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Resources: Dams, Export Credit Agencies

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Ilisu Dam: Downstream Water Impacts and Iraq
Report of Fact Finding Mission to Iraq, 29 March 2007
The Corner House and Kurdish Human Rights Project

25 April 2007

In March 2007, the export credit agencies (ECAs) of Austria, Germany and Switzerland approved financial guarantees for the proposed Ilisu Dam on the River Tigris in the Kurdish region of Southeast Turkey. They stated that Turkey had provided the two downstream countries, Syria and Iraq, with the information these countries had sought about the Dam, and that Iraq had agreed to the project. Neither claim is true, according to Iraq's Minister of Water. By approving funding before Iraq and Syria had been consulted, the ECAs could be in violation of international law.

file iconIlisu Downstream Impacts

A Trojan Horse for Large Dams
How export credit agencies are offering new subsidies for destructive projects under the guise of environmental protection
ECA-Watch

27 September 2005

Northern governments may grant more export credits for large dams by classifying them as "renewable energy". This report details the negative impacts of five large dams and one water privatisation scheme financed with export credits.

The OECD Arrangement and New Subsidies for Dams
The Case for Strengthened Standards
Nicholas Hildyard, The Corner House, UK; and Eliah Gilfenbaum, Environmental Defense, USA

27 September 2005

This paper documents new subsidies that ECAs may give for large dams; evaluates the accompanying standards that ECAs may require for dam projects; and identifies future ECA actions if funding for dams is not to have negative environmental and social impacts.

file iconStrengthened Standards

The Ilisu Dam, the World Commission on Dams and Export Credit Reform
The Final Report of a Fact-Finding Mission to the Ilisu Dam Region
Ilisu Dam Campaign; the Kurdish Human Rights Project; The Corner House; World Economy, Ecology and Development; Eye on SACE Campaign and Pacific Environment Research Center

16 October 2000

The companies that want to build the controversial Ilisu Dam on the River Tigris in the Kurdish region of Southeast Turkey have sought financial backing from the export credit agencies (ECAs) of their countries. In January 1999, the ECAs attached four conditions to be met before they would issue export credits. During 9-16 October 2000, an international Fact Finding Mission of Non-Governmental Organisations from the UK, USA, Germany and Italy went to the region of the proposed dam to assess the Turkish government's progress meeting the four conditions.