre sarial e Social http://www.fides.org.br/ A FIDES, Fundação Instituto de Desenvolvimento Empresarial e Social, instituída em 21 de novembro de 1986, é uma entidade privada de caráter educativo e cultural, sem fins lucrativos, visando a humanização das empresas e a sua integração com a sociedade, com base nos princípios éticos envolvidos nas relações entre empresa e seus diferentes públicos internos e externos. Para os Instituidores e Fundadores da FIDES - empresários, executivos de empresas, de São Paulo, Rio de Janeiro,Bahia, Minas Gerais e Rio Grande do Sul - a Fundação tem sido um organismo de apoio especializado para as atividades que desenvolvem. É este mesmo apoio - que consiste na realização de pesquisas, estudos, debates, eventos e atividades a nível nacional e internacional e na implantação de instrumentos de atendimento das responsabilidades sociais da empresa - que a FIDES coloca à disposição de toda a coletividade empresarial. Instituto Ethos http://www.ethos.org.br O Instituto Ethos de Empresas e Responsabilidade Social é uma organização não-governamental criada com a missão de mobilizar, sensibilizar e ajudar as empresas a gerir seus negócios de forma socialmente responsável, tornando-as parceiras na construção de uma sociedade sustentável e justa. Seus 958 associados – empresas de diferentes setores e portes – têm faturamento anual correspondente a cerca de 30% do PIB brasileiro e empregam cerca de 1 milhão de pessoas, tendo como característica principal o interesse em estabelecer padrões éticos de relacionamento com funcionários, clientes, fornecedores, comunidade, acionistas, poder público e com o meio ambiente. O Instituto Ethos trabalha em cinco linhas de atuação: 1. ampliação do movimento de responsabilidade social 2. aprofundamento de práticas em RSE 3. influência sobre mercados e seus atores mais importantes no sentido de criar um ambiente favorável à prática da RSE 4. Articulação do movimento de RSE com políticas públicas 5. Produção de informação (pesquisa anual Empresas e Responsabilidade Social – Percepção e Tendências do Consumidor) SustainAbility www.sustainability.com SustainAbility is one of the longest established international consultancies specializing in business strategy and sustainable development – environmental improvement, social equity and economic development. Crear Valor – Argumentos empresariales en favor de la sostenibilidad en mercados emergentes: http://www.sustainability.com/developing-value/contents.asp

ECO-EFFICIENCY Ecobanking http://www.incae.ac.cr/ES/clacds/proyectos/ambientales/ecoeficiencia/ Instituciones financieras alrededor del mundo se han dado cuenta que ellas pueden mejorar la eficiencia, disminuir el riesgo, reducir costos y satisfacer mejor las necesidades de sus accionistas y las sociedades para las que trabajan, mejorando su desempeño ambiental. El Proyecto Ecobanking fue establecido para asistir al Sector Financiero Latinoamericano, crear valor para sus clientes y la región, a través de una mejor administración, análisis y desempeño ambiental. www.ecobanking.com/ES El sitio web incluye "La Guía de Ecoeficiencia" para apoyar al Sector Financiero de América Latina. En la Guía se presentan las mejores prácticas para fomentar un manejo efectivo del ambiente y del riesgo social en las operaciones internas y externas de los negocios financieros. Eco-footprint Calculators www.epa.vic.gov.au/Eco-footprint/ EPA eco-footprint calculators, are tools used to estimate the area of land needed to support a household, school or organisation as they currently operate. These simple calculators can help you understand the environmental impacts of your house, school and office, and show you the degree to which simple alternatives to everyday behaviours can reduce the size of your eco-footprint. Eco Office www.ecooffice.com.au Simple and practical environmental solutions for your office. Find practical tips and tools to reduce problem wastes by browsing the product pages, or take the How Green is my Office four-step tour to rate your current environmental performance and plan in easy steps for improvement. Fuji Xerox Officecare Program www.fujixerox.com.au/environment The Fuji Xerox Officecare program promotes the principles of 'reduce, re-use and recycle' in the office by reducing office waste, encouraging energy conservation in the office and minimising environmental pollution. Apply online for a free office care kit. Sustentable.cl http://www.sustentable.cl Sustentable S.A., es una empresa de información, asesoría y gestión ambiental. Desde el año 2001 presta diversos servicios que tienen por objeto asegurar una mayor eficiencia en la operación de su empresa, cumplir con la normativa vigente y proteger el entorno. Sustentable.cl presta servicios de consultoría en materias ambientales y territoriales, que tienen por objeto apoyar a sus clientes en la toma de decisiones, en la obtención de permisos y en el

correcto manejo de residuos, emisiones y efluentes, de manera de lograr un cabal cumplimiento de la normativa ambiental. El sitio de web incluye entre otros recursos un catálogo de empresas que ofrecen tecnologías limpias, una bolsa de residuos y una de emisiones.

Verein für Umweltmanagement http://www.vfu.de/index.htm The Verein für Umweltmanagement (VFU) was founded in 1994 to facilitate an exchange of environment protection opinions and experiences within the finance sector in Germany. VFU is the first industry specific association for environmental management in the financial services industry.

HUMAN RIGHTS

Business & Human Rights Resource Centre http://www.business-humanrights.org The Business & Human Rights Resource Centre is an independent, international, non-profit organisation, in a collaborative partnership with Amnesty International sections and leading academic institutions. The online library covers over 1800 companies, over 160 countries, over 150 topics. The website includes reports of corporate misconduct, as well as positive examples of "best practice" by companies and is updated hourly. The website is composed of links to a wide range of materials published by: NGOs; companies & business organisations; United Nations, ILO & other intergovernmental organisations; governments & courts; policy experts & academics; social investment analysts; journalists; etc. UNEP FI Finance and Conflict Project http://www.unepfi.org/work_programme/finance_and_conflict/index.html UNEP FI, in collaboration with the International Institute for Sustainable Development (IISD), has conducted a project to develop and promote the business case for conflict prevention within the financial sector and to raise awareness of the opportunities of engaging proactively with the issue of conflict prevention. The project sought to map the links between the activities of banks, insurers and asset managers, and the drivers, triggers and financial means for sustaining conflict, arguing that it makes good business sense to adopt a proactive approach to ensuring that finance contributes to peace, not violence. Report available for download: Investing in Stability: Conflict Risk, Environmental Challenges, and the Bottom Line

INSURANCE International Finance Corporation Insurance Service s http://www.ifc.org/ifcext/sustainability.nsf/Content/InsuranceServices As part of each IFC investment team, insurance specialists assess projects for specific business risks and exposures and advise clients on the structuring of cost-effective methods for mitigating or transferring those risks. Early involvement in the project cycle helps ensure that project sponsors receive fast, constructive guidance. With the help of an extensive global database, IFC also shares global best practice, provides external insurance training, assists in claims negotiations, and promotes the development of local insurance markets. The Insurance Services Group is comprised of six professionals with wide-ranging global and regional experience in insurance. Insurance Officers are an integral part of the IFC investment team, and through early involvement in the project cycle, they can help clients identify project risks and exposures and tailor solutions in an efficient and cost-effective manner. Insurance Officers work in close collaboration with industry, social and environmental specialists to ensure that IFC offers a cohesive approach to business risk management. The Group also shares current insurance market intelligence and global best practice information with clients, as well as industry players. The Insurance Officers work to provide an integrated approach to find insurance solutions that are country and project specific, by: - Assisting projects to identify, evaluate and mitigate risks; - Assisting projects to structure their insurance programs; - Sharing global experience and market intelligence; - Providing external insurance training (financial institutions/project development facilities/

sponsors); - Promoting the development of local insurance markets; - Assisting sponsors in claims negotiations.

