Nuclear

EDC Compliance Officer response (4) Re: Cernavoda - October 22, 2003

October 22, 2003

Mr. Fraser Reilly-King
Halifax Initiative
153 Chapel Street, Ste 104
Ottawa ON KIN 1H5

Re: Compliance program file number 2236--1-1-2003

Dear Mr. Reilly-King:
With this letter, I would like to report to you the status of the compliance program review of your letter of complaint dated July 28, 2003.

To reiterate, in your letter, you alleged that Export Development Canada (EDC) "violated the spirit of its disclosure policy, environmental review directive [(ERD)] and Code of Business Ethics" in relation to the Cernavoda 2 nuclear power plant transaction in Romania. You set out specific sections of each policy and proffered substantiating information for the allegations of non-compliance. You saw my role "as interpreting these policies in ways that ensure that they are implemented to their best intent."

Race to the Bottom, Take II (September 2003)

Race to the Bottom IIClick here for pdf

Significantly destructive projects that violate host country law, international environmental standards and international human rights and labor laws continue to be considered and supported by ECAs. "Race to the Bottom, Take II: An Assessment of Sustainable Development Achievements of ECA-Supported Projects Two Years After OECD Common Approaches Rev 6" presents a civil society proposal for reforming the OECD Common Approaches on Environment and supports the proposal with nine case studies of ECA-backed projects from all over the world.

The projects include the Aracruz Pulp and Paper Factory in Brazil, the BTC pipeline in Azerbaijan, Georgia and Turkey, the Bujagili dam in Uganda, the Camisea oil and gas project in Peru, the Cernavoda 2 Nuclear Reactor in Romania, the Sakhalin II oil and gas project in the Russian Far East, the Sepon Gold and Copper mine in Lao, the Tehri dam in India.

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