Donations needed to help villagers near Canadian mine
Villagers in Brazil need help to test the safety of their water. They live near a Canadian-owned gold mine and fear that their water supply may be contaminated by toxic waste.
Blog
With new limits on coal but none on oil and gas, EDC’s climate policy misses the mark
Last month Export Development Canada released its climate change policy. The policy does not commit the agency to reducing the billions of dollars in support it provides the oil and gas sector each year.
Ituango dam crisis exposes accountability gap at EDC
In May, 120,000 people in northwestern Colombia were endangered by the potential collapse of a hydroelectric dam being developed by Empresas Públicas de Medellín (EPM), a client of Canada’s export credit agency. EPM is currently under investigation for possible corruption and environmental damage linked to the project.
The 10-billion dollar elephant in the room
As leaders of the world’s richest countries gather at the G7 summit today, Canada’s prime minister intends to push for a commitment on climate change in the meeting’s final statement. But the government’s slow progress on a 2009 pledge to eliminate fossil fuel subsidies raises questions about Canada’s own commitment to cut emissions.
Protestor deaths draw attention to years of misconduct by EDC client Vedanta
Last month 13 people protesting the expansion of a copper smelter owned by Vedanta Limited were shot and killed by police in the Indian state of Tamil Nadu. Vedanta Ltd. is financed by the Canadian government despite being blacklisted on human rights and environmental grounds by many investors.
Auditor general finds stunning deficiencies in risk management at Canada’s export bank
Above Ground has long questioned Export Development Canada’s assessment of environmental and human rights risks posed by its clients' operations. Now the auditor general is warning there are “significant deficiencies” in the agency’s overall management of risk.