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- Specific Instance to the UK NCP under the OECD Guidelines for Multinational Enterprises filed by Global Witness against UK Export Finance
Specific Instance to the UK NCP under the OECD Guidelines for Multinational Enterprises filed by Global Witness against UK Export Finance
Geography
International
Year
2020
Document Type
Litigation
About this case
Filing year
2020
Status
Decided
Geography
International
Court/admin entity
OECD → United Kingdom National Contact Point
Case category
Suits against corporations, individuals (Global) → Corporations (Global) → Climate damage (Global) → Disclosures (Global) → GHG emissions reduction (Global)
Principal law
–
At issue
Whether UK Export Finance was in breach of the OECD Guidelines for Multi-national Enterprises by failing to contribute to the goals of the Paris Agreement, disclose emissions, and rapidly phase out support for fossil fuels.
Topics
, ,
Documents
Filing Date
Document
Type
Topics
Beta
Search results
09/09/2020
Decision
–
Summary
On March 16, 2020 Global Witness filed a "specific instance" before the UK National Contact Point for the OECD Guidelines for Multinational Enterprises against UK Export Finance. The complaint argued that UK Export Finance was in breach of various chapters (Chapter III, Article 3 (sub-sections A, B and C), Chapter VI, Article 1 (sub-sections A, B and C), and Chapter VI, Article 4, Article 6 (sub-sections B, C and D)) of the Guidelines as a result of its ongoing support for fossil fuel projects.
In September 2020, the UK NCP rejected the complaint and refused its good offices on the basis that UK export Finance was not a multinational enterprise and the complaint was therefore out of scope.
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Group
Topics
Policy instrument
Risk
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance