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Newswire on the IFIs

  • Bangladesh exposes flaws in World Bank's Doing Business Index
  • A flawed 'Doing Business' report
  • Risk and accountability: What role for the Inspection Panel?
  • Rio Tinto gets Australian government loan for Mongolian mine project
  • Deutsche Bank and IFC accused of bankrolling Vietnam firms' land grabs
  • World Bank data on measure of global poverty level faulted
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EDC regulation

ECA and IFI -funded projects

This page links to information concerning a number of projects on which we have worked, in solidarity with local communities. In some cases, the projects rely on World Bank funding. In others they involve Canadian companies that may be seeking, or have secured, financial support from Export Development Canada (EDC). Sometimes they involve both. Regardless of the source of funding, in all cases, communities have contacted us because they are concerned about the significant adverse environmental, social and human rights impacts of the projects.

UN Forum on Business and Human Rights

The UN Working Group on Business and Human Rights held its first forum on December 4 and 5 in Geneva. The Halifax Initiative spoke at the forum on a panel concerning public financial institutions and human rights. ECA-Watch, CIEL and BankTrack disseminated the attached document at the forum containing analysis and recommendations regarding financial institutons and human rights.

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Issue Update - October 31, 2012

This month we examine 'odious investment' - Mongolia Undermined; (Mis)Investment in Agriculture; More than Bricks and Mortar; and the Canada Pension Plan Investment Board.

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Communities and Government Officials Redraw Borders that Barrick Seeks to Dissolve

Statement by the Halifax Initiative, the Latin American Observatory of Environmental Conflicts and MiningWatch Canada concerning Barrick Gold's disasterous second quarter results and its 'star' project, Pascua Lama.

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Desperately Seeking Sanction: Canadian Extractive Companies and their Public Partners

Article prepared for the 'Global Capital, Global Rights' workshop convened by SFU and UBC. The text discusses civil society efforts in support of Bill C-300, legislation that sought to create accountability mechanisms regarding the provision of government support to Canadian extractive companies that operate overseas.

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Barrick Gold Fails to Obtain Financing for Pascua Lama

Statement by the Latin American Observatory of Environmental Conflicts concerning Barrick Gold's failure to secure financing from Export Development Canada and the U.S. Export-Import Bank for its Pascua Lama project on the border between Chile and Argentina.

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Monthly Issue Update - January 31, 2012

Energy poverty, climate change and the World Bank; Durban postmortem.

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Chilean and Argentine organizations question EDC due diligence

In this letter to Export Development Canada and the U.S. Export-Import Bank, Chilean and Argentine organizations express harsh criticisms regarding the public agencies' due diligence processes concerning Barrick Gold's application for support for Pascua Lama.

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ECA-Watch urges UN to address human rights impact of export credit

ECA-Watch submission to the UN Working Group on Human Rights and Transnational Corporations and Other Business Enterprises regarding the importance of including public finance on its agenda.
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Monthly Issue Update - November 30, 2011

Transparency and the international economy; Cannes G20 postmortem; export credit agencies fail on human rights.

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