Index for all

September 2024

  • India's RIL secures over $7 billion in offshore finance
  • UK & Polish ECAs target green exports with €249 million for Turkish solar project

August 2024

  • Canada's EDC ‘nursing losses’ after lending $1bn to Thames Water
  • Out With the Old, Slow With the New
  • Biden Urged to Make EXIM Stop Fueling Climate Crisis
  