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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Central Bank Announces Joining the Sustainability Network at IFC

    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty Central Bank Announces Joining the Sustainability Network at IFC

    Post by Rocky Tue 12 Mar 2019, 6:35 am

    Central Bank Announces Joining the Sustainability Network at IFC


    Tuesday 12 March


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    The Central Bank of Iraq (CBK) announced Tuesday that it has joined the IFC Sustainability Network. 

    "The Central Bank has joined IFC's sustainability network," Sumerian News said in a statement. "The Sustainability Framework defines the organization's strategic commitment to sustainable development through the adoption of performance criteria for environmental and social sustainability."




    The Central Bank of Iraq in its statement that "trying hard through the community initiatives adopted and implemented directly and indirectly to achieve this goal emanating from the law, and through the Board of Directors." 

    "In order to keep abreast of the international developments in this field, the Bank announces its joining the IFC Sustainability Network, which includes several countries (developed and developing) in order to implement the principles of sustainability mentioned in the Corporate Governance Guide, (9) Principles. 

    The Central Bank outlined these nine principles as follows: 

    1. Business activities: Banking and environmental risk management - Integrating environmental and social considerations into the decision-making process of the institution's activities to avoid, minimize or compensate negative impacts.

    2. Business Processes: Environment and Social Footprint - Avoiding, minimizing or offsetting the negative impacts of business operations on communities and the environment in which they operate, and where positive impacts can be enhanced. . 

    3. Human rights - respect for human rights in the operations and business activities of the institution. 

    4. Economic Empowerment of Women - Enhancing women's economic empowerment through the workplace culture of both male and female sexes in the business operations of the institution. 

    5. Financial Inclusiveness - Striving to provide financial services to individuals and communities that are traditional and have limited or no access to the formal financial sector. 

    6. Governance - Apply strong and transparent corporate governance practices. 

    7. Capacity Building - Develop individual and sectoral institutions needed to identify social and environmental risk management and opportunities associated with business activities and processes.

    8. Collaborative partnerships - Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit to ensure that the organization's vision is in line with international standards. 

    9. Reports - Review and review reports regularly on the course of progress to meet these principles at the individual and sectoral level.



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    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty The CBI joins the IFC Sustainability Network

    Post by Rocky Tue 12 Mar 2019, 7:02 am

    [size=36]The CBI joins the IFC Sustainability Network[/size]

    02:33 - 12/03/2019

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    BAGHDAD - 
    The Central Bank of Iraq (CBE) announced Tuesday that it has joined the IFC Sustainability Network, which includes nine principles. 
    "The sustainability framework defines the strategic commitment of the institution towards sustainable development through the adoption of performance criteria for environmental and social sustainability," the bank said in a statement received by Mawazine News. "The CBI is striving through community initiatives that it adopts and implements directly and indirectly To achieve this goal emanating from its law, and through its Board of Directors. " 
    "In order to keep abreast of international developments in this field, the Bank announces its joining the IFC Sustainability Network, which includes several countries (developed and developing) in order to implement the sustainability principles set out in the Corporate Governance Guide, (9) principles which included:
    - Business activities: Banking and environmental risk management - Integrating environmental and social considerations into the decision-making process of the institution's activities to avoid, minimize or compensate negative impacts. 
    - Business Processes: Environment and Social Footprint - Avoiding, minimizing or offsetting the negative impacts of business operations on local communities and the environment in which they operate, and where positive impacts can be enhanced. . 
    - Human rights - respect for human rights in the operations and business activities of the institution. 
    - Economic Empowerment of Women - Enhancing the economic empowerment of women through workplace culture for both male and female sexes in the business operations of the institution.  
    - Financial inclusion - the pursuit of financial services for individuals and communities that are traditional and have limited or no access to the formal financial sector.
    - Governance - Implementing strong and transparent corporate governance practices. 
    - Capacity building - Development of individual and sectoral institutions to identify social and environmental risk management and opportunities associated with business activities and processes. 
    - Collaborative partnerships - Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit.  
    - Reports - regularly review and review reports on progress towards meeting these principles at the individual and sectoral level


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    Lobo
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    Central Bank Announces Joining the Sustainability Network at IFC Empty Re: Central Bank Announces Joining the Sustainability Network at IFC

    Post by Lobo Tue 12 Mar 2019, 10:52 am

    Thanks Rocky, seems more is going on than we really know.
    weslin3
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    Central Bank Announces Joining the Sustainability Network at IFC Empty Re: Central Bank Announces Joining the Sustainability Network at IFC

    Post by weslin3 Tue 12 Mar 2019, 12:35 pm

    Great article Rocky... yes
    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty Central Bank Announces Joining IFC Sustainability Netw

    Post by Rocky Tue 12 Mar 2019, 2:31 pm

    Central Bank Announces Joining IFC Sustainability Network

    [You must be registered and logged in to see this image.][You must be registered and logged in to see this link.]Facebook

