ECA-Watch Submission to OECD regarding Export Credits for Renewable Energies and Water Projects

Brussels, 26 March 2010

Mr. Steve Tvardik
Head, Export Credits
Organization for Economic Cooperation and Development
Paris, France

Dear Mr. Tvardik,

Thank you for the opportunity to provide comments on the on-going review of the Sector Understanding on Export Credits for Renewable Energies and Water Projects (Sector Understanding) by the Participants to the Arrangement on Officially Supported Export Credits (Participants).

We have outlined our comments starting with our overall concern about ECA financing of fossil fuels and then following this up with specific inputs to sections of the Sector Understanding. It ends with a short conclusion bringing together the main issues to concentrate on.

Overall Issue: The need to end fossil fuel financing

Press Release - Tuesday, August 3, 2004

Business as usual in more ways than one: NGOs say World Bank looks set to miss an historic moment to show that it can learn from its mistakes

Ottawa -  As World Bank staff return to work for the second day under the chilling new terrorist alert in the U.S., all efforts are being made to ensure that their work carries forward as it normally would. But NGOs are concerned that the World Bank will today decide to carry on with “business as usual” in its oil, gas and mining operations even though a World Bank commissioned report called for significant changes to how the Bank invests in mining and oil projects.

African Adventure: the Lesotho Water Highlands Project - September 2, 2003

Canadian Business Journal

BY MATTHEW McCLEARN

COVER DATE: Sept. 2, 2003

Many Canadians cannot point to Lesotho on a map. Some have never heard of it. In the cruel calculus of world politics, business, trade and finance, it is almost completely irrelevant. And yet, this tiny nation landlocked by South Africa must loom large on the minds of executives at Acres International Ltd., an engineering consulting firm based in Oakville, Ont. Its legal representatives are now in the capital, Maseru, for what could be the endgame of the most important battle in the company's 79-year history.

Export Development Canada Environmental Policy Review Submission - August 26, 2009

The Halifax Initiative is a coalition of human rights, environmental, faith-based, development and labour organizations. Our objective is to transform the international financial institutions to achieve poverty eradication, environmental sustainability and the full realization of universal human rights.

The Halifax Initiative supports the review of Export Development Canada’s Environmental Policy and disclosure practices, and is grateful for the opportunity to provide input to the review process.

1. Project environmental and social standards
a. Compliance

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