Index for 2022

November 2022

  • ECAs are the worst public finance supporters of fossil fuels over clean energy
  • European countries back weakened ECA fossil fuel financing pledge
  • Canada 2nd in the G20 for fossil fuel subsidies
  • CSOs demand reduced OECD ECA support for oil and gas
  • US Exim lags on climate despite Biden’s pledges
  • There’s no time to waste — public capital is a key conduit to a just transition
  • Gas is a false route to Australian energy security
  • Heads of G7 ECAs meet in Toronto
  • Korea to become ECA driven battery powerhouse by 2030
  • UKEF to offer ECA support for most vulnerable climate change countries
  • Berne Union AGM examines access to ECA support in African free trade
  • US Exim Bank offers finance for Romanian nuclear plants
  • Kuwait to draw on $9.2 bln from ECAs on oil projects till 2025
  • UAE ECA Etihad extends guarantees worth $4.5bn in first 9 months of 2022
  • FLASH: Italy's SACE considering fossil fuel projects with 3.5 X Italy's annual emissions

October 2022

  • Finland joins growing list of countries restricting international oil & gas finance
  • Friends of the Earth US asks Biden to "RELEASE THE GUIDANCE!"
  • Italy pushes to weaken European fossil fuel financing pledge
  • German ECA supported defense system for Egypt diverted to Ukraine
  • Korean Eximbank holds OECD Environmental and Social Practitioners' Meeting
  • South Korean ECAs challenged during National Assembly session about Barossa Project
  • Trade unions call for a just net-zero aviation transition including ECA support for aviation finance
  • Cesce and Alstom sign a strategic agreement to promote green exports
  • Loss of ECA finance harms lower impact deep water oil and gas says offshore chief
  • GTR: Export finance in a post-pandemic world
  • Russia may start providing ECA finance to importers of its grain
  • Ukraine calls on banks to support exports through new ECA mechanisms
  • Brazilian ECA to fund Embraer aircraft exports to SkyWest
  • Saudi Electricity Company lands Swedish ECA backed finance for Egypt electricity interconnection

September 2022

  • France restricts oil & gas finance to meet climate commitments, piling pressure on Germany, USA, Canada to follow suit
  • Sweden restricts ECA fossil fuel finance to deliver on climate commitment
  • Berne Union report warns of dwindling risk appetite over Ukraine related claims
  • Ukraine seeks $400 billion for foreign investment & export credit
  • U.S. EXIM Bank, Ukraine pledge cooperation on financing, reconstruction
  • EXIM strategy: Climate change, China, OECD ECA backsliding challenge competitiveness
  • Sri Lanka’s Chinese debt making international headlines
  • China’s no new coal power overseas pledge, one year on
  • EU challenges China’s Belt and Road with €300bn Global Gateway
  • Iranian & Russian ECAs ink agreement to facilitate trade
  • India has $5 bn new export opportunity in Russia
  • US exports face empty container pile-up as supply chains recover
  • The role of ECAs in financing the transition to net zero
  • TFG partners with UKEF and DIT to create a trade and export finance guide
  • Chilean firm to receive Korean ECA $100 million fund for stable Australian lithium supply to South Korean firms

August 2022

  • Ukraine agent claims OECD ECAs complicit in Russian war crimes
  • UK Treasury backs £3bn UKEF finance package for war-torn Ukraine
  • UK unveils critical minerals strategy and UKEF role
  • Iran expected to ink agreement with Russian ECA soon
  • Ukranian ECA supports US$5.6 million in exports
  • Equator Principles Association Issues Due Diligence Guidance Note
  • Berne Union releases latest Business Confidence Survey
  • Korean battery maker secures $2B loan from 3 ECAS
  • Nigeria, Sun Africa ink US $1.5bn EXIM supported deal for electrification
  • IsDB and ICIEC offer $10.5bn package to ease global food crisis
  • TNG receives AU$200M K-Sure conditional debt facility for Mt Peake mine
  • Ugandan Banks seek to establish Shs1 trillion export credit facility

July 2022

  • IISD: Why ECAs must shift from fossil fuel support to clean energy
  • CSOs condemn G7 for caving in to gas industry - weakening pledge to end finance for fossil fuels
  • G-7 rolls out answer to China's Belt and Road initiative
  • EXIM plans aggressive marketing push and steady market growth
  • China's Sinosure registers steady business growth
  • EDC Plans 15% cut in fossil fuel portfolio by 2020
  • Belgian ECA restricts oil and gas finance but leaves gas loopholes
  • SK On Secures US$2bn in loan guarantees from 3 ECAs to Invest in Europe
  • EXIM Board approves Cameroon and Brazil Projects
  • OECD export credit rule changes could have long-term consequences for insurers
  • UK Export Finance provided £7.4 billion in support for UK exports last year
  • SACE supports Brazilian steelmaker CSN
  • French ECA cooperation agreements
  • Taiwan's Formosa 2 offshore wind plant starts with broad international ECA support
  • French ECA role in Polish nuclear expansion
  • French ECA supports Côte d'Ivoire coastal road loan
  • Australian ECA to provide $300m for Mount Peake vanadium-titanium-iron project
  • Norwegian ECA to provide €400m in guarantees and loans toward €1.6bn Arctic battery gigafactory

