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New set of Equator Principles criticized for failing to uphold indigenous rights and combat climate change

Following the commitment by the Equator Principles Association to review and update the Equator Principles in 2017, an updated version of the Equator Principles, EP4, was released in November 2019. Despite calls from civil society groups to stop funding climate disaster & abuses of Indigenous rights, the updated set of principles contains “no meaningful improvements” and “completely fail to meet the challenges of protecting Indigenous peoples’ rights and combating climate change”, according to BankTrack.

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