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    The central bank announced today that it has joined IFC's sustainability network. 
    "We have joined the IFC Sustainability Network, which will be based on the adoption of performance criteria for environmental and social sustainability," the bank said in a statement today (March 12, 2019). 
    "The sustainability framework defines the strategic commitment of the institution and tries to: 1. Business activities: banking and environmental risk management - Integrating environmental and social considerations into the decision-making process of the institution's activities to avoid, minimize or compensate for negative impacts. 2. Business Processes: Environment and Social Footprint - Avoiding, minimizing or offsetting the negative impacts of business operations on communities and the environment in which they operate, and where positive impacts can be enhanced. .[url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A] the[/url] Iraqi [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]Central Bank is[/url] to achieve this goal arising from the law, and through its Board," noting that "the sustainability network includes membership in many countries (developed and developing) in order to apply the principles The sustainability listed in the Corporate Governance Guide (9) is:


    3. Human rights: respect for human rights in the operations and business activities of the institution. 
    4. Economic Empowerment of Women: Enhancing the economic empowerment of women through the workplace culture of both sexes in the business operations of the institution. 
    5. Financial Inclusiveness: The pursuit of financial services for individuals and communities that are traditional and have limited or no access to the formal financial sector.
    6. Governance: Implementing strong and transparent corporate governance practices. 
    7. Capacity Building: Develop individual and sectoral institutions to identify social and environmental risk management and opportunities associated with business activities and processes. 
    8. Collaborative partnerships: Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit International. 
    9. Reports: Review and review reports regularly on the course of progress to meet these principles at the individual and sectoral level.






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    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty Statement) the inclusion of the Central Bank of Iraq to the sustainability network in the Internatio

    Post by Rocky Wed 13 Mar 2019, 6:37 pm

    [size=22][You must be registered and logged in to see this link.][/size]
     
      
     March 12, 2019




    The Sustainability Framework defines the organization's strategic commitment to sustainable development through the adoption of environmental and social sustainability performance standards. The CBK strives, through community initiatives adopted and implemented directly and indirectly, to achieve this objective arising from its law and through its Board of Directors.
    In order to keep abreast of the international developments in this field, the Bank announces that it has joined the IFC Sustainability Network, which includes several countries (developed and developing) in order to implement the principles of sustainability mentioned in the Corporate Governance Guide (9) Principles: -
    [list="box-sizing: border-box;"]
    [*]Business: Banking and Environmental Risk Management - Integrating environmental and social considerations into the decision-making process of the institution's activities to avoid, minimize or compensate negative impacts.
    [*]Business processes: Environment and social footprint - Avoiding, minimizing or offsetting the negative impacts of business operations on communities and the environment in which they operate, and where positive impacts can be enhanced. .
    [*]Human rights - respect for human rights in the operations and business activities of the institution.
    [*]Economic Empowerment of Women - Promoting the economic empowerment of women through the workplace culture of both male and female sexes in the business operations of the institution. 
    [*]Financial Inclusion - Striving to provide financial services to individuals and communities that are traditional and have limited or no access to the formal financial sector.
    [*]Governance - Apply strong and transparent corporate governance practices.
    [*]Capacity Building - Developing individual and sectoral institutions to identify social and environmental risk management and opportunities associated with business activities and processes.
    [*]Collaborative partnerships - Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit to ensure that the institution's vision is in line with international standards.  
    [*]Reports - Review and review reports regularly on the progress track to meet these principles at the individual and sectoral level.  

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    [/list]
    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty Central Bank Announces Joining the Sustainability Network at IFC

    Post by Rocky Wed 13 Mar 2019, 6:39 pm

    Central Bank Announces Joining the Sustainability Network at IFC





    BAGHDAD (Reuters) - Iraq's central bank announced on Tuesday March 12, 2019, that it was joining the IFC Sustainability Network.
    "The Central Bank has joined IFC's Sustainability Network," the bank's statement said in a statement. "The Sustainability Framework defines the organization's strategic commitment to sustainable development through the adoption of performance criteria for environmental and social sustainability."
    The Central Bank of Iraq in its statement that "trying hard through the community initiatives adopted and implemented directly and indirectly to achieve this goal emanating from the law, and through the Board of Directors."
    "In order to keep abreast of the international developments in this field, the Bank announces its joining the IFC Sustainability Network, which includes several" developed and developing "countries in order to implement the principles of sustainability mentioned in the Corporate Governance Guide, 9 Principles ". 

    The Central Bank outlined these nine principles as follows: 

    1. Business activities: Banking and environmental risk management - Integrating environmental and social considerations into the decision-making process of the institution's activities to avoid, minimize or compensate negative impacts. 

