Q.How different are the NEXI Guidelines from those of the Japan Bank for International Cooperation (JBIC)?　(Do you have any plan to develop common guidelines with JBIC?)

A.

There is not much difference between JBIC and NEXI Guidelines though each was established and revised (the latest revision in 2022) based on its own nature of business. As the OECD Common Approaches encourage information sharing among ECAs, NEXI will share its information with JBIC so that we can reasonably implement confirmation process on environmental and social considerations by addressing the following:

• 1. Standardization of a screening form which includes questions for the Applicant and a checklist of items to be confirmed for each sector
• 2. Sharing information pertaining to environmental and social considerations
• 3. Dispatch of field study missions to coincide with those dispatched by JBIC, if at all possible
• 4. Exchange of views with JBIC on findings of respective environmental reviews