Korean Eximbank holds OECD Environmental and Social Practitioners' Meeting

(Korea Times, Soeul, 24 October 2022) The Export-Import Bank of Korea (Eximbank) is holding a meeting of environmental and social practitioners October 24-25 to help address environmental and social issues when providing officially supported export credits. Eximbank is co-hosting the 46th OECD Environmental and Social Practitioners' Meeting in Seoul jointly with the Korea Trade Insurance Corporation. The meetings have been held at the OECD headquarters in Paris in the first half of each year, while the meetings for the second half are held in one of the member countries. Around 50 experts from 25 OECD member countries are participating, sharing ideas to evaluate the environmental and social impact of projects and policies and practices related to due diligence where official export credit support is requested, as well as minimizing such impact. A Korean Eximbank employee was appointed in 2018 as chair of the OECD Working Party on Export Credits and Credit Guarantees, an entity established in 1963 under the Trade Committee of the OECD