MICROFINANCE ACCION Internacional http://www.accion.org ACCION International, es una organización privada sin ánimo de lucro, y con casi 30 años de experiencia en microfinanzas. Las instituciones afiliadas de ACCION otorgan pequeños préstamos a corto plazo a tasas de interés que reflejan el costo del préstamo. Al reconocer que los mercados de capital internacionales son la única fuente de fondos suficientes para tener un impacto real sobre la pobreza mundial, ACCION International ayuda a las instituciones microfinancieras a desarrollar la capacidad de acceder a ellos. ACCION trabaja en la actualidad en el diseño y la implementación de instrumentos financieros que pueden emitirse en los mercados de capital, incluyendo el proceso de añadir instrumentos similares a los instrumentos de inversión negociables de los portafolios de los programas de microcrédito. ACCION ayuda a sus instituciones afiliadas para que accedan al capital comercial, incrementando por lo tanto de manera amplia el número de personas a las que pueden llegar. Entre otros, las inicitivas de ACCION Internacional incluyen:

- El fondo de garantías Latin America Bridge Fund (Fondo Puente de América Latina) para cumplir con la creciente demanda de sus afiliadas, de capital para proveer fondos a sus portafolios de micropréstamos. El Bridge Fund, se capitaliza con donaciones y depósitos privados. El Fondo emite cartas de crédito que le permiten a las afiliadas de ACCION prestar directamente de bancos locales, incrementando dramáticamente su pool de capital para micropréstamos y enlazando efectivamente la microempresa con el sector bancario formal. El Latin America Bridge Fund se encuentra actualmente capitalizado con más de US$6 millones y paga una diversidad de tasas a sus inversionistas.

- ACCION fue miembro fundador y es en la actualidad accionista de ProFund, el primer

fondo privado de acciones ordinarias (fondos propios) del mundo que se dedica únicamente a la inversión microfinanciera. Con base en San José, Costa Rica, la estrategia de ProFund es lograr utilidades financieras superiores a través de la compra de deuda y acciones en instituciones financieras reguladas dedicadas a prestar servicios a pequeños negocios y microempresas en América Latina y el Caribe.

- Para responder a la necesidad de inversiones de capital a largo plazo por parte de las

instituciones afiliadas, ACCION patrocinó la creación de ACCION Investments in Microfinance, empresa inversora cuyo objetivo es dar a inversores tanto del sector público como del sector privado en todo el mundo la posibilidad de invertir en instituciones microfinancieras. ACCION Investments se inició su operaciones en febrero de 2003 con una dotación de más de 18 millones de dólares.

- El Gateway Fund de ACCION se creó en 1997 para ofrecer ayuda a las instituciones

microfinancieras en América Latina a través de inversiones en acciones o de deuda en: - instituciones microfinancieras reguladas, nuevas; - entidades sin ánimo de lucro en el proceso de transformación al estado financiero regulado; - instituciones microfinancieras reguladas, ya establecidas. En la actualidad el Fondo cuenta con US$5 millones de capital comprometido

suministrado por instituciones multilaterales. Adicionalmente a proveer capital a largo plazo, el Gateway Fund participa en la dirección de estas instituciones microfinancieras, ayudando a garantizar que estas se mantengan financieramente sólidas y comprometidas con una misión social. Las inversiones actuales incluyen a Mibanco (Perú), Banco Solidario (Ecuador), BancoSol (Bolivia), BanGente (Venezuela),

FINAMERICA (Colombia), Financiara Compartamos (México), SogeSol (Haití ) y CREDIFE (Ecuador). Blue Orchard http://www.blueorchard.ch BlueOrchard Finance s.a. is a microfinance investment consultancy whose mission it is to promote private investments in projects and enterprises contributing to the sustainable development of micro-entrepreneurship in emerging economies. BlueOrchard is the manager of the Dexia Micro-Credit Fund, which is the first private worldwide and fully commercial microfinance investment fund. It currently services about fifty microfinance institutions in 22 different emerging economies. It's current value: $ 58million. BlueOrchard also advises the responsAbility Global Microfinance Fund since December 2003. CAF – Programa de Microfinanzas http://www.caf.com/view/index.asp?pageMS=13593&ms=11#micro Uno de los propósitos de la CAF es consolidar el fortalecimiento del sistema microfinanciero de la Comunidad Andina y de los demás países accionistas, contribuyendo de esa manera al desarrollo e integración de los mercados financieros de la región y a la consolidación de uno de los sectores más dinámicos y estratégicos de sus países accionistas. En este sentido, la Corporación viene dedicando un esfuerzo importante al área de las microfinanzas, con el fin de afianzar a las instituciones intermediarias que ofrecen servicios financieros de apoyo a los microempresarios urbanos y rurales de la región. La CAF pone a disposición de este sector recursos financieros, otorgados primordialmente mediante préstamos, garantías y participaciones accionarias. Igualmente realiza actividades de fortalecimiento institucional a través de asistencia técnica y de capacitación a instituciones microfinancieras de la región. La asistencia técnica se canaliza mediante el auspicio de actividades que apunten al mejoramiento de las técnicas microfinancieras de sus países accionistas y a la difusión de tecnologías bancarias exitosas. Además del apoyo sostenido que la CAF brinda al sector microfinanciero de sus países accionistas, también ha realizado y auspiciado estudios y publicaciones para apoyar la difusión de las oportunidades que presenta este sector en la región y de las prácticas más efectivas en materia de financiamiento a la microempresa. Enterprising Solutions Global Consulting http://www.esglobal.com Enterprising Solutions has provided management consulting, knowledge development and access to capital services in the areas of microfinance and small- and medium-sized enterprises (SMEs) since 1998. They offer market-driven management consultancy, technical assistance and financial advisory services to both financial and non-financial businesses. They also assist international and domestic programs supporting microfinance and SME development.

Enterprising Solutions aims to be on the leading edge of development thought and practice. Through innovative research, product and project design as well as sector-wide knowledge-sharing activities, they contribute to the advance of both microfinance and SME development. They are also working to bring new capital resources to the microfinance and SME sectors through increased access to conventional markets as well as social investment markets. Enterprising Solutions has extensive experience in Africa and Latin America and are growing their activities in Asia, the Middle East, Central and Eastern Europe and the Newly Independent States.