    2. Business Processes: Environment and Social Footprint - Avoiding, minimizing or offsetting the negative impacts of business operations on communities and the environment in which they operate, and where positive impacts can be enhanced. 

    3.

    4. Economic Empowerment of Women - Enhancing women's economic empowerment through the workplace culture of both male and female sexes in the business operations of the institution. 

    5. Financial Inclusiveness - Striving to provide financial services to individuals and communities that are traditional and have limited or no access to the formal financial sector. 

    6. Governance - Apply strong and transparent corporate governance practices. 

    7. Capacity Building - Developing individual and sectoral institutions needed to identify social and environmental risk management and opportunities associated with business activities and processes. 

    8. Collaborative partnerships - Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit International.

    9. Reports - Review and review reports regularly on the course of progress to meet these principles at the individual and sectoral level.

    Follow the obelisk
     
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    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty The CBI joins the sustainability network at IFC

    Post by Rocky Wed 13 Mar 2019, 6:42 pm

    The CBI joins the sustainability network at IFC


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    Baghdad
    The Central Bank of Iraq (CBE) announced today that it has joined the IFC Sustainability Network to implement sustainability principles in the Corporate Governance Guide.
    "The Sustainability Framework defines the strategic commitment of the institution towards sustainable development through the adoption of performance criteria for environmental and social sustainability," the bank said in a statement received by Al Akhbar. "The Central Bank of Iraq is striving through the community initiatives adopted and implemented directly and indirectly to achieve This objective emanating from its law, and through its Board of Directors. "
    "In order to keep abreast of the international developments in this field, the Bank announces its joining the IFC Sustainability Network, which includes several countries (developed and developing) in order to implement the principles of sustainability mentioned in the Corporate Governance Guide, The number of (9) principles:

    1. Business: Banking and Environmental Risk Management - Integrating environmental and social considerations into the decision-making process of the institution's activities to avoid, minimize or compensate negative impacts.
    2. Business processes: Environment and social footprint - Avoiding, minimizing or offsetting the negative impacts of business operations on communities and the environment in which they operate, and where positive impacts can be enhanced. .
    3. Human rights - respect for human rights in the operations and business activities of the institution.
    4. Economic Empowerment of Women - Promoting the economic empowerment of women through the workplace culture of both male and female sexes in the business operations of the institution.
    5. Financial Inclusion - Striving to provide financial services to individuals and communities that are traditional and have limited or no access to the formal financial sector.
    6. Governance - Apply strong and transparent corporate governance practices.
    7. Capacity Building - Developing individual and sectoral institutions to identify social and environmental risk management and opportunities associated with business activities and processes.
    8. Collaborative partnerships - Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit to ensure that the institution's vision is in line with international standards.
    9. Reports - regularly review and review reports on progress towards meeting these principles at the individual and sectoral level. "








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    Rocky
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    Central Bank Announces Joining the Sustainability Network at IFC Empty About IFC Overview

    Post by Rocky Wed 13 Mar 2019, 6:44 pm


    [size=36]Overview[/size]


    We work with the private sector in developing countries to create markets that open up opportunities for all.
    IFC—a sister organization of the World Bank and member of the [You must be registered and logged in to see this link.]—is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.
    We leverage our products and services—as well as products and services of other institutions across the World Bank Group—to [You must be registered and logged in to see this link.] that address the biggest development challenges of our time. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our clients and partners overcome financial, operational, and other challenges.
    IFC is also a leading mobilizer of third-party resources for projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.
    Our projects and programs are evaluated by the [You must be registered and logged in to see this link.]. Accountability is ensured by the independent [You must be registered and logged in to see this link.].
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    Central Bank Announces Joining the Sustainability Network at IFC Empty IFC Articles of Agreement

    Post by Rocky Wed 13 Mar 2019, 6:50 pm

    [size=36]IFC Articles of Agreement[/size]



    [size=36]IFC Articles of Agreement[/size]


    [size=36]IFC Articles of Agreement[/size]

    (As amended through June 27, 2012)


    The Governments on whose behalf this Agreement is signed agree as follows:
    INTRODUCTORY ARTICLE
    The International Finance Corporation (hereinafter called the Corporation) is established and shall operate in accordance with the following provisions:
     
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    ARTICLE I
    Purpose
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    ARTICLE II
    Membership & Capital
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    ARTICLE III
    Operations
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    ARTICLE IV
    Organization & Management
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    ARTICLE V
    Withdrawal; Suspension of Membership; Suspension of Operations
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    ARTICLE VI
    Status, Immunities & Privileges
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    ARTICLE VII
    Amendments
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    ARTICLE VIII
    Interpretation & Arbitration
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    ARTICLE IX
    Final Provisions
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    BY-LAWS

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    Central Bank Announces Joining the Sustainability Network at IFC Empty Re: Central Bank Announces Joining the Sustainability Network at IFC

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