This document outlines the views of civil society organizations (CSOs) on revisions to the OECD Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence.
The undersigned organizations welcome the opportunity to provide input on the U.S. International Development Finance Corporation's (DFC) review of its Environmental and Social Policy and Procedures (ESPP).
The U.S. International Development Finance Corporation (DFC) is considering supporting the Syrah Balama Graphite Mine in Mozambique despite local communities not being employed by the project, families not receiving proper compensation and impacted community members being unaware of their rights.
The briefing paper explains why it is important for banks and financiers to prohibit direct and indirect financing to harmful activities which negatively impact or alter free flowing rivers.
The paper, called “Protecting biodiversity from harmful financing: Intact primary and vulnerable secondary forests,” details how banks and financiers are driving forest degradation and deforestation by financing sectors tied to high forest risks.
This document outlines how the OECD Arrangement on Officially Supported Export Credits can align with the Paris Agreement warming target of 1.5°C.
We have a deep interest in ensuring that DFC’s projects adequately address risks to communities affected by these projects, which can undermine the sustainability of DFC’s investments.
The civil society letter highlights China’s commitments to protecting biodiversity, and provides concrete recommendations for how to do so.
Within the next few decades, one million species are estimated to be at risk of extinction1, in which the bio- diversity crisis is now recognized as a global crisis in its own right.