Grameen Family of Enterprises http://www.grameen-info.org/gfamily.html Grameen Bank, building on its pioneer success in microfinance, has founded a number of related institutions to provide broader support to microfinance institutions: Grameen Trust As a result of the success of Grameen Bank in reaching and serving the poor with credit, many people and organizations began to think in Grameen's way, and wanted to learn more about Grameen and follow Grameen's principles in their own sphere of work. Grameen Trust in collaboration with Grameen Bank and the Grameen network partners organizes Grameen Dialogue Programs, International Training and Workshop programs for microcredit practitioners worldwide. Grameen Fund Grameen Fund has been operating since 1994. Its emphasis is on providing finance to ventures that are risky, technology - oriented and otherwise deprived of financing from existing formal lending institutions. Green Microfinance http://www.greenmicrofinance.org/ Green Microfinance's (GMf) mission is to improve the environmental sustainability of micro-enterprise. In doing so, GMf promotes the environmental, financial, and social sustainability of microenterprise and microfinance. Green Microfinance was established in 2002 by environmental and microfinance practitioners to improve the environmental impact of microenterprise. Compelled by the growing need of environmental education and the ecological impacts of microfinance institutions and client, Green Microfinance (GMf) seeks to build environmental management capacity in the microfinance field and in the informal sector of developing countries. GMf also works to disseminate information about environmentally sustainable microfinance to the microfinance and sustainable development community. MicroFinance Network http://www.mfnetwork.org The MicroFinance Network (MFN) is a global association of microfinance institutions committed to improving the quality of life of the poor through the provision of credit, savings, and other financial services. Network members believe in applying a commercial approach to the establishment of

sustainable financial institutions that reach large volumes of clients who are not served by traditional financial institutions. The MFN facilitates information flow between microfinance organizations and practitioners, technical exchanges and publications of best practice materials. It also challenges member practitioners to new levels of excellence and, where regulatory frameworks exist, to become regulated financial institutions. Based on the decision of members, the MicroFinance Network is engaged in the following Network-level activities:

- Policy and Advocacy - Partnerships and Alliances - Network Publications and Research Transparency - Transformation - Working Groups - Information Dissemination - Annual Conference

MicroVest http://www.microvestfund.com/aboutmv.html MicroVest has been created as a capital-mobilizing intermediary for microfinance "banks". It is organized along commercial lines with a strong private sector board. MicroVest’s objectives are: * to provide capital for microfinance institutions * to help build capital markets for the macro-economic system * to support self-sustaining financial businesses serving the poor Since launching the MicroVest I, LP (MV I) in January 2004, MicroVest Capital Management (MVCM) has placed more than US$9 million in debt and equity investments with ten microfinance institutions (MFIs) in six countries. Initial investments were in Latin America, and more recent investments were in Asia and Eastern Europe. MV I invests worldwide and is actively pursuing investment opportunities in Latin America, Africa, Middle East, Eastern Europe and throughout Asia. MixMarket http://www.mixmarket.org/en/home_page.asp The MIX Market strives provide a global information exchange for the microfinance industry. It aims to facilitate exchange and investments flows, promote transparency and improve reporting standards in the microfinance industry. The MIX MARKET is a global, web-based, microfinance information platform. It provides information to sector actors and the public at large on microfinance institutions (MFIs) worldwide, public and private funds that invest in microfinance, MFI networks, raters/external evaluators, advisory firms, and governmental and regulatory agencies. The MIX Market seeks to develop a transparent information market to link MFIs worldwide with Investors and Donors and promote greater investment and information flows. Information available at the MIX MARKET: - MFI data includes outreach and impact data, financial data, audited financial statements in addition to general and contact information.

- Donor/Investor portfolio data details financial instruments used, application and reporting processes, contacts and information on how to apply for investment... - Country information offers relevant social and economic development indicators in addition to regulatory information ResponsAbility http://www.responsability.ch responsibility aims to foster a stronger involvement of the private sector in developing countries. It does so by bridging the gap between the financial and development coope-ration markets by offering adequate services and products. responsAbility is advising an innovative investment concept for investors interested in a combination of moderate financial returns and demonstrated social benefits. The main investment focus is Microfinance and Fair Trade. responsAbility provides banks and asset managers the support they need to offer their clients high-quality social investment services and products, efficiently and reliably. For social investors responsAbility offers support tailored to their individual needs and requirements. These services cover the entire social investment process. Women’s World Banking (WWB) http://www.swwb.org At the core of WWB is the network of 24 affiliates in 19 countries of Asia, Africa, Latin America, Europe, the Middle East and North America. These are women-led organizations that provide financial services to hundreds of thousands of low income women entrepreneurs around the world. The WWB network provides support to its member organizations, which in turn offer direct services to these women. WWB’s Global Team, operating out of offices located in New York, supports affiliates and associates in succeeding as microfinance institutions (MFIs) and change agents, by providing tailored, integrated services in four areas: Technical Services Financial Products and Services Policy Change Activities Linkages and Learning Services

MULTILATERAL INSTITUTIONS Corporación Andina de Fomento (CAF) http://www.caf.com La Corporación Andina de Fomento (CAF) es una institución financiera multilateral que apoya el desarrollo sostenible de sus países accionistas y la integración regional . Atiende a los sectores público y privado, suministrando productos y servicios financieros múltiples a una amplia cartera de clientes, constituida por los gobiernos de los Estados accionistas, instituciones financieras y empresas públicas y privadas. En sus políticas de gestión integra las variables sociales y ambientales e incluye en sus operaciones criterios de ecoeficiencia y sostenibilidad. Programas Estratégicos http://www.caf.com/view/index.asp?ms=11&pageMs=13550 La CAF ha creado o participa activamente en diversos programas estratégicos, complementarios de su gestión de negocios, a través de los cuales presta servicios financieros y no financieros. Los mismos son de alcance regional y abarcan desde el fortalecimiento de la integración, la dotación de infraestructura física y el incremento de la competitividad, hasta la formación de sociedades más equitativas, conscientes, humanas y participativas. • Apoyo a la PyME y a Instituciones Microfinancieras • Biodiversidad • Cóndor - Sistema de Información Geográfica • Desarrollo Cultural • Gobernabilidad • IIRSA - Iniciativa para la Integración de la Infraestructura Regional Suramericana

Kemmerer • PAC - Programa Andino de Competitividad • PLAC - Programa Latinoamericano del Carbono • Preandino - Programa Regional Andino para la Prevención y Mitigación de Riesgos Comisión Económica para América Latina y el Caribe http://www.eclac.cl/ La CEPAL es una de las cinco comisiones regionales de las Naciones Unidas y su sede está en Santiago de Chile. Se fundó para contribuir al desarrollo económico de América Latina, coordinar las acciones encaminadas a su promoción y reforzar las relaciones económicas de los países entre sí y con las demás naciones del mundo. Posteriormente, su labor se amplió a los países del Caribe y se incorporó el objetivo de promover el desarrollo social. CEPAL incluye las siguientes divisiones:

• Desarrollo Económico • Desarrollo Social • Estadística y Proyecciones Económicas • Población y Desarrollo (CELADE) • Comercio Internacional e Integración • Planificación Económica y Social (ILPES) • Desarrollo Productivo y Empresarial • Desarrollo Sostenible y Asentamientos Humanos • Recursos Naturales e Infraestructura

Inter-American Development Bank (IADB) Sustainable Development Department http://www.iadb.org/sds/index_e.htm The Sustainable Development Department promotes special events such as seminars, workshops, conferences and training events, and publishes technical papers, best practices reports, and strategy and policy papers as well as books and other special reports. Information is also available in videos and other media. SDS also develops and maintains contacts with partners (such as other multilateral and bilateral donors, non-governmental organizations and various stakeholders), which are instrumental in establishing a regional consensus on issues of strategic importance, as well as leveraging the impact of Bank financing. The structure of the Department falls along five main themes: Human Resources and Social Development; Environment and Natural Resources; Infrastructure, Financial Markets and Private Enterprise; State, Governance and Civil Society.; and Information Technology for Development. International Finance Corporation (IFC) http://www.ifc.org/enviro The International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is a global investor and advisor committed to developing a sustainable private sector in emerging markets. In today's world where growing public awareness of environmental and social issues is driving changes in consumer behavior, investment, and regulation, IFC's environmental and social requirements have become the global benchmark for investment in emerging markets. IFC offers its environmental, social development and insurance expertise to client companies as part of its investment and capacity building services. Services offered cover the following areas:

• Managing Environmental, Social and Business Risks • Identifying Opportunities • Financing Environmental Innovation • Financial Intermediaries • Gender Entrepreneurship

