Japan – Export credit

By Daniel Morris | 3. June 2021

Chapter 2. Action Plan

2. Areas of the NAP

(2) Measures of the Government as an Actor regarding State Duty to Protect Human Rights

B. Development Cooperation and Development Finance

(…)

(Future measures planned)

Implement effective measures regarding environmental and social consideration in the fields of development cooperation and development financing

(…)

JBIC (Japan Bank for International Cooperation) has established the Guidelines for Confirmation of Environmental and Social Considerations on the basis of, among others, following discussions:

(…)

– discussions at the OECD, such as the Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence, which requires consistency between public export credit policies and environmental conservation policies. [Ministry of Finance]