Index for 2021

December 2021

  • Friends of the Earth sues Britain over Mozambique LNG project
  • ESA adopts revised state ECA/corporate aid guidelines
  • Russia's Arctic LNG 2 agrees loans worth 9.5 bln euros
  • Facing debt repayment issues China shifts Africa financing focus from infrastructure to trade
  • Charting a new course: The future of UK exports and export finance
  • Biden orders U.S. to stop financing new carbon-intense projects abroad
  • EXIM supports Lithuania in political dispute with China
  • EKF issues ‘biggest ever’ loan for Turkey railway project

November 2021

  • U.S., U.K. lead pledge to end overseas oil and gas financing, but with big caveats
  • G20 ECAs and public finance institutions are still bankrolling fossil fuels
  • European export finance alliance pushes for green incentives [eventually!]
  • If global finance can step up to the net-zero challenge, governments surely can
  • Will the capital to invest in net-zero plans be available?
  • The push to net zero - Can project finance fuel investment in the Hydrogen market?
  • International Chamber of Commerce proposes new framework for sustainable trade finance
  • UAE’s ADNOC secures $3bn loan from JBIC and 4 other banks
  • Shipowners see growing benefits of Chinese leasing and trade finance
  • Russian ECA Helps Bangladesh enter nuclear power age
  • U.K. to Set 1 Trillion Pound Post-Brexit Export Target
  • US EXIM focus on Africa
  • British Airways secures another £1bn UKEF-backed facility
  • Norwegian ECA supports North Pole cruising in style
  • Lithuania to get U.S. EXIM trade support as it faces China fury over Taiwan
  • New OECD down payment requirements set to boost ECA support in emerging markets
  • Russians Discuss Increased Engagement With Africa

October 2021

  • New OECD coal financing restrictions represent weak progress
  • Press Release: New website shines a light on the extent of export credit agencies’ support for fossil fuels
  • ECAs provide billions to fossil fuel projects yearly - Join us at COP26
  • European Commission opens consultation on extending temporary State export credit aid
  • SACE Could Support Novatek's Giant Arctic LNG 2 Project
  • NGOs release the 2021 Global Coal Exit List: 1000 companies driving the world towards climate chaos
  • Ukraine in talks with Britain on supply of missiles
  • Export credit agencies have stepped up during the pandemic
  • Canada won’t stop Crown corporations from investing in fossil fuels any time soon
  • Export Finance Australia offers A$2bn (US$1.5 B) in critical mineral loans
  • UKEF £1.5bn earmarked for Nigeria ‘largely untouched’
  • ECAs of UAE and France sign strategic reinsurance agreement
  • Will a Taliban victory advance TAPI pipeline with ECA support?
  • JBIC and Private Banks Must Reconsider Decision to Finance LNG Canada Project

September 2021

  • U.S., Europe at OECD Seek to End Export Financing for Coal
  • New report reveals German government sabotages international energy transition
  • SACE and NEXI finance large carbon bomb vessel for Dutch SBM Offshore
  • UKEF is ‘exagerating’ the number of businesses helped
  • Aligning export finance to sustainable development goals
  • UKEF targets net zero emissions by 2050
  • Swedish ECA launches Green Guarantee to promote climate investments
  • ECAs and the Impact of Plastics on Human Rights
  • SACE says exports to return to pre-COVID levels this year
  • Exim India extends $100 mn loan to Africa Finance Corp for infra development
  • SACE backs Lima Metro Line 2
  • Saudi EXIM Bank signs a reinsurance agreement with ICIEC
  • Will ECAs support Afghan projects under the Taliban

August 2021

  • Lexology report: Export Credit Agencies and Insurers
  • How ECAs can catch up on climate action
  • Swedish ECAs establish scientific climate council to help align with Paris Agreements
  • Can China green the Belt and Road?
  • Chinese banks and ECAs stay silent on human rights allegations
  • Australian banks defend coal exit
  • Cost of Hoima-Tanga Pipeline Hits $5b As Risk Averse Supporters Walk Away
  • World Economic Forum warns global trade finance gap could reach $2.5 trillion by 2025
  • Experts Discuss Russia’s Weak Economic Presence in Africa
  • UKEF to forge closer trade ties with Central America
  • Middle East Oil Refinery (MIDOR) in Egypt to start partial operations this year
  • NEXIM: Promoting Social Inclusion With WAYEF
  • UKEF finances 6 hospitals in Ivory Coast

July 2021

  • Germany accused of hypocrisy over Arctic gas project
  • Australian ECA gives 80X more to fossil fuel projects than renewables
  • EXIM support and the Pemex Ocean fire
  • Export Development Canada Promises Net Zero by 2050
  • UKEF reports export credit arrangements for 2020
  • Australian ECA eyes bid for Pacific telecoms to block China
  • Ghanaian rail project takes off with Swedish & South African ECA backing
  • U.S. Chamber of Commerce supports EXIM
  • U.S. EXIM Bank says 2020 financing volume still far below global rivals
  • SACE helps revive Italian steelmaker Acciaierie d'Italia
  • Insurers mourn missed chance to form EU ECA
  • Afreximbank plans $8 billion fund to offset trade-pact losses
  • New Norwegian ECA, Eksfin, begins operations

