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Article

2 May 2004

Author:
NGO Working Group on EDC [Export Development Canada], Halifax Initiative Coalition

[PDF] Risk Responsibility and Human Rights:Assessing the Human Rights Impacts ofTrade and Project Finance

Final Report for a Panel Discussion and Expert Meeting - [Participants concluded that challenges to effective human rights impact assessment include that industry and government largely view them as only a technical hurdle; they rarely give public participation sufficient attention; public disclosure, timing of release, commercial confidentiality and transparency are all highly contentious; measures must be developed to guarantee the quality, independence and appropriate categorization of assessments; and impact assessments are typically conducted too far along into the project cycle.] [P]articipants made recommendations in the final session with respect to three key issues: meaningful participation and stakeholder involvement, the development of ‘no go’ criteria, and the need for better monitoring and compliance. [refers to ABN Amro, Nortel Networks]