IFC Facilities of interest:

• Corporate Citizenship • Environmental Opportunities • Global Environmental Projects • Carbon Finance • Sustainable Financial Markets (see description below) • Environmental Business Finance Program

The website provides access to the following IFC Policies & Guidelines:

• Safeguard Policies • Environmental Guidelines • Disclosure Policy • E&S Review Procedure

Sustainable Financial Markets Facility (SFMF) http://www.ifc.org/ifcext/enviro.nsf/Content/SFMF

The Sustainable Financial Markets Facility (SFMF) is a strategic capacity building and technical assistance program focusing on the environmental and social aspects of finance and investment in the emerging markets. SFMF works with IFC financial institution clients and non-IFC clients to facilitate the integration of environmental and social considerations into their lending and investment practices in emerging markets. Additionally, SFMF helps them to identify market opportunities related to environmental and social issues. This website provides information and resources on: - What is sustainable finance and why is it important for IFC and financial institution clients and

non-clients; - How financial institutions in emerging markets can benefit from the products and services

offered by SFMF; - What information and research resources are available on sustainable finance in emerging

markets. World Bank – Pollution Prevention and Abatement Han dbook http://lnweb18.worldbank.org/ESSD/envext.nsf/51ByDocName/PollutionPreventionandAbatementHandbook The handbook promotes the concepts of sustainable development by focusing attention on the benefits - both environmental and economic -- of pollution prevention, including cleaner production and good management techniques. Part I contains a summary of key policy lessons in pollution management, derived from practical experience inside and outside the Bank Group over the past decade. Part II presents good-practice notes on implementation of policy objectives, based on experience with the Bank Group projects and on lessons from the policies and practices of other agencies and organizations in this field. Part III provides detailed guidelines to be applied in the preparation of the Bank Group projects. It represents state-of-the-art thinking on how to reduce pollution emissions from the production process.

PROJECT FINANCE Amazon Financial Information Service (AFIS) www.redlisted.com AFIS is a consortium of finance, industry, and Latin America specialists that provides and promotes analysis on social and environmental risks associated with exploration and development projects in Latin America. Drawing from an extensive network of international and country-based indigenous and environmental organizations (including members of the Amazon Alliance, the Friends of the Earth International network, and Oxfam), AFIS provides objective information on the downside risks associated with controversial projects in Latin America. RedListed.com, is an online resource compiling information on Latin America's most controversial and politically risky exploration and development projects; environmental and political risk assessment methodologies, resources and case studies. Banktrack http://www.banktrack.org/ BankTrack is a network of fourteen civil society organisations tracking the operations of the private financial sector and its effect on people and the environment. BankTrack envisions a private financial sector strictly accountable to society at large, whose operations contribute to creating healthy and just societies and preserve the ecological well being of the planet. The vision of BankTrack is further elaborated in the Collevecchio Declaration (see reference to website under “Collevecchio Declaration”). Among other activities, Banktrack has been publishing an annual review of Equator Principles Signatories’ performance in implementing the principles. Activities: - BankTrack co-ordinates and supports international campaigns that prevent harmful impacts

of private financial sector operations on the environment and people, and that will effect positive changes within the sector.

- BankTrack strengthens civil society's capacity to monitor and influence the private financial sector by providing policy analysis and research for NGOs, conducting training of campaigners, and offering direct support for project affected communities.

- BankTrack functions as an international clearinghouse for NGOs for information and strategies on the private financial sector, and as news source for financial press.

- BankTrack is the one stop entry for banks and other private financiers to contact environmental, social and human rights NGOs engaged in project and policy monitoring.

Equator Principles http://www.equator-principles.com/ The Equator Principles provide a framework for financial institutions to manage social and environmental issues in project finance. Through affiliation with the IFC Safeguard policies and other specific IFC and World Bank guidelines, the Equator Principles are becoming an industry approach for financial institutions in determining, assessing and managing environmental & social risk in project financing. A majority of global project finance actors have adopted the Principles.

International Finance Corporation Environmental and Social Policies and Guidelines http://ifcln1.ifc.org/ifcext/enviro.nsf/Content/PoliciesandGuidelines IFC’s Environment and Social Development Department is tasked with evaluating, appraising and monitoring the environmental and social impacts of proposed and existing IFC projects. The resources provided on this webpage are primarily designed to provide IFC clients with information on the requirements associated with IFC financing. While compliance with IFC’s guidelines and safeguard policies is a requirement for project sponsors, IFC is confident that adhering to them will lead to better business performance and more sustainable outcomes. The following documents are available: - Safeguard Policies - Environmental Guidelines - Environmental & Social Review Procedure and Guidance Notes - Disclosure Policy - Good Practice Publications - Manual for Implementing EMS in SMEs - Policies and Guidelines Glossary - Compliance Advisor Ombudsman Review of IFC's Safeguard Policies Mining and Metals Sector Good Practice Website www.goodpracticemining.org Developed by the International Council on Mining and Metals in partnership with the UK's Department for International Development, the UN Conference on Trade and Development and the UN Environment Programme, the library is a resource for individuals and organizations implementing good practice in mining and metals operations around the world. The website contains nearly 350 items, among them good practice guidelines, standards, case studies and legislation. Users can retrieve information on a wide range of topics, including: - prospecting, mining and mine closures - metals use, processing and fabrication - biodiversity, regulation, human rights, community issues, risk management, reporting, health and safety, and materials stewardship - small-scale artisanal mining. World Commission on Dams and Sustainable Developmen t http://www.dams.org/ The World Commission on Dams and Sustainable Development (WCD) was an independent, international, multi-stakeholder process which addressed the controversial issues associated with large dams. The Commission completed its work with the launch of its final report and disbanded. The report is often cited for best practice in addressing environmental, social and human rights challenges related to large infrastructure projects. The website has been redeveloped as an archive of the World Commission on Dams. It provides access the global studies, reviews and submissions prepared for the Commission, such as case studies, thematic reviews, regional consultations and the large dam Cross-check Survey. A project of the United Nations Environment Programme (UNEP), the Dams and Development

Project (DDP) promotes dialogue on improving decision-making, planning and management of dams and their alternatives based on the WCD core values and strategic priorities. It provides information about follow-up initiatives around the world, reactions to the WCD Report and submissions on good practice. http://www.unep-dams.org

PUBLICATIONS / REFERENCE Clear Profit http://www.clear-profit.com/ Clear Profit’s primary purpose is to provide impartial news and commentary on the role of investors in ensuring corporate responsibility. Their free newsletter delivers independent, specialist news and features on the integration of social, environmental and ethical concerns into profitable investment decisions. Regular news strands include: SRI industry news; the progress of corporate accountability reporting projects, such as the Global Reporting Initiative; emerging investment opportunities; shareholder representation and proxy voting; corporate governance; social and economic research; and World Bank/International Finance Corporation (IFC) project finance transparency initiatives, such as the Equator Principles. Ethical Corporation http://www.ethicalcorp.com/ Ethical Corporation is an independent publisher and events producer on business ethics and corporate responsibility. Ethical Corporation publishes a monthly print magazine of the same name, which analyses the key trends and events in global corporate responsibility. They also publish print and other articles regularly online on ethicalcorp.com. Ethical Corporation also produces a global conference and event series on the issues in and around corporate responsibility. These conferences and workshops take place all over the world. Greenbiz.com http://www.greenbiz.com/

Greenbiz.com is a nonprofit, nonpartisan organization that works to bring environmental information, resources, and tools to the mainstream business community. The Greenbiz.com website offers:

A Business Toolbox, containing free background reports, guidebooks, how-to articles, self-assessments, and other tools.

