(ECA Watch, Ottawa, 30 December 2011) In June 2007, the OECD’s Export Credit Working Group agreed “in the light of experience, [to] review all elements of [the Common Approaches] Recommendation not later than the end of 2010 and report to Council.” After more than a year of negotiations, they have failed to agree on revisions of the standards for addressing environmental issues relating to exports of capital goods and services. ECA Watch presented two sumissions to the 14 November OECD Export Credit Working Group CSO consultation covering our comments on both the Common Approaches and the Sector Understanding on renewable energy, climate change mitigation and water projects.
OECD fails to agree on revised Common Approaches on export credit & the environment
