This report by Above Ground and Justiça Global documents human rights abuse tied to the expansion of the Morro do Ouro mine in Brazil by a subsidiary of Kinross Gold, a Canadian company financed by the government of Canada.
Export Development Canada
In this letter, we urge Canada’s environment minister to ensure that financing provided to oil and gas companies by Export Development Canada (EDC) is included in the government’s review of non-tax fossil fuel subsidies. As the government works towards its stated goal of fighting climate change, the billions of dollars in support EDC provides to the oil and gas sector every year must not be left out of the equation.
Earlier this year, Export Development Canada (EDC) was tasked with running Canada’s new Development Finance Institute. In its new role financing private investment for the purposes of poverty alleviation and sustainable development, EDC will need to adopt robust due diligence practices to ensure the investments it supports respect human rights and the environment.
Following up on a recent report that reveals Canada pours billions of dollars in public financing into fossil fuels each year -- putting our country in 6th place for largest public supporter of fossil fuels among G20 states -- we've written to the prime minister calling for an immediate commitment to end public financing of fossil fuels.
A Canadian deal to finance a luxury Bombardier jet for a controversial South African business family has cast a fresh spotlight on secrecy policies at the federal government’s export credit agency. By Geoffrey York | The Globe and Mail
Our latest correspondence with Export Development Canada (EDC) about human rights violations associated with the operations of EDC clients Pacific Exploration & Production and Ecopetrol highlights our longstanding concerns about the adequacy and transparency of the agency's due diligence practices.