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You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes
ESG Risk Management
The fund manager is working to implement IFC Performance Standards as the basis for their ESG risk management in the fund's investments.
We supported the fund manager with a technical assistance program to enable ESG development within the manager. Further ESG Capacity Development will be taking place in the first half of 2020, supported by and coordinated amongst various investors.
Diminshing resources for ESG managment at fund level.
Due to issues at the fund management level, resources managing ESG were reduced while the portfolio remains unchanged.
FMO has taken a more active role in monitoring the existing portfolio. Better resourcing of ESG will be point for discussion once GP will start raising a new fund.