Press Responses - May 13, 2005

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).

Letter to Minister Peterson regarding disclosure of information at EDC - March 29, 2005

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.


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