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Article

12 Nov 2012

Author:
Amnesty International

[PDF] Review of the OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence

Amnesty International consistently stressed the need for the Common Approaches (Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence) to adopt a robust human rights framework by adopting, at a minimum, the Universal Declaration of Human Rights and the United Nations core human rights conventions. However, the standards used by the Common Approaches to benchmark project- related impacts remained the International Finance Corporation’s (IFC) Performance Standards. The IFC’s revised Performance Standards fall far short of the human rights due diligence requirements set out in the UN Guiding Principles on Business and Human Rights...

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