Oyu Tolgoi is an enormous copper and gold deposit in Mongolia. The project is jointly owned by Canadian company Turquoise Hill Resources and a state owned enterprise. According to the International Finance Corporation (IFC), estimated project cost is $12 billion. Project proponents seek financing from Export Development Canada, the IFC, the European Bank for Reconstruction and Development and the Multilateral Investment Guarantee Agency, among others. In this document, CSOs argue that the project does not comply with the IFC Performance Standards and provide a series of recommendations.

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.

The candidates being considered for International Monetary Fund’s new boss do not inspire much hope for an institution in need of credibility. Much of the media’s focus has been on the nationality of the candidates rather than on which capabilities are needed to address the IMF’s major challenges: shifting to a more flexible policy orientation and adapting to a changed global economy.

2010 G8/G20 Canadian Civil Society Coordinating Committee
Parliamentary Roundtables on the G8/G20 Agendas

Roundtable 2: The Global Financial Crisis

Monday, April 26th, 2010 5:00 pm - 7:00 pm Room 2-2, National Press Building, 165 Sparks Street, Ottawa

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Dean Baker.mp3

2010 G8/G20 Canadian Civil Society Coordinating Committee
Parliamentary Roundtables on the G8/G20 Agendas

Roundtable 2: The Global Financial Crisis

Monday, April 26th, 2010 5:00 pm - 7:00 pm Room 2-2, National Press Building, 165 Sparks Street, Ottawa

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Roundtable2.mp3

Commenting on The Social and Environmental Sustainability Policy, Performance Standards and Disclosure Policy

Introduction

The undersigned civil society organizations have prepared this joint submission to provide an overview of many of our concerns related to IFC’s Policy on Social and Environmental Sustainability, the Performance Standards, related guidance documents, and the Disclosure Policy. We believe these concerns should be explored and addressed further through IFC’s current consultation and review process.

Governance and institution - Global economic governance in crisis: new players, new power

Moderator: Gordon Betcherman, Professor, School of International Development and Global Studies, University of Ottawa

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Betcherman.mp3

Rules and policies - Raising and retaining funds

Moderator: Teresa Healy, Senior Researcher, Social and Economic Policy
Department, Canadian Labour Congress

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Healy.mp3

Rules and policies - Raising and retaining funds

Questions and answers and discussion

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QandA_3.mp3

Close and summing up

Gerry Barr, President-CEO, Canadian Council for International Co-operation
and Chair, Make Poverty History Canada

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Barr.mp3