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  Environmental and Social Aspects 

The term "environmental and social aspects" is used in a broad sense to also incorporate project-related human rights issues. These include, for example, the protection of cultural assets, involuntary resettlement, impacts on indigenous peoples and forced and child labour.

  OECD Guidelines on Environmental and Social Aspects

In 2016, the Common Approaches were once again revised and adopted by the OECD Ministerial Council. more

  International Developments Outside the OECD

The OECD also observes the developments in non-OECD countries regarding the further consideration of environmental and social criteria when it comes to granting guarantees or providing finance. more

  Austrian Environmental and Social Policy for Export Guarantees

OeKB acts on behalf of the Republic of Austria in the administration of export credit guarantees and does so in compliance with the Sustainability Policy of the Export Promotion System. As early as 2000, the Austrian Federal Ministry of Finance commissioned OeKB with the development and application of a procedure for the assessment of the environmental impact of transactions involving export guarantees. more

  Austrian Environmental and Social Assessment Procedure

The environmental and social assessment procedure applied by OeKB is based on the Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (The "Common Approaches") and on the Sustainability Policy of the Export Promotion Procedure. more


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