1 / 6

Export Credit Agencies and Human Rights

Export Credit Agencies and Human Rights. How do they take human rights into account? For the most part, they don’t Four general models Conflating social with human rights Social + Political risk assessment Actual human rights screening. Model One: Conflating “Social” with human rights.

akina
Download Presentation

Export Credit Agencies and Human Rights

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Export Credit Agencies and Human Rights • How do they take human rights into account? • For the most part, they don’t • Four general models • Conflating social with human rights • Social + • Political risk assessment • Actual human rights screening

  2. Model One: Conflating “Social” with human rights • Common Approaches – environmental and social safeguards (WB and IFC) • Human rights Few social “add-ons” • involuntary resettlement, (OD 4.30) • project-associated health impacts (IFC guidelines) • cultural property (OPN 11.30) • indigenous rights. (OD 4.20) • Approach of most ECAs • Remainder left to host country legislation

  3. Model Two: Social + • Reference in preambles (JBIC, EDC) • Reference to OECD guidelines (Ducroire, Atradius) • Social + (ECGD) • Compliance mechanism (JBIC, EDC, OPIC) • Belgian Model (under discussion) • Ex-Im – Office of Human Rights Assessment (Failed)

  4. Model Three: Political Risk Assessment • EDC assesses PRA at two levels: • Country level risk • Socio-economic equality • Government action on corruption, regime legitimacy and stability • Existence of democratic institutions • Risks of political violence (existing and potential) • Risks of expropriation • Project level risk • Projects relationship with local population • Costs and benefits to the country and local populatoni • Total risk  country+project = risk rating (financial) • Reverse flow analysis (reputational)

  5. Model Four: Actual Human Rights Screening • ECGD take account of social, environmental and HR • Uses a case impact analysis • Company questionnaire • See whether a country has ratified various conventions • Expects companies to comply with these conventions • Categorical prohibition: forced and child labour • Very superficial; other models are more advanced • Human Rights Impact Assessment (Rights & Democracy) • Conflict Risk Impact Assessment (International Alert) • Human Rights Compliance Assessment (Danish Institute)

  6. Where to next? • Conflation of the issues isn’t working • Social+ too ad hoc – more formal advances (regional, international) • PRA limited • Improve screening - HRIA models • International context – who sets the pace • More conditionalities? • Better policies, better projects?

More Related