ECA Watch: International NGO Campaign on Export Credit Agencies Export Credit Agencies: A Ball and Chain for People and the Environment
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Environmentalists launch unprecedented legal attack against British Petroleum and Caspian Pipeline Partners

Press conference Tuesday, April 29, 10:30
Room 149, Centre international de conference,
19 avenue Kleber, Paris 16eme, M‹ Kleber

As finance ministers and business leaders gather in Paris for the Organization for Economic Cooperation and Developmentfs (OECD) Forum 2003, environmental organizations today submitted complaints to the governments of the U.K., France, Germany, Italy, and U.S., charging that BP and its consortium partners[1] in the proposed Baku-Tbilisi-Ceyhan (BTC) oil pipeline are breaching the OECDfs Guidelines for Multinational Enterprises.

The OECD Guidelines oblige companies to gcontribute to sustainable development and to refrain from seeking or accepting exemptions from environmental, health, safety, labour, taxation and other legislation.h The NGOfs charge that the consortium has negotiated agreements that openly flout this obligation, thus shifting the environmental and human rights risks of the project unto the local population.


E Helene Ballande, Les Amis de la Terre, France

E Nicholas Hildyard, The Cornerhouse, UK

E Jon Sohn, Friends of the Earth US

E Heike Drillisch, WEED, Germany

will present the complaints and answer questions about what they have discovered about this project.


The Baku-Tbilisi-Ceyhan (BTC) oil pipeline is a proposed pipeline that would span 1,056 miles (1,760 kilometers) from the Azerbaijan capital of Baku, through T'bilisi Georgia, ending in the Mediterranean city of Ceyhan, Turkey. A gas pipeline also is planned to follow the same route. British Petroleum (BP) is the lead sponsor; there are nine other participants. They are seeking financial and political support of their countries export credit agencies, the European Bank for Reconstruction and Development and the World Bank Group.


For more information, contact Nick Hildyard at: + 44 777 37 50 534

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[1] The Baku-Tbilisi-Ceyhan Consortium (BTC Co) is comprised of BP, which has controlling interest, as well as 9 companies from 8 other nations: SOCAR (Azerbaijan), Unocal, ConocoPhillips, (US) Statoil (Norway), TPAO (Turkey), ENI (Italy), TotalFinaElf (France), Itochu, Inpex (Japan), and Delta Hess (joint US-Saudi).

Find Out More...

Background Information:
ECAs Explained: Background document on what ECAs are, how they work, and what their impacts are
Unusual Suspects: Unearthing the Hidden World of Export Credit Agencies (May 2002)
Comprehensive introductory report on ECAs and their impacts, with illustrative case studies

The NGO Jakarta Declaration on ECA Reform
The document which outlines the goals and objectives of the campaign

 

 

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