East African shilling in 1952, the birr, which was already in use in Ethiopia, was adopted in Eritrea. A new version of the currency is proposed by the East African Community, which consists of Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan. It had been proposed that the Second East African shilling be introduced into circulation in 2012, but the target was not met. A second target date was set to 2015, but also not met. The third target date is 2024. In 1921, notes were issued by the East African Currency Board in denominations of 5, 10, 20, 100, 200, 1,000 and
Equator Principles through their clients that make global banks such important targets in climate change. Equator Principles The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in project finance. It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. As at April 2018, 92 adopting financial institutions in 37 countries have officially adopted the Equator Principles, covering the majority of international Project Finance debt in emerging and developed markets. The Equator Principles, formally launched in Washington DC on 4 June 2003, were based