The international civil society network, ECA-Watch, provides substantive input on the latest iteration of the OECD 'Common Approaches' regarding export credit agencies.
The role of the World Bank in climate finance; Europeans raise the bar on export credit disclosure; the FTT; glacier protection in Argentina; new UN working group.
ODA accountability consultation; World Bank dumps human rights; Bank report on extractives ignores reality.
Ruggie guidelines stir debate
In 2008, the UN Human Rights Council extended Special Representative John Ruggie’s mandate on business and human rights. Among other things, the Council asked Mr. Ruggie to identify “concrete and practical recommendations on ways to strengthen the fulfilment of the duty of the State to protect all human rights from abuses by or involving transnational corporations.”
Financial Transaction Tax feasible, says report
2010 G8/G20 Canadian Civil Society Coordinating Committee
Parliamentary Roundtables on the G8/G20 Agendas
Roundtable 2: The Global Financial Crisis
Monday, April 26th, 2010 5:00 pm - 7:00 pm Room 2-2, National Press Building, 165 Sparks Street, Ottawa
Brussels, 26 March 2010
Mr. Steve Tvardik
Head, Export Credits
Organization for Economic Cooperation and Development
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
Government accountability bill returns to the House
On March 3, the Governor General will open a new session of Parliament, ending the recess created when the Harper government prorogued the previous session in December. All legislation that was under consideration at that time was extinguished, with the exception of private members’ bills, which return to the House, unscathed. These bills begin anew at whichever stage of the legislative process they had reached before the plug was pulled on Parliament.
CSOs push for Common Approaches revamp
Members of the Organisation for Economic Co-operation and Development (OECD) are currently reviewing a 2007 Council Recommendation regarding export credit agency (ECA) operations. The Recommendation on Common Approaches on the Environment and Officially Supported Export Credits (Common Approaches) is a “gentlemen’s agreement” that seeks to establish a level playing field regarding ECA environmental practice. CSOs argue that the Recommendation’s impact is undermined by the lack of effective accountability mechanisms to ensure consistent and effective application by member governments.
OECD, Export Credit Division, Trade Directorate
2, rue André-Pascal
Paris Cedex 16 - France
Brussels, 12 January 2010.
Further to your letter of December 2009, you will find below the elements that ECA-Watch and Amnesty International would like to see addressed and revised in the review of the 2007 Revised Council Recommendation on Common Approaches on the Environment and Officially Supported Export Credits (Common Approaches). We believe that the 2010 Common Approaches Review must consider these issues in order to improve ECA standards and practices and to meet the objectives set out in the Recommendation.