USA – Export credit

Section II: Priority Areas of the National Action Plan on Responsible Business Conduct

3. Priority Area (3) Strengthening Access to Remedy: “[…] agencies and offices will strengthen USG-based due diligence processes and grievance mechanisms in consultation with external stakeholders through the following measures, all of which are further elaborated upon in Section III:

[…]

  • Export-Import Bank of the United States (EXIM): EXIM will engage with Export Credit Agency (ECA) counterparts on strengthening remedy procedures and will engage in public outreach to solicit input on how to improve access to remedy and the efficacy of project-based grievance mechanisms.

(p.12-13)

Section III: Additional National Action Plan Commitments

Table 3: Access to Remedy Commitments

EXIM will “solicit public input on how to strengthen the effectiveness of project-based grievance mechanisms. This will include outreach to interested stakeholders and an opportunity for the public to provide feedback on this subject. This feedback will inform the agency’s efforts to work with other export credit agencies in establishing improved standards for project-based grievance mechanisms as well as its own evaluation of the adequacy of such mechanisms in the project context.”

EXIM will “engage with ECA counterparts on ways to strengthen best practices around access to remedy. Working through the OECD Common Approaches and the Equator Principles, EXIM will review and look to improve the ability for local communities to have meaningful access to remedy.”

(p.24-25)