OECD Update
A. Criteria for inclusion of large dams in renewable energy incentives approved
A. Criteria for inclusion of large dams in renewable energy incentives approved
(OECD, Paris, 17 November 2005At a November 16th meeting in Paris Participants in the Export Credit Arrangement confirmed the application of the OECD Common Approaches to hydro-power projects, noting that hydro projects will be eligible for new special terms for renewable energy if they meet the requirements of the relevant aspects of all 10 World Bank Group Safeguard Policies in addition to the 3 World Bank Safeguard Policies already included in the Common Approaches. They further recognised the value of other international sources of guidance such as the draft Sustainability Guidelines produced by the International Hydropower Association and the Core Values and Strategic Priorities of the World Commission on Dams Report.
B. Consensus not reached on enhanced Action Statement on Bribery
(ECA Watch, Paris, 22 November 2005) Sources close to the OECD negotiations on an enhanced Action Statement on Bribery and Official Export Credits indicate that a consensus could not be reached in discussions during the week of November 14th in Paris.
A. Criteria for inclusion of large dams in renewable energy incentives approved
(OECD, Paris, 17 November 2005At a November 16th meeting in Paris Participants in the Export Credit Arrangement confirmed the application of the OECD Common Approaches to hydro-power projects, noting that hydro projects will be eligible for new special terms for renewable energy if they meet the requirements of the relevant aspects of all 10 World Bank Group Safeguard Policies in addition to the 3 World Bank Safeguard Policies already included in the Common Approaches. They further recognised the value of other international sources of guidance such as the draft Sustainability Guidelines produced by the International Hydropower Association and the Core Values and Strategic Priorities of the World Commission on Dams Report.
B. Consensus not reached on enhanced Action Statement on Bribery
(ECA Watch, Paris, 22 November 2005) Sources close to the OECD negotiations on an enhanced Action Statement on Bribery and Official Export Credits indicate that a consensus could not be reached in discussions during the week of November 14th in Paris.