OECD Common Approaches’ revision (2016)

On April, 6 the OECD Council approved a revised Recommendation “Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (the “Common Approaches”)”. This is the third revision since the first official adoption of the Common Approaches in 2003, after those in 2007 and 2012. The revised Recommendation is publicly available at the OECD web site (www.oecd.org) as well as on SACE page on “Environment”. The next revision is planned in three years, by 2019.