Sector - Pulp and Paper
Section Articles
"Race to the Bottom, Take II" (September 2003)
This report critiques Revision 6 of the OECD Common Approaches on environment and export credits, and documents nine projects (including the Cernavoda2 nuclear power plant and the Three Gorges dam) which have had devastating environmental, social and human rights impacts, and which have all received (or will soon recieve) funding by Export Credit Agencies, including Canada's EDC. The report argues that the Common Approaches did little to mitigate the devastating social, environmental and human rights impacts of ECA-funded projects.
Reckless Lending - Volume II: How Canada's Export Development Corporation Puts People and the Environment and the Environment at Risk (May 2001)
Like the Report Reckless Lending Volume 1, Volume II documents the negative impacts of several projects financed by Canada's Export Development Corporation (EDC). These publications demonstrate clearly the need to ensure that EDC, a public agency, be required by law to uphold public policies and international standards protecting human rights, the environment and the social needs of communities (May 2001).
Press Responses : Tuesday, May 15, 2001
NGO group slams Export Agency's 'Reckless Lending' (Ottawa Citizen)
Press Responses : Tuesday, May 15, 2001
Group wants crown-owned bank to follow environmental act when dealing loans (Canadian Press)
Press Responses : Sunday, March 19, 2000
`This is a race to the bottom': Crown agency spends billions secretly backing environmentally destructive projects others won't touch. Export Development Corp. `will do anything,' critic says; EDC VP insists agency 'routinely' turns down projects that are environmentally `risky' (Ottawa Citizen)