June 2021

  • Global capital racing towards clean energy
  • Rich Countries Subsidizing “Dash for Gas” in Developing World
  • As banks [and ECAs?] flee coal, campaigners turn sights on gas
  • Human Rights Watch Q&A on ECA Fossil Fuel Subsidies
  • World's largest oil shale power plant in Jordan near completion with Sinosure support
  • Chinese export insurance company reports steady business growth
  • ECA supported Ethiopian projects show ‘railpolitik’ in action
  • EXIM Environmental and Social Projects Information and Concerns Grievance Hotline
  • Is West Africa the focus region for ECA-supported financing?
  • Nigeria looks for US$85 billion in investments, increasing ECA dependencies
  • UK business given £12.3bn export support from government
  • Rosatom Preparing Support With French ECA For Foreign Nuclear Power Plants
  • KDF to acquire 118 APCs from Turkey at US$7.4 million
  • ECA Climate change goals lacking on maritime shipping decarbonization

May 2021

  • ECAs and Fossil Fuels
  • OECD Study Measures Distortions in International Markets, but not by ECAs
  • IEA leaves little room for doubt: no fossil fuel expansion - but ignores ECAs
  • EDC singled out on fossil fuel finance by international legal opinion
  • EU lawmakers urge French, German & Italian ECASs to ditch Arctic LNG 2 support
  • Decarbonising Danish Export Credits
  • Egypt to buy Rafale fighter jets with French ECA support
  • Russian Export Credit Line for Sri Lankan Arms
  • Japan looks to introduce finance system for defence exports
  • Belarus isolation deepens as air links cut and Swedish ECA credit cancelled
  • Europe’s big oil companies exploit African natural-gas loophole
  • Royal Caribbean adjusts $1.15 B in ECA facilities facing $1.1 B loss in first quarter of 2021

April 2021

  • CSOs say newly launched export finance coalition (E3F) fails to lead
  • OECD Arrangement amends local content rules for export credits
  • Rich nations under fire for funding gas as 'bridge fuel' overseas
  • UK court to review Mozambique fossil fuel investment
  • Biden Administration to Utilize EXIM as Key Element in New International Climate Finance Plan
  • Canada’s oil and gas sector received $13 billion in EDC subsidies during the pandemic
  • Beijing and New Delhi court Indian Ocean armies with ECA loans
  • Tell EXIM: Cut ties with India's deadly Sasan coal plant
  • US climate summit declarations deal major blow to coal in Asia
  • China Is Investing in Africa’s Energy and Transportation Infrastructure
  • Boeing Forecasts Sufficient Capital for Aviation Finance
  • Iraqi, GE achieve financial close of Power Up Plan 4
  • Russian president signs law to ratify protocol restructuring Belarusian ECA loan

March 2021

  • Nearly 450 Organizations Call on Biden Administration to End Public Finance for Fossil Fuels
  • 250 organizations caution banks and ECAs against financing East African Crude Oil Pipeline
  • China Exim’s energy lending nosedives, Beijing weighs ban on foreign coal financing
  • ECA funding for critical mineral and rare earth projects
  • ECAs and the future of hydrogen finance
  • ECAs, the Kachi Lithium Brine project and environmental concerns
  • UK Undermines Own Claim to Climate Leadership By Failing to End Oil and Gas Licensing in the North Sea
  • SACE guaranteed 86 mln euro Greensill loan to collapsing Gupta steel arm
  • Swedish ECA under pressure to break ties with Belarus
  • EXIM: The Fox Is Watching the Henhouse: Green Energy Edition
  • What Investments Is The UAE Planning To Make In Israel?
  • Man Sentenced for Role in Scheme to Defraud EXIM
  • Hungarian Armed Forces Get EUR 349 Million ECA support
  • Our public finance institutions are fuelling climate change
  • JBIC injects liquidity into Japan Airlines
  • Does China subsidize export credit to reinforce its geopolitical aspirations?
  • Flash: ECA financed Mozambique LNG sector braces for delays amid escalating violence

February 2021

  • US to end int'l financing for fossil fuel projects - but how?
  • USDA farm export credits to go now to climate change
  • China's Global Energy Finance Database
  • U.K. Firms Get Pandemic Support From Agency With Great War Roots
  • COVID-19 State Aid - The EU opens the door to additional support
  • UKEF may back Brazilian oil and gas project despite promised end to fossil fuel funding
  • Groundbreaking research reveals the financiers of the coal industry
  • Is new thinking needed on export finance regulation?
  • ICC rolls out ambitious new export finance sustainability initiative
  • ECAs and the once elusive SME
  • Mota-Engil Begins Work on ECA supported $1.8 Billion Nigeria-Niger Railway
  • Airbus cautious on 2021 hoping for ECA backed backed cash flow
  • Africa's COVID-19 vaccine financing gap opens opportunities for China, Russia

January 2021

  • Atradius DSB launches 'Green Label' to promote greater environmentally responsible export transactions
  • EDC is undermining Canada’s climate commitments. Will Ottawa step in and take action?
  • NGOs Strongly Oppose JBIC Decision to Support Vietnamiese Coal-fired Power Generation Project
  • Asian ECAs sustain coal’s threat to world climate
  • EU greenlights more short-term ECA state aid for virus-hit firms and agriculture
  • Turkish ECA finances US$70 million Kenyan armored car deal
  • Departing EXIM chief urges Biden team to counter Chinese lending dominance
  • Australian ECA may finance buyer for Pacific mobile network Digicel to block China
  • British Airways & EasyJet: UK Export Finance's new form of state aid
  • US Exim and Greensill back domestic LNG exporter
  • UAE - India to enhance trade, economic cooperation
  • U.S. ExIm prepares possible seizure of Bulgarian satellite over loan nonpayment
  • Ukraine aims to develop cooperation with OECD ECAs