June 2022

  • Japanese Civil Society welcomes halt of Bangladesh & Indonesian coal projects and Russian LNG project
  • G7 ministers pledge end to fossil fuel finance amid signs of backsliding on commitments
  • UKEF named best sustainable finance ECA despite continued review of Mozambique LNG
  • Kuwait's state oil company seeks JIBC insurance for $1 billion
  • European Temporary Short Term Export Credit Aid Extended to Year End
  • Lexology's overview of ECAs
  • US EXIM renews supply chain finance for Boeing
  • EU Export Credit Sanctions on Russia
  • Afreximbank mobilises $35b for African development and national ECAs
  • ECAs fill in SME trade finance support under Covid supply chain disruption
  • German export credit for emergency export of Ukranian grain
  • Danish ECA EKF to back French offshore wind project
  • Russian war on Ukraine triggers conflict over ECAs and African oil

May 2022

  • Italy's SACE joins major banks to reject finance for Total's EACOP
  • Korean court dismisses indigenous challenge to Australian ECA gas project financing
  • UN High Commissioner for Human Rights urges ECAs to strengthen standards
  • UK Green Trade and "de-Putinizing" the world economy
  • Berne Union reports uncertain trade credit insurance bounce back
  • 122 CSOs warn there is only six months left to meet joint COP26 commitments
  • Boeing Reports Increased Stability and Growth for Aircraft Finance Sector
  • Spanish ECA's US$1.3 billion loan to PetroPeru pushes delayed audit
  • State aid: EU Commission approves Danish short-term export credit scheme
  • Etihad Credit to play a role in UAE's move away from oil
  • EDC launches program to guarantee bank loans to companies in carbon intensive sectors
  • 70% of Indian exporters’ payments stuck in Russia have come in
  • Dutch government offers export credit insurance to new Manila airport
  • NEXIM promotes Nigerian Non-oil Exports for Fiscal Sustainability

April 2022

  • UN Secretary General: Some governments & business leaders say one thing but do another. Simply put they're lying.
  • Greenwashing won't cut it: Canada risks disaster by barely mentioning financial sector in climate plan
  • Indigenous Australians Derail Controversial Barossa Gas Project by Suing South Korean ECA
  • Oil Change International launches database to expose the institutions using our money to fund fossils
  • UKEF hands billions to projects linked to labour abuse and climate damage
  • UKEF faces further legal action over Mozambique LNG project
  • LNG Exports Seen Benefiting From EXIM Financing
  • The 900-Mile EACOP East Africa Crude Oil Pipeline Is a Bad Deal for My Country — and the World
  • Global Trade Review Editorial: Encouraging yet disheartening
  • U.S. EXIM Bank formalizes Russia pullout; approves Sri Lanka, Albania, Iraq deals
  • Sinosure scales up financial support for green industries
  • Swedish ECA studying new import guarantee fund
  • Aeroflot negotiating purchase of 8 ECA financed Airbus aircraft

March 2022

  • Export credits face Russia sanctions AND the Paris Agreement
  • ECAs slam the door on Russia
  • European Council conclusions on official export credits
  • Berne Union Launches New Climate Working Group (CWG)
  • EDC targets growing demand for ESG financing
  • EDC backed loan to primarily Russian-owned Buhler Industries
  • Indian Exporters Find Themselves Caught In Russia/Ukraine Crossfire
  • Korea Wins US Export Ban Exemption, Shores Up Exporters to Russia
  • Pressure on Japan's energy ties in Russia ratchets up with Shell's Sakhalin exit
  • ECIC Growing Its Footprint In Ethiopia and the DRC
  • SACE freezes loan for Russian Arctic LNG 2 plant
  • Judges split over UKEF funding of Mozambique gas project
  • Africa’s Fossil-Fuel Investment Trap
  • Korean ECAs sued to stop deep-sea oil pipeline

February 2022

  • Paris Agreement alignment of EDC (NOT!)
  • Germany suspends Russian export credit guarantees
  • Indian exporters hold back shipments to CIS
  • Ukraine: TFX Trade Risk Briefing - What might be the impact of sanctions?
  • EXIM's first Black leader faces challenges on China, climate, equity
  • Total’s East African crude oil pipeline ‘struggling’ to find financiers
  • AfCFTA Secretariat, Afreximbank Seal Deal on $10bn Fund to Boost African Economies
  • AfreximBank Trade Centre Harare project to start soon
  • Sustainability in export finance – the push for change
  • Italy clears hurdle to buy SACE in $4.8 bln deal
  • Building a bank for entrepreneurs is crucial, says CEO of Bpifrance
  • Canada Bangladesh FTA negotiations with EDC role?

January 2022

  • Campaigners say EU due diligence laws should apply to ECAs
  • Export credit agencies provide billions to fossil fuel projects each year
  • Why oil-loving Ottawa must end its financing of fossil fuels
  • UK holds Africa Investment Conference aimed at UK "green" exports
  • UK and Italy kick off talks on new trade partnership
  • Efforts Aim to Boost Arab Exports to Russia
  • Swedish Export Credit Corporation recruits Head of Sustainability
  • UAE and South Korean ECAs in pact to boost green energy projects
  • ECA Market Set for Explosive Growth | Coface, Zurich, Euler Hermes, Sinosure, Atradius
  • China unveils guidelines to stabilize trade
  • Genting Hong Kong confirms insolvency filing in Germany based on Euler Hermes block
  • OECD Global Anti-Corruption & Integrity Forum: 30 March - 1 April
  • EDPR and DEK ink debt funding for 149-MW Polish wind portfolio
  • EXIM Accused of Switch From Anti Chinese Communist Party To Beijing Ally