A Government Gateway listing government programs helping companies improve their environmental and economic performance.

A Mentor Centor, the GreenBiz Job Link, an awards directory and a web guide.

GreenBiz also provides a free newsletter, daily news, monthly columns and an events calendar.

Greenleaf Publishing www.greenleaf-publishing.com

Greenleaf Publishing is a fully independent publisher specialising in the business and sustainable development. Includes links to Journal of Corporate Citizenship and Greener Management International: The Journal of Corporate Environmental Strategy and Practice (GMI). SocialFunds.com www.socialfunds.com SocialFunds.com is a website of SRI World Group, Inc., a news, research, and consulting firm that advises clients regarding sustainability investment issues and corporate responsibility practices. The website’s Media and Learning Centers offer comprehensive information about SRI issues. A one-stop-shopping site includes quotes, statistics, definitions, narrative explanations, relevant SRI press releases, and much more, all pertaining to social investing. SocialFunds.com publishes a free newsletter, the “CSRwire”, devoted solely to corporate social responsibility issues.

SUSTAINABILITY REPORTING CorporateRegister.com www.corporateregister.com CorporateRegister.com is the world's largest online directory of corporate non-financial reports. These include CSR, sustainability, environmental and social reports. Global Reporting Initiative (GRI) http://www.globalreporting.org/ The Global Reporting Initiative (GRI) is a multi-stakeholder process and independent institution whose mission is to develop and disseminate globally applicable Sustainability Reporting Guidelines. These Guidelines are for voluntary use by organisations for reporting on the economic, environmental, and social dimensions of their activities, products, and services. The GRI incorporates the active participation of representatives from business, accountancy, investment, environmental, human rights, research and labour organisations from around the world. Started in 1997, GRI became independent in 2002, and is an official collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annan’s Global Compact. UNEP FI - GRI Working Group on Performance Indicato rs (Environment) for the Finance Sector http://www.unepfi.net/gri/ UNEP FI and the Global Reporting Initiative (GRI) co-convened a working group to finalize a GRI Financial Services Sector Supplement (Environmental Performance) for the International Finance Sector. This document will build upon and synthesize existing work on environmental performance indicators for the financial sector, through a globally applicable indicator set regarding the environmental impacts of financial sector products and services in the retail, corporate and commercial banking, insurance and asset management sectors. The first pilot version of GRI Financial Services Sector Supplement (Environmental Performance), was completed in the third quarter of 2004 and is now ready for a piloting process with international financial institutions. UNEP FI Stakeholder Forum on Sustainability Managem ent & Reporting (SMR) http://www.unepfi.org/work_programme/smr/index.html The UNEP FI Stakeholder Forum on SMR created a set of Guidelines with particular reference to the needs of financial institutions in developing countries and transition economies. The UNEP FI SMR document aims to address both these barriers by first setting out a business case for SMR. The target audiences for the document are CEOs and board members of financial institutions with no experience in SMR. It is especially targeting domestic financial institutions (as opposed to international development banks and subsidiaries of international banks) in developing countries. The publication will introduce case studies that provide a clear insight into the commercial and environmental benefits of adopting the sustainability management and reporting principles, and

tips on capacity building in introducing SMR. The publication is scheduled to be released in Summer 2005 after undertaking a stakeholder review in May-June 2005.

SUSTAINABLE FINANCE

Association of British Insurers (ABI) http://www.abi.org.uk/

The Association of British Insurers is the trade association for the UK's insurance industry. It represents around 400 companies. It has published a number of reports on sustainability including: A Changing Climate for Insurers (June 2004) A Report for Chief Executives and Policymakers on climate change; Risk, Return and Responsibility (February 2004) - Explores the issue of corporate social responsibility; Guidelines on Socially Responsible Investment (2003); and Corporate Social Responsibility Guidance for the Financial Services Sector (November 2002).

Association of Socially Responsible Investment in A sia (AsrIA) www.asria.org The Association for Sustainable & Responsible Investment in Asia (AsrIA) is a not for profit, membership association dedicated to promoting corporate responsibility and sustainable investment practice in the Asia Pacific region. Banktrack http://www.banktrack.org/ BankTrack is a network of fourteen civil society organisations tracking the operations of the private financial sector and its effect on people and the environment. BankTrack envisions a private financial sector strictly accountable to society at large, whose operations contribute to creating healthy and just societies and preserve the ecological well being of the planet. The vision of BankTrack is further elaborated in the Collevecchio Declaration (see reference to website under “Collevecchio Declaration”). Among other activities, Banktrack has been publishing an annual review of Equator Principles Signatories’ performance in implementing the principles. Activities: - BankTrack co-ordinates and supports international campaigns that prevent harmful impacts

of private financial sector operations on the environment and people, and that will effect positive changes within the sector.

- BankTrack strengthens civil society's capacity to monitor and influence the private financial sector by providing policy analysis and research for NGOs, conducting training of campaigners, and offering direct support for project affected communities.

- BankTrack functions as an international clearinghouse for NGOs for information and strategies on the private financial sector, and as news source for financial press.

- BankTrack is the one stop entry for banks and other private financiers to contact environmental, social and human rights NGOs engaged in project and policy monitoring.

Centro de Estudos em Sustentabilidade da EAESP-FGV http://ces.fgvsp.br O Centro de Estudos em Sustentabilidade (CES) é uma iniciativa da Escola de Administração de Empresas de São Paulo da Fundação Getulio Vargas (FGV-EAESP) dedicado a disseminar o conceito de sustentabilidade.

O CES tem como objetivo oferecer respostas para que agentes econômicos - empresas, seus financiadores, acionistas, dirigentes, seguradores, consultores e auditores - possam compreender, medir e avaliar riscos e oportunidades associados a áreas de impacto aparentemente não-financeiras, como meio ambiente, responsabilidade social e governança corporativa. O Centro de Estudos em Sustentabilidade (CES) nasce da necessidade premente de empresas, seus financiadores, acionistas, dirigentes, seguradores, consultores e auditores em entender, medir e avaliar riscos e oportunidades associados a áreas de impacto aparentemente não-financeiras, como meio ambiente, responsabilidade social e governança corporativa. A consideração de bottom lines sociais e ambientais em adição ao bottom line econômico-financeiro sugere que o meio empresarial deseja evitar surpresas relacionadas a passivos sociais e ambientais que possam provocar uma erosão de seus resultados financeiros. Da mesma forma, um novo leque de oportunidades de negócios se apresenta para aqueles que desejam antecipar um novo modelo de desenvolvimento. Esse novo tripé de avaliação da performance empresarial e do desempenho de executivos é conhecido globalmente como Triple Bottom Line (TBL). O novo conceito parte da premissa de que a sustentabilidade de um empreendimento depende da gestão competente de sua complexidade natural, assim como da sua capacidade em considerar nos planos de negócio os interesses legítimos de seus diferentes stakeholders e os impactos no meio ambiente. Collevecchio Declaration http://www.foe.org/camps/intl/declaration.html

101 civil society organizations call on Financial Institutions (FIs) to embrace a set of principles, and take immediate steps to implement them as a way for FIs to retain their social license to operate. The declaration calls on FIs to embrace six main principles which reflect civil society's expectations of the role and responsibilities of the financial services sector in fostering sustainability.

