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Multinational Fora

Did You Know?

One of the main battlegrounds for holding ECAs accountable to global best practices and standards is the common ground of multinational fora. Important fora where civil society organizations try to exert pressure to improve ECA-backed projects include the European Union (i.e. the European Commission, the Council and the European Parliament) and the Organization for Economic Cooperation and Development (OECD). One worrisome development in 2005 is the effort of ECG members to include large hydro dams in a category of renewable energy projects eligible for beneficial financing terms. ECA Watch has taken a firm stance in opposition to this back door to big hydro.

* Important Background Documents on Multinational Fora
* News Items 2004-2005
* News Items 2002-2003
* News Items 2000-2001

Important Background Documents

Documents and News on the OECD

Documents and News on the EU

News 2004-2005

Some ECA clients get untied credit while renewable energies don't . August 2005 NGOs question why some ECAs can be flexible for some projects yet cannot reach consensus on these conditions for renewable energy local costs.

ECA Watch Opposes Funding Incentives for Large Hydro Dams [PDF] April 2005 Read more at the OECD news page.

News 2002-2003:

Blair's summit rebuff to Bush September 2, 2002 The Guardian - Blair "also provided an incentive to British exporters of such technology by announcing £50m a year in export credit guarantees earmarked for renewables."

EXPORT DEVELOPMENT CANADA-BACKED MINE LEAVES A SEA OF CYANIDE April 10, 2002 Groups call on G8 Environment Ministers to Improve Environmental Standards of ECAs.

Letter From NGOs Sent to Sir Mark Moody-Stuart, Co-Chairman of the G8 Task Force on Renewables February 14, 2002 "Both the OECD and the G8 mandates for environmental reform of ECAs had deadlines of the end of last year. And after years of negotiations (taking place within the OECD), there is deadlock."

News 2000-2001:

Financing Disaster: How the G8 Funds the Proliferation of Nuclear Technology [PDF] June 2001

Letter from NGOs to the German Chancellor Schroeder on the German position on negotiations for an environmental agreement for Export Credit and Investment Insurance Agencies (ECAs) at the OECD September 17, 2001

For more information, contact the ECA Watch Facilitator.

ECA Watch Campaign Member Links:

FERN, Judith Neyer - www.fern.org

Pacific Environment , Doug Norlen - www.pacificenvironment.org