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New agreement for financing renewable technology a Trojan horse for environmental destruction, NGOs say

G8 Leaders Fail to Make Much Progress at Gleneagles Summit, World Bank given leading role.

Dams Could Win OECD Support
Sanjay Suri

BONN , May 13 (IPS) - The OECD took a controversial decision Friday to consider loans for large dams on favourable terms.

The Organisation for Economic Cooperation and Development (OECD), a grouping of 30 rich nations, took a provisional decision to consider loans for hydropower projects that could be repaid over 15 years in place of the present ceiling of eight-and-a-half years.

The OECD at present allows 15-year repayment for nuclear power projects. The decision Friday brings hydro projects on a par with repayment terms for nuclear projects.

The provisional decision is subject to discussions between OECD officials and experts from several disciplines over the next six months.

Non-governmental organisations want the experts and officials to particularly consider the recommendations of the World Commission on Dams (WCD).

March 29, 2005

The Honourable James Peterson
Minister of International Trade
125 Sussex Drive
Tower B, 5th Floor
Ottawa, ON K1A 0G2

R.e.: Disclosure of information at Export Development Canada

Dear Mr. Peterson

I am writing you on behalf of the Halifax Initiative Coalition, a Coalition of development, environment, faith-based, human rights and labour groups, regarding Export Development Canada’s (EDC) disclosure policy.

January 20, 2004

Export Agency Must Stiffen Bribery Sanctions - Report (IPS)
by Mark Bourrie

OTTAWA, Dec 16 (IPS) - The Canadian agency that underwrites large-scale export projects must adopt tougher rules against bribery by client companies, says a report by a trade union anti-corruption group affiliated with the Organisation for Economic Cooperation and Development (OECD).

EDC ranks poorly in Anti-Corruption Index

Crown Corporation says it is satisfied with safeguards in place, new Report indicates it should not be.

Group blasts weak OECD agreement on environment

Loopholes allow export credit support for harmful projects to continue.

ECA-WATCH PRESS RELEASE