Index for 2020

December 2020

  • UKEF to stop funding overseas fossil fuel projects?
  • EU Commission Approves €625 Million Italian Scheme to Counter COVID-19 Impacts
  • EXIM is helping American workers and keeping China at bay
  • Unions oppose EXIM relaxation of domestic content rules
  • Korea's Eximbank provides $500 mil. for Mozambique gas project
  • Too Many Eggs in the Dragon’s Basket? Part Two: Diversifying Australia’s Export Base
  • UK widens access to export loans as post-Brexit transition ends
  • UKEF concerned over ‘largely unused’ export credit facility
  • Ugandans question ECA supported EACOP pipeline vs energy transition
  • UAE, Israel export credit agencies sign trade cooperation deal
  • Ukrainian-UK Defense Cooperation: Will UKEF Have Kyiv’s Back?
  • Massive SACE loan from Italy to Egypt
  • Shipping lenders face carbon cutting shortfalls despite Poseidon Principles
  • Swedish ECAs propose $2-billion credit for aviation development in Vietnam
  • Norwegian Air secures court protection over €4.1bn debts
  • Hungarian & Russian ECAs sign $1.17 billion Egyptian rail deal
  • Russian Export Forum to focus on COVID-driven incentives for businesses
  • China, Japan, and S. Korea see $205 billion renewable energy market in Southeast Asia
  • Crisis response: a paradigm shift for ECAs

November 2020

  • Public ECA money guarantees 'risky' fossil fuel projects: experts
  • Western governments suspend talks on new ECA rules
  • Only a fifth of climate finance goes to adaptation as share of loans grows
  • International Chamber of Commerce urges G20 to increase ECA support to safeguard small corporations
  • Mapping the impacts of ECAs active in Africa
  • Berne Union Yearbook 2020
  • JBIC to lend Nissan $2B for U.S. sales financing
  • Mexican ECA seals US$600mn credit facility for Covid-19 response
  • What you need to know about Nigeria’s $1.2bn export loan from Brazil
  • Bombardier cooperating with SFO corruption investigation

October 2020

  • ECAs and Green Recovery
  • Africa and ECAs remain at the heart of big oil strategy despite oil export debt
  • UKEF could support 42,000 jobs annually by 2035 by switching focus to renewables
  • EU publishes 4th amendment to Temporary Framework for state aid to corporations re COVID
  • The natural resource curse in Mozambique
  • EXIM President: Battling China's predatory economics
  • FY 2021 Funds Available for Agricultural Export Credit Guarantees
  • S&P declares Zambia in default after missed debt payment
  • ICIEC signs cooperative MoUs with UKEF and CESCE
  • SACE's Michal Ron becomes the new president of Berne Union

September 2020

  • No proper benchmark for checking European ECAs' compliance with EU objectives
  • ECAs back $9.5 billion financing for Russia's Arctic LNG 2
  • New report calls for end to export credits to coal
  • IFC adopts Urgewald’s Global Coal Exit List
  • EXIM's program to undercut Chinese export subsidies
  • G12 ECA Group Issues First-Ever Joint Statement
  • Trade credit insurance claims expected to surge
  • Are we seeing the end of the UKEF's (& other ECA) fossil fuel empire(s)?
  • Project Finance, human rights and climate change: Updated Equator Principles
  • US EXIM notifies Congress of potential support for Pemex
  • NYT Opinion: EXIM and Corporate Welfare Cronyism
  • Emirates Global Aluminium PJSC (EGA) comes online in Guinea with ECA loans
  • Gensource Potash awaits Hermes approval of ECA support
  • Uganda, Tanzania agree to build long heated oil pipeline

