Non-performance risk assessment
Last updated
Last updated
The risk of non-performance of projects registered with ICR is addressed with an adjustment account held and operated by ICR. Projects issuing ICCs ex-ante, not covered by an insurance for non-performance risk, shall deposit to the adjustment account irrespective of sector and project type adjustment credits subject to risk assessment on non-performance. To determine adjustment account contribution ICR conducts a risk assessment of non-performance of projects, utilizing insurance quality underwriting criteria.
To conduct the assessment ICR may rely on external risk advisors from the insurance industry.
This template is for use by ICR's risk assessor, not the project proponent.