Export Credits Guarantee Department and sustainable development seventh report of session 2002-03 report, together with formal minutes, oral and written evidence

House of Commons papers 2002-03 689

Format:

Corporate Author:

Great Britain Parliament House of Commons Environmental Audit Committee

Author:

Horam John chairman

Publisher:

TSO (The Stationery Office)

There are 76 export credit agencies (ECAs) in 61 countries, usually Government-sponsored agencies that use taxpayers' money to promote domestic companies in export markets by offering a degree of protection from political and commercial risks. The ECA for the United Kingdom, the Export Credits Guarantee Department (ECGD), is among the largest and most influential ECAs in the world. The Committee's report examines the extent to which ECGD has successfully incorporated a commitment to sustainable development and multilateral action into its policies and operations and to identify the scope for further integration of sustainable development principles.