August 2020

  • ECAs, COVID-19 and Climate: Recommendations to Ensure that Economic Support Protects People and the Planet
  • Johnson poised to stop UKEF funding overseas fossil fuel projects
  • Afreximbank Commits US$400 M To Mozambique's LNG Project
  • EC approves €2bn scheme to support Italian trade credit insurance
  • China slow to curb coal financing as Japan, South Korea ‘accept new reality’ on phasing out fossil fuels
  • Ford secures UKEF loan guarantee to build on engine exports
  • Airbus to be sued by investors for bribery and export control violations
  • US Firms Announce Power Agreements Worth Billions With Iraq
  • Exim backs exports to Argentina’s YPF
  • Ghana commissions University of Environment and Sustainable Development
  • Bangladesh's Prime Bank approved by USDA export credit guarantee programme
  • Nigeria: Appraising 3 Years of Reform At Nexim Bank
  • Canadian Football League tackles EDC backed loan

July 2020

  • US Exim's role in the Republican/China trade and political war
  • SINOSURE maintains steady business growth in H1
  • Danish ECA EKF moves to hide environmental negligence in Armenia
  • Mozambique’s ECA backed multi-billion dollar gamble on LNG
  • Serious concerns’ raised over UKEF by Spotlight on Corruption
  • EDC’s role in Canada's oil and gas bailout
  • Ditch Public Financing of Fossil Fuels
  • ECAs and the Aviation Industry: What Does the Future Hold?
  • 80% of Hong Kong Security Law Backers at the U.N. Are Belt and Road Signatories
  • Japan’s plan to curb coal plant lending has major “loopholes”
  • HSBC arranges first Green ECA loan in Saudi Arabia
  • Portugal launches plan to boost exports hit by pandemic
  • Finveram warns of 2020 loss due to coronavirus
  • Embraer business jet unit gets $97 mln U.S. EXIM Bank loan guarantee

June 2020

  • ECA-Watch finds EU ECA compliance reviews insufficient
  • ECA Watch briefing on COVID-19 and Climate
  • EU Council adopts exceptional rules to facilitate ECA lending under Covid
  • France moves to save aerospace sector via ECA spending
  • Export-Import Bank Back To Boosting Boeing
  • UKEF set to back Total's $20 billion Mozambique LNG project
  • Hard-hit Canadian oil companies still waiting for EDC loans
  • EDC lifeline to Saudi armoured car maker raises questions
  • Canada now second to China in public finance for fossil fuels
  • Canada undermining its own climate goals via EDC support of pipelines
  • Fossil fuel companies dominate UK Export Finance energy hospitality gifts
  • Britain's National Grid gets $743 mln ECA secured loans for UK-Denmark power link
  • UK Government Forms £10 Billion Reinsurance Backstop for Trade Credit Insurers
  • Nigeria to build 142 agro-processing centres with Brazilian and Saudi ECAs
  • Latham & Watkins advises on USD 8.3 billion Australian LNG project refinancing
  • Nigeria Secures ECA, Bank & Development Finance for NLNG’s Train 7 Project
  • US SENATORS CALL FOR QUICK VOTES ON EX-IM NOMINEES
  • Russia's Eximbank opens first correspondent account in Uzbek currency

May 2020

  • ECAs and emergency COVID-19 budgets
  • Covid-19 recovery will need US$5tn in trade credit capacity
  • Will COVID-19 Spark a Paradigm Shift for Businesses?
  • Why $77 Billion a Year in Public Finance for Oil, Gas, and Coal Is Even Worse Than It Sounds
  • In the Face of COVID-19, Governments Have a Choice: Resilient Societies or Fossil Fuel Bailouts?
  • EDC is bailing out the fossil fuel industry. Will Canadians be given a full accounting of the costs?
  • Coastal GasLink pipeline gets loan of up to $500M from Canada's EDC
  • ECA aircraft Financing in a post-COVID-19 world
  • Lawyers warn continued gas lending will breach EIB legal duties
  • JBIC muddies comments on ending coal finance
  • South Korean ECA backs $2 billion coal company bailout
  • European Commission approves €903 million Belgian trade credit reinsurance scheme
  • Fiat Chrysler in talks for $6.8 billion SACE guaranteed loan
  • Volvo signs EKN guaranteed US$1.1 billion credit facility
  • The Coal Policy Tool: A Tool for Quitting Coal