Ecobanking http://www.incae.ac.cr/ES/clacds/proyectos/ambientales/ecoeficiencia/ Instituciones financieras alrededor del mundo se han dado cuenta que ellas pueden mejorar la eficiencia, disminuir el riesgo, reducir costos y satisfacer mejor las necesidades de sus accionistas y las sociedades para las que trabajan, mejorando su desempeño ambiental. El Proyecto Ecobanking fue establecido para asistir al Sector Financiero Latinoamericano, crear valor para sus clientes y la región, a través de una mejor administración, análisis y desempeño ambiental. www.ecobanking.com/ES El sitio web incluye "La Guía de Ecoeficiencia" para apoyar al Sector Financiero de América Latina. En la Guía se presentan las mejores prácticas para fomentar un manejo efectivo del ambiente y del riesgo social en las operaciones internas y externas de los negocios financieros. Enterprising Solutions Global Consulting http://www.esglobal.com

Enterprising Solutions has provided management consulting, knowledge development and access to capital services in the areas of microfinance and small- and medium-sized enterprises (SMEs) since 1998. They offer market-driven management consultancy, technical assistance and financial advisory services to both financial and non-financial businesses. They also assist international and domestic programs supporting microfinance and SME development. Enterprising Solutions aims to be on the leading edge of development thought and practice. Through innovative research, product and project design as well as sector-wide knowledge-sharing activities, they contribute to the advance of both microfinance and SME development. They are also working to bring new capital resources to the microfinance and SME sectors through increased access to conventional markets as well as social investment markets. Enterprising Solutions has extensive experience in Africa and Latin America and are growing their activities in Asia, the Middle East, Central and Eastern Europe and the Newly Independent States. Finanzas Ambientales http://www.finanzasambientales.com/ Finanzas Ambientales S.A.C. es una empresa para la prestación de servicios de consultoría en temas relacionados con el financiamiento de negocios social y ambientalmente responsables. El Área de Incubación y Negocios Sostenibles se enfoca en el desarrollo de actividades económicas basadas en el uso sostenible de la etno-bio-diversidad local, así como en el desarrollo de herramientas innovadoras que permitan la evaluación y gestión de estos negocios y proyectos. Esto incluye:

• Asesoría y/o elaboración de planes estratégicos para desarrollar ideas de negocios social y ambientalmente responsables.

• Elaboración de planes de negocios sostenibles para lograr el financiamiento de nuevos negocios.

• Asesoría en la negociación del cliente con los potenciales inversionistas de su negocio. • Representación del cliente ante el due diligence de los potenciales inversionistas para la

obtención de los recursos financieros. • Levantamiento de recursos financieros (capital, préstamos, donaciones) para el

financiamiento de las diferentes etapas de desarrollo de los negocios sostenibles. • Desarrollo y aplicación de instrumentos para la gestión sostenible de los negocios como

análisis de ciclo de vida, cadena de valor sostenible, tablero de mando sostenible, matriz de evaluación de eco-riesgos y eco-dividendos que agregan o reducen valor en la empresa.

• Identificación, selección y negociación con potenciales aliados estratégicos de negocios sostenibles (gremios, cámaras de comercio, municipalidades, gobiernos regionales, universidades, entre otros).

Friends of the Earth http://www.foe.co.uk/campaigns/corporates/resource/investors.html Friends of the Earth is the U.S. voice of an influential, international network of grassroots groups in 70 countries.

International Finance Corporation (IFC) http://www.ifc.org/enviro The International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is a global investor and advisor committed to developing a sustainable private sector in emerging markets. In today's world where growing public awareness of environmental and social issues is driving changes in consumer behavior, investment, and regulation, IFC's environmental and social requirements have become the global benchmark for investment in emerging markets. IFC offers its environmental, social development and insurance expertise to client companies as part of its investment and capacity building services. Services offered cover the following areas:

• Managing Environmental, Social and Business Risks • Identifying Opportunities • Financing Environmental Innovation • Financial Intermediaries • Gender Entrepreneurship

IFC Facilities of interest:

• Corporate Citizenship • Environmental Opportunities • Global Environmental Projects • Carbon Finance • Sustainable Financial Markets • Environmental Business Finance Program

The website provides access to the following IFC Policies & Guidelines:

• Safeguard Policies (http://ifcln1.ifc.org/ifcext/enviro.nsf/Content/Safeguardpolicies) • Environmental Health and Safety Guidelines

(http://ifcln1.ifc.org/ifcext/enviro.nsf/Content/EnvironmentalGuidelines) • Disclosure Policy (http://ifcln1.ifc.org/ifcext/enviro.nsf/Content/Disclosure) • E&S Review Procedure (http://ifcln1.ifc.org/ifcext/enviro.nsf/Content/ESRP) • IFC Exclusion List (http://ifcln1.ifc.org/ifcext/enviro.nsf/Content/IFCExclusionList)

Rainforest Action Network (RAN) http://www.ran.org/ran_campaigns/global_finance/ Rainforest Action Network campaigns for the forests, their inhabitants and the natural systems that sustain life by transforming the global marketplace through grassroots organizing, education and non-violent direct action. With its Global Finance Campaign RAN aims to chart a course towards the much-needed reconciliation between economy and ecology. Rainforest Action Network, together with allies and activists around the world, works to redirect the global economy away from environmentally and socially destructive investment and into clean, sustainable, and socially just alternatives. United Nations Environment Programme Finance Initia tive (UNEP FI) www.unepfi.org

The United Nations Environment Programme Finance Initiative (UNEP FI) is a unique global partnership between the United Nations Environment Programme (UNEP) and the private financial sector. UNEP FI works closely with over 200 financial institutions who are signatories to the UNEP FI Statements, and a range of partners organizations to develop and promote linkages between the environment, sustainability and financial performance. Through regional activities, a comprehensive work programme, training programmes and research, UNEP FI carries out its mission to identify, promote, and realise the adoption of best environmental and sustainability practice at all levels of financial institution operations. Verein für Umweltmanagement http://www.vfu.de/index.htm The Verein für Umweltmanagement (VFU) was founded in 1994 to facilitate an exchange of environment protection opinions and experiences within the finance sector in Germany. VFU is the first industry specific association for environmental management in the financial services industry. World Bank – Pollution Prevention and Abatement Han dbook http://lnweb18.worldbank.org/ESSD/envext.nsf/51ByDocName/PollutionPreventionandAbatementHandbook The handbook promotes the concepts of sustainable development by focusing attention on the benefits - both environmental and economic -- of pollution prevention, including cleaner production and good management techniques. Part I contains a summary of key policy lessons in pollution management, derived from practical experience inside and outside the Bank Group over the past decade. Part II presents good-practice notes on implementation of policy objectives, based on experience with the Bank Group projects and on lessons from the policies and practices of other agencies and organizations in this field. Part III provides detailed guidelines to be applied in the preparation of the Bank Group projects. It represents state-of-the-art thinking on how to reduce pollution emissions from the production process.

SUSTAINABLE INVESTMENT

Blue Orchard http://www.blueorchard.ch BlueOrchard is the manager of the Dexia Micro-Credit Fund, which is the first private worldwide and fully commercial microfinance investment fund. It currently services about fifty microfinance institutions in 22 different emerging economies. It's current value: $ 58million. BlueOrchard also advises the responsAbility Global Microfinance Fund since December 2003. BlueOrchard has completed a long-term lending facility generated by the overseas Private Investment Corporation. The structured financial instrument BlueOrchard Microfinance Securities I & II provides loans of 5 to 7 years. The total value of these loans is $ 92 million. BOVESPA – A Bolsa do Brasil http://www.bovespa.com.br/Principal.asp A Bolsa de Valores de São Paulo é o único centro de negociação de ações do Brasil e se destaca como a maior Bolsa de Valores da América Latina, concentrando cerca de 70% do volume de negócios da região. Atua também em renda fixa e é dotada de uma base tecnológica comparável à dos mercados mais desenvolvidos do mundo, a BOVESPA mantém um papel de destaque perante os mercados internacionais, atuando na World Federation of Exchanges (WFE), na Federação Ibero-americana de Bolsas (FIAB) e na International Organization of Securities Commission (IOSCO).

