|"Many energy companies have invested in closed or repressive countries -- arguing that their investment would help develop the local economy and thereby improve the human rights situation. But in this case, Enron has invested in a democratic country -- and human rights abuses there have increased. Enron hasn't made things better for human rights; it has made things worse."||
Summary and Recommendations
Table of Contents
V. Ratnagiri: Violations of Human Rights 1997
Appendix A: Correspondence Between Human Rights Watch and the Export-Import Bank of the United States
Appendix D: Correspondence Between the Government of India and the World Bank
To Private and Public Financial Institutions that Financed the Dabhol Power Project
· For public and private institutions that financed the Dabhol Power project, adopt explicit policies in support of human rights and establish procedures to ensure that financing of projects does not contribute to or result in human rights abuses. At a minimum, implement a policy to conduct a human rights impact assessment. Such procedures should involve governmental and nongovernmental actors and should be fully transparent.
· Require that high-ranking officials within financing institutions be appointed to monitor human rights in relation to the Dabhol Power project financing and subsequent human rights developments as Phase I is completed and Phase II begins.
· In order to verify compliance of human rights standards, private institutions that are financing the Dabhol Power project should produce annual reports to shareholders on the companys activities in terms of human rights. Public institutions that are financing the project should report to the public annually in order to demonstrate compliance with these policies.