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Artikel

23 Jun 2010

Autor:
UN Special Representative John Ruggie

[PDF] Remarks by SRSG John Ruggie - "Engaging Export Credit Agencies in Respecting Human Rights" OECD Export Credit Group’s "Common Approaches" Meeting

As I see it, ECAs potentially are running two risks in relation to human rights. The first is the risk that a client’s business activities or relationships contribute to human rights abuse abroad, with the moral, reputational, political and in some cases legal implications this entails for an ECA itself. The second is the financial risk to the project that may result from its adverse impact on the human rights of individuals and communities, which in turn could affect the ECA’s own exposure. These risks are inextricably linked. But in the case of many if not most ECAs, they are currently unknown and unmeasured. Why is that the case? Why do you not, as a matter of course, practice human rights due diligence yourselves, and require it of projects you support?