BOVESPA anuncie que Índice de Sustentabilidade Empresarial (ISE) será lançado em 1º de dezembro de 2005. Questionário que definirá portfólio de empresas entra em consulta pública. O documento, elaborado pelo Centro de Estudos em Sustentabilidade da Fundação Getúlio Vargas, está disponível no endereço www.ces.fgvsp.br. Segundo a metodologia do ISE, as empresas são selecionadas de forma integrada, a partir do ‘triple bottom line’ (TBL), conceito introduzido pela consultoria inglesa ‘SustainAbility’, que avalia elementos econômico-financeiros, sociais e ambientais. Aos princípios do TBL, foram acrescidos indicadores de governança corporativa, gerais básicos e de natureza do produto. Carbon Disclosure Project http://www.cdproject.net/ The Carbon Disclosure Project (CDP) provides a secretariat for the world’s largest institutional investor collaboration on the business implications of climate change. CDP represents an efficient process whereby many institutional investors collectively sign a single global request for disclosure of information on Greenhouse Gas Emissions. CDP then send this request to the FT500 largest companies in the world. 300 of the 500 largest corporations in the world currently report their emissions through this website. Dow Jones Sustainability Indexes www.sustainability-index.com Dow Jones Sustainability Indexes (DJSI) was launched in 1999 as the world's first equity benchmark to track the financial performance of sustainability leaders on a global scale. The DJSI

is used as a benchmark for sustainability focused investment products, which comprise mutual funds, certificates, equity baskets and segregated accounts. Ethical Investment Association (Australia) www.eia.org.au The Australian Ethical Investment Association (EIA) is a professional association formed to pool the efforts of those involved in ethical investment, and more efficiently promote the concept and practice of ethical investment to the public. Eurosif http://www.eurosif.org/ The European Social Investment Forum (EUROSIF) is the pan-European stakeholder network whose mission is to encourage and develop sustainable and responsible investment and better corporate governance. Current members of Eurosif include pension funds, financial service providers, academic institutes, research associations and NGO's. The association is a not-for-profit entity that represents assets totalling over €600bn through its membership. Eurosif has two main roles: (1) to provide an international forum in order to help multi-stakeholder groups work together on issues facing SRI and Corporate Governance, and (2) to collect input from members and communicate their ideas and initiatives to European policy makers, including the European Commission as well as the European Parliament. FTSE4Good Sustainability Index www.ftse4good.com FTSE4Good is an index series for socially responsible investment designed by FTSE, one of the world's leading global index providers. FTSE4Good is a series of benchmark and tradable indices facilitating investment in companies with good records of corporate social responsibility. FUNBIO http://www.funbio.org.br/ O FUNBIO - Fundo Brasileiro para a Biodiversidade - é uma associação civil sem fins lucrativos criada em 1995 com o objetivo geral de complementar as ações governamentais para a conservação e o uso sustentável da diversidade biológica do país, em consonância com a Convenção sobre Diversidade Biológica (CDB), de âmbito mundial, e o Programa Nacional da Diversidade Biológica (Pronabio). Sua finalidade específica é operar um fundo para apoio financeiro e material a iniciativas associadas à conservação e ao uso sustentável da biodiversidade no Brasil, a partir dos recursos doados pelo Fundo para o Meio Ambiente Global (GEF - Global Environmental Facility), no valor aproximado de US$20 milhões. Essa doação, feita através de contrato com o Banco Mundial, teve como condicionante a constituição de um mecanismo de fomento eficiente e transparente, capaz de atrair o setor privado como parceiro para o alcance de seus objetivos. Para isso, o aporte de recursos do GEF vem sendo complementado pela captação de recursos, a fim de garantir a continuidade do

Fundo a longo prazo. O FUNBIO pode receber doações de empresas e outras instituições que tenham interesse em se associar aos esforços pela conservação da diversidade biológica e seu uso sustentável no Brasil. Institutional Investors Group on Climate Change (II GCC) http://www.iigcc.org/ The Institutional Investors Group on Climate Change (IIGCC) is a forum for collaboration between pension funds and other institutional investors on issues related to climate change. IIGCC seeks to: - Promote better understanding of the implications of climate change amongst our members and other institutional investors. - Encourage companies and markets in which IIGCC members invest to address any material risks and opportunities to their businesses associated with climate change and a shift to a lower carbon economy. KLD Global Climate 100 Index http://www.kld.com/benchmarks/gc100.html The KLD Global Climate 100 Index is a global index designed to promote investment in public companies whose activities demonstrate the greatest potential for reducing the social and economic influences on climate change. KLD created the Global Climate 100 Index in response to growing demand from institutions and individuals for investment strategies that address global warming. The Index includes an international mix of 100 publicly traded companies that KLD expects will provide near-term solutions to global warming while offsetting the longer-term impacts of climate change through renewable energy, alternative fuels, clean technology and efficiency. At launch, the Index had companies from 16 countries; fifty-four percent of the companies are from North America, 26% from Europe and 20% from the Asia-Pacific region. New Ventures (World Resources Institute) http://www.new-ventures.org/ The New Ventures program of the World Resources Institute supports sustainable enterprise creation in emerging economies by accelerating the transfer of venture capital to outstanding investment opportunities that incorporate social and environmental benefits. New Ventures assists sustainable small and medium-sized enterprises (SMEs) in emerging markets in improving their business plans and strategies, leading to company growth and investment. New Ventures selects SMEs in fast-growth, environmental sectors such as ecotourism, certified wood, organic foods, renewable energy, and clean technologies. These SMEs are seeking capital in the range of $100,000 to $3 million. The program matches entrepreneurs with executive mentors and consultants to improve the enterprise's business plan to present at a New Ventures Investor Forum. After four years of operation, New Ventures entrepreneurs have attracted over $10 million in investment. In addition, New Ventures' companies are opening new markets, growing sales, and becoming leaders in their sectors. By providing sound business opportunities for investors in key emerging economies, New Ventures is demonstrating that investing in sustainable enterprise makes good business sense.

The website contains information about past investor fora and a resource center which includes links to green private equity investment funds and certifiers. New Ventures Brasil http://www.new-ventures.org.br/ Programa New Ventures é uma iniciativa pioneira na América Latina que ajuda empreendimentos sustentáveis a potencializarem seu desempenho no mercado, concedendo-lhes apoio técnico na formulação de planos de negócio e aproximando-os de investidores interessados em investimentos rentáveis, baseados em critérios de responsabilidade social e ambiental. Em operação na América Latina desde 1999, o Programa é um modelo de sucesso na promoção e apoio a empreendimentos sustentáveis e no estímulo a investimentos privados neste setor. Após três anos de atividades com dimensões regionais, o New Ventures passa, em 2004, a atuar localmente, apoiando empreendimentos, alavancando o desenvolvimento de centros de disseminação de informação e a criação de ferramentas sobre empreendedorismo sustentável nos países em que atua. Depois de China e México, o Brasil entra também na rota desta importante iniciativa. O Programa New Ventures Brasil é uma iniciativa do World Resources Institute (WRI), com sede e direção executiva do CES - Centro de Estudos em Sustentabilidade - da FGV-EAESP, em São Paulo, e com parceria do Banco ABN AMRO Real, co-idealizador da iniciativa.

