Environmental and human rights classification of transactions
EKN classifies transactions in terms of the risks pertaining to environmental and human rights in accordance with the OECD’s Common Approaches.*
The different risk classes
Category A means that exports will be used in an activity with risk of significant negative impact, B means a risk of some impact and C means limited or no impact.
Category A projects
For category A-projects, either in or near sensitive areas (irrespective of the value of EKN’s share) or where the value exceeds SEK 100 million, an Environmental and Social Impact Assessment (ESIA) will be made public on EKN’s website under the heading “Current Class A projects for decision” at least 30 days before EKN’s final decision in order to receive input on the transaction. This procedure is in accordance with the OECD Recommendation on Common Approaches to the Environment and Officially Supported Export Credits.
In addition to OECD’s recommendations, EKN also publishes information about Category A projects valued in excess of SEK 100 million that EKN reinsures. For reinsurance, EKN bases its environmental and social assessment on the evaluation that has already been conducted by the export credit agency that has applied for reinsurance with EKN.
Current Category A projects for decision
Railway between Makutopora and Isaka, Tanzania
Current Category A project for decision.
Railway between Makutopora and Isaka, TanzaniaRosh Pinah zinc lead mine, Namibia
Current Category A project for decision.
Rosh Pinah zinc lead mine, NamibiaOffshore windfarm, United Kingdom
Current Category A project for decision.
Offshore windfarm, United KingdomGreenstone Gold Mines project, Canada
Current Category A project for decision.
Greenstone Gold Mines project, CanadaBornholm Energy Island, Ostwind 4 and SuedOstlink+, Germany
Current Category A project for decision.
Bornholm Energy Island, Ostwind 4 and SuedOstlink+, GermanyDocuments
Category A and B projects over SEK 100 million
Since 2019, EKN has published information about Category A and B projects valued in excess of SEK 100 million that have been guaranteed in previous years.
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