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June 14, 2002
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"What's New!" is a bi-weekly email
update to keep you informed of the latest uploads onto the website
which features a wide range of materials submitted by over 50 NGOs
actively participating in the coalition. If you would like to be
added onto the recipients list for "What's New!", join
ECA-Action,
the mailing list that disseminates latest articles, commentaries
and announcements around policies and practices of ECAs and ECA-supported
projects around the world. To join, simply sign up from the website,
www.eca-watch.org today!
Questions? Email info@eca-watch.org
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Items:
1 Brazil - 2 Russia - 3 Uganda - 4 UK
5 Arms Trade - 6 Energy and Climate Change
7 Canada - 8 Turkey - 9 Multinational Fora - 10 Russian
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New Sections!
By Countries:
1. Brazil
Angra 1,2 and 3 "Brazilan Nuclear Program" - Moscow,
March 13, 2002
RUSSIA MAY BECOME INVOLVED INTO BRAZILIAN NUCLEAR PROGRAM - EXPORT
CREDITS FOR ANGRA 3 COMPLETION AND ANGRA 1, 2 MODERNIZATION PROMISED
2. Russia
Case Study: Sakhalin II
Excerpted from Leaking Operations: Environmental Consequences of
World Bank and EBRD Involvement in the Russian Oil Sector, by Irina
Baranova, CEE Bankwatch Network 2001.
March 13, 2002
Angra 1,2 and 3 "Brazilan Nuclear Program," Moscow - RUSSIA
MAY BECOME INVOLVED INTO BRAZILIAN NUCLEAR PROGRAM - EXPORT CREDITS
FOR ANGRA 3 COMPLETION AND ANGRA 1, 2 MODERNIZATION PROMISED
3. Uganda
Test case Bujagali: Export credit agencies have recognized that
the Bujagali dam in Uganda does not make economic sense. Funding
the project would undermine the credibility of Nordic development
policies. (The following op-ed piece appears in "Development
Today", the Scandinavian journal on development policy, on
17 May 2002.)
Opinion - By Peter Bosshard
4. United Kingdom
Papers prepared for UK Seminar on Export Credit Agency Reform -
"Beyond Business Principles" House of Commons, May 23,
2002 as follows:
-Recommendations from Friends of the Earth
to the ECGD regarding Sustainable Energy and Climate Change
By Kate Hampton, International Coordinator, Climate Change Campaign,
Friends of the Earth UK
-The case for removing arms from the ECGD's portfolio
By Ann Feltham, Campaign Againstv Arms Trade and Michael Bartlett,
Religious Society of Friends
-"Still Underwriting Corruption? The ECGD’s recent record"
By Susan Hawley for The Corner House
-Call for full disclosure of revenues to all national governments
by transnational natural resource companies and related national
subsidiaries
and business partners
By Global Witness
-Recommendations for the Export Credit Guarantee Department (ECGD)
on Debt and Export Credits
By Romilly Greenhill, Jubilee Research
-The ECGD and the Human Rights Act
By Kerim Yildiz, Kurdish Human Rights Project, and Nicholas Hildyard,
The Corner House
-COMBATING CORRUPTION - RECOMMENDATIONS TO THE UK EXPORT CREDIT
GUARANTEE AGENCY
BY Public Services Ineternational Research Unit (PSIRU), Kirstine
Drew, UNICORN - A Global Unions Anti-corruption Network
Issues:
5. Arms Trade
Paper for UK Seminar on Export Credit Agency Reform - "Beyond
Business Principles" House of Commons, May 23, 2002: The case
for removing arms from the ECGD's portfolio
By Ann Feltham, Campaign Againstv Arms Trade and Michael Bartlett,
Religious Society of Friends
January 2002
Submission from Campagin Against Arms Trade (CAAT) to the Foreign
Affairs Committee's Inquiry into the United Kingdom's relations
with Turkey with reference to Turkey's role in European defence
structures and its prospect for accession to the European Union
By Ann Feltham, CAAT
6. Energy & Climate
Change
Paper for UK Seminar on Export Credit Agency Reform - "Beyond
Business Principles" House of Commons, May 23, 2002; Recommendations
from Friends of the Earth
to the ECGD regarding Sustainable Energy and Climate Change
By Kate Hampton, International Coordinator, Climate Change Campaign,
Friends of the Earth UK
New Uploads!
7. Canada
Export Development Corporation is currently considering financing
the unneeded, uneconomic, and unsafe Cernavoda nuclear power plant
in Romania. An independent review of EDC's fatally flawed environmental
review of this reactor has been released. [read more (Probe International
site)]
8. Turkey
YUSUFELI PROJECT VIOLATES INTERNATIONAL STANDARDS
International Fact Finding Mission releases preliminary report
The planned Yusufeli Hydroelectric in Turkey project violates international
stanards on resettlement, cultural heritage, international waterways
and environmental assessment, according to the preliminary report
of an international fact finding Mission which recently returned
from the region. The Mission calls on the Export Credit Agencies
which are considering the project to refuse support. The Mission
consisted of representatives of Corner House, Friends of the Earth,
Kurdish Human Rights Project, Amis de la Terre, France Liberte and
Ilisu Dam Campaign.
9. Multinational Fora
16th May 2002
Paris - OECD DELIBERATELY IGNORES ITS COMMITMENT TO ENVIRONMENTAL
REFORM OF EXPORT CREDITS
"OECD governments do not know how to move forward with Export
credits reform.They preferred to ignore the failure of the ECG negotiations
and just to go on stating the same old rethorics on sustainable
development promotion. The OECD lacks credibility as it is incapable
of integrating the basic internationally recognised environmental
regulations in global trade and investment."
New Translations
10. Russian:
Excerpts of "Export Credit Agency Finance in Bolivia, Brazil,
Ecuador, Peru, and Venezuela " By Bruce Rich, Stephan Schwartzman,
Aaron Goldzimer, and Amy Boone, Environmental Defense, From: http://www.environmentaldefense.org/programs/International/ECA/southamerica.html
Other
See the newly modified (and extended) list
of actively participating NGOs in ECA Watch and the Jakarta Declaration
Endorsement
Coming soon...
Portuguese translations of ECA campaign material(s)
Romania - The Cernavoda nuclear power plant
Bolivia - Cuiaba pipeline (English, Spanish)
...and more!
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