New Ventures Mexico http://www.new-ventures.org.mx/ New Ventures México es el primer programa en el país destinado a catalizar el desarrollo de empresas sostenibles, al acelerar la transferencia de fondos de capital privado hacia proyectos empresariales que generen valor económico, ambiental y social. New Ventures México es un programa conjunto del World Resources Institute (www.wri.org) y el Fondo Mexicano para la Conservación de la Naturaleza (www.fmcn.org.mx), que provee de consultoría especializada, acceso a fuentes de financiamiento e inversionistas, así como otros servicios de alto valor a empresas sostenibles, en sectores como ecoturismo, productos orgánicos, energías renovables, manejo de residuos, madera certificada. New Ventures México aplica un enfoque de mercado en la solución de los problemas ambientales y sociales más importantes del país. Partiendo de la experiencia de New Ventures en Latinoamérica, que en cinco años ha contribuido a transferir alrededor de USD 9 millones a compañías líderes de la región, trabajamos en la creación y desarrollo de empresas que provean productos y servicios innovadores al tiempo que ofrezcan retornos atractivos a sus inversionistas, creen empleos y generen beneficios ambientales. Cada año, New Ventures México ofrece servicios a algunas empresas seleccionadas por un comité compuesto por líderes empresariales, financieros y del desarrollo sostenible. El modelo está enfocado a avanzar a estas empresas en el proceso de obtener inversión privada a través de 3 áreas: ▪ Consultoría en desarrollo de negocios ▪ Asesoría especializada obtención de inversión privada ▪ Enlace con inversionionistas

Red de Fondos Ambientales de Latinoamérica y el Car ibe (REDLAC) http://www.redlac.org/spanish/default.asp Redlac es un grupo de organizaciones que financian acciones de conservación y uso sustentable de los recursos naturales con el propósito de lograr una nueva forma de ser que permita a la humanidad habitar este planeta en equilibrio con las demás formas de vida. Son 23 Fondos Ambientales que, como grupo, manejan aproximadamente US$ 500 millones entre fondos extinguibles, patrimoniales y revolventes y han financiado más de tres mil proyectos a nivel regional" La misión de REDLAC es construir un sistema efectivo de aprendizaje, fortalecimiento, capacitación y cooperación a través de una Red de Fondos Ambientales con el fin de lograr una gestión ambiental sustentable, y conservar el patrimonio natural de América Latina y El Caribe para beneficio de toda su población. Objetivos : - Compartir conocimientos, experiencias, mejores prácticas y metodologías entre los Fondos Ambientales (FANs) de América Latina y el Caribe. - Conectar a los diferentes FANs entre sí a través de los diferentes medios físicos y electrónicos disponibles en un marco de cooperación interinstitucional. - Establecer relaciones estratégicas con otras redes y participar en foros internacionales. - Desarrollar un proceso sistemático y coordinado que permita aumentar y perfeccionar las capacidades y habilidades de los individuos y las instituciones en respuesta a un medio de trabajo cambiante y complejo. - Promover que los FANs desarrollen mecanismos innovadores y herramientas especializadas para conservar la naturaleza y los servicios y funciones que ésta provee. - Promover la colaboración entre los FANs y las autoridades gubernamentales para la promoción de políticas ambientales y acciones conjuntas de conservación entre países (transfronterizas). - Apoyar la operación eficaz de los FANs en temas como manejo de información, manejo financiero, captación de recursos y monitoreo y evaluación de proyectos. - Estimular a los FANs para trabajar en la construcción de sociedades más justas y sustentables. - Vincular a la comunidad de FANs con los organismos donantes como un medio de catalizar los esfuerzos globales por resolver los problemas ambientales. ResponsAbility http://www.responsability.ch responsibility aims to foster a stronger involvement of the private sector in developing countries. It does so by bridging the gap between the financial and development coope-ration markets by offering adequate services and products. responsAbility is advising an innovative investment concept for investors interested in a combination of moderate financial returns and demonstrated social benefits. The main investment focus is Microfinance and Fair Trade. responsAbility provides banks and asset managers the support they need to offer their clients high-quality social investment services and products, efficiently and reliably. For social investors responsAbility offers support tailored to their individual needs and requirements. These services cover the entire social investment process.

SocialFunds.com www.socialfunds.com SocialFunds.com is a website of SRI World Group, Inc., a news, research, and consulting firm that advises clients regarding sustainability investment issues and corporate responsibility practices. The website’s Media and Learning Centers offer comprehensive information about SRI issues. A one-stop-shopping site includes quotes, statistics, definitions, narrative explanations, relevant SRI press releases, and much more, all pertaining to social investing. SocialFunds.com publishes a free newsletter, the “CSRwire”, devoted solely to corporate social responsibility issues. Social Invest Forum www.socialinvest.org This forum site offers information, contacts and resources about socially responsible investment. Forum membership is available to financial professionals and institutions. UNEP Finance Initiative Investment Programme http://www.unepfi.org/work_programme/investment/index.html The UNEP FI Investment Programme Explores how material social, environmental and governance considerations can best be incorporated into investment practice. Current Projects include: - Emerging Market Responsible Investment – Determine how responsible investment and emerging market equity investment techniques can be paired to increase and stabilise equity investment in emerging markets. - Financial Materiality / Materiality 2 – Building on the 2004 project, Materiality 2 will commission and comparatively analyse additional sector reports on the materiality of environmental social and corporate governance information. - The Beacon Project – A survey of the perceptions of young financial analysts on the financial importance of environmental, social and corporate governance issues. Produced in partnership with the World Business Council for Sustainable Development Young Managers Team. - Global Reporting Initiative Investors Consultation Group – Understanding how the next generation of Global Reporting Initiative guidelines can be made more relevant and efficient for investors. - The Principles for Responsible Investment - This process aims to capitalise on the common ground between the goals of institutional investors and the sustainable development objectives of the United Nations by developing best-practice principles for responsible investment. The project is convened by the UN Secretary-General and implemented by UNEP and the UN Global Compact. Reports available for download: "The Materiality of Environmental, Social and Corporate Governance Issues to Equity Pricing" (PDF: 1.1 MB). A comparative analysis of eleven industry sector reports, written by the financial sector, on the financial impacts of environmental, social and corporate governance information (More details...).

"Who Cares Wins" (PDF: 1 MB), a report from the UN Global Compact, endorsed by more than 20 CEOs, that outlines the strategic links between investment and sustainable development. United Kingdom Social Investment Forum www.uksif.org The United Kingdom Social Investment Forum (UKSIF) promotes and encourages socially responsible investment in the UK. The site provides information relating to ethical investment, green investment, shareholder activism, social banking and community finance.

WATER UNEP FI Water Project http://www.unepfi.org/work_programme/water/index.html The UNEP FI work on water builds on the need to create awareness and capacity to the financial community in order to promote their engagement in the water sector by identifying potential challenges and opportunities of water related issues which can bring benefits to their core business and to water sustainability. Activities in 2004-2005 have are concentrating on six major areas: Assessment of opportunities for financial institutions within the water sector. Guided Workshop with financial institutions, export credit agencies and policy makers. Risk Management Guidelines for financial institutions. Risk Management Guidelines for policy makers. Policy brief with SIWI / Swedish Water House. Communications with the financial sector. Study available for download: Challenges of Water Scarcity: a Business Case for Financial Institutions