Mr. Andrew McDowell:

We have two basic forms of conditionality. One is the creditworthiness of the project. We have to be sure we are going to get our money back. At the end of the day, we are a bank. This is not grant aid. We have to do a very intensive credit analysis in respect of the ability of the borrower to refinance. The project itself does not necessarily have to be able to raise the cash, however.