April 2020

  • Temporary EU State Aid Framework includes short term export credits
  • European ECAS expand protection to help mitigate the impact of the coronavirus
  • Temporary relaxation of EU state aid rules could counter foreign takeovers
  • Korean NCP accepts complaint against Korean ECA and others
  • ECAs play lip service to coal withdrawal but ignore oil & gas
  • Fossil fuel giants with ECA billions put Mozambique workers & communities at risk of COVID-19
  • EXIM Bank Relief Measures in Response to COVID-19
  • Export Finance Australia helping exporters unable to get finance because of COVID-19
  • Canada's EDC will backstop bank energy loans
  • Snubbed by EXIM, Cruise Lines Get ECA Relief From Europe
  • EXIM withdraws support for medical equipment exports against World Bank advice
  • Could ECAs help Africa mitigate Covid-19 pushed recession?
  • Insurers bulked up on airline risk as export credit agencies pulled out
  • Time for a European public export credit insurance programme?

March 2020

  • EU G20 and OECD Member Countries Announce Trillion$ in subsidies, including ECA $$
  • EU approves emergency state-aid ECA measures
  • UK proposes UKEF loan fund to spur defence & post-Brexit exports
  • Global Banks Funneled $2.7 Trillion into Fossil Fuels Since Paris Climate Agreement
  • ECAs Backing Coal as Some of the World's Biggest Banks Get Out
  • UK Export Finance accused of failing to consider climate risks
  • EU unveils industrial strategy to help meet climate goals
  • India Seeks to Win Investment Amid Ongoing China-US Trade War, Coronavirus Outbreak
  • Canada challenged to ensure EDC COVID-19 aid won't bail out 'high-polluting industries'
  • Canada: Stop EDC investing in environmental and human rights harm
  • Airbus, Boeing Make Production Decisions Amid COVID-19 Pandemic
  • Uganda rallies regional states to rethink expensive ECA debt
  • Why a Brazilian builder wants UKEF money for work in Africa

February 2020

  • ICIEC Insured $10.86bn Worth of Businesses In OIC Countries In 2019
  • Tanzania Railway gets US$1.46b ECA backed financing
  • Euler Hermes supports attractive investment opportunities in Egypt
  • EDC considering support for controversial pipeline project
  • German gov't provides US$23 billion in export credit guarantees in 2019
  • EKN: On exporting Sweden’s fossil free energy future
  • G20 ECAs fund $30 bn a year in fossil fuels $30 bn under the radar
  • World Bank: Some development banks and ECAs contributing to debt problems
  • Quarantined Cruise Liners Pose Hidden Risk to Finnish ECA and Economy
  • Italy earmarks 350 mn euros for SACE fund to help coronavirus-hit firms
  • EDC review of Bombardier bribery compliance policies nears completion
  • Airbus bribery scandal triggers new probes worldwide
  • Bpifrance launchs multi-billion euro fund to support French firms

January 2020

  • Luanda leaks show Dutch Export credit insurer Atradius involved in serious Angola human rights violations
  • UKEF to cease coal project support but current oil and gas projects will emit equivalent of 17 coal plants or 69m tonnes
  • Airbus faces record $4 billion fine after UKEF bribery probe
  • Davos: Financing fossil fuels risks a repeat of the 2008 crash
  • EDC writes off $200 million - won't say what for or why!
  • 2019 Review of Developments In Islamic Finance
  • Nigerian LNG expansion to include ECA financing
  • Saudi ECA offers support for TAPI pipeline
  • India asks DGFT to check fake export credit refund claims
  • Both ENDS: Export credit insurer Atradius played a crucial role in Angola