Social & Environmental Policy
EFSE's social and environmental policy fits seamlessly into the overall mission of the Fund "to foster economic development and prosperity in the Southeast Europe region". To achieve this, the Fund provides re-financing means to microfinance institutions and banks for the purpose of onward lending to micro and small businesses, as well as to low-income households.
Our responsibility
The social dimension of the Fund's responsibility include
- labour standards,
- working conditions, and
- community impacts (i.e. promotion of public health, protection of cultural heritage, promotion of safety and security, respect of gender equality, anti-discriminatory practices).
The environmental dimension primarily covers impacts on:
- natural and environmental resources,
- biodiversity, and
- communities, where access to water and unpolluted air are ensured.
The Fund and its partner institutions strictly adhere to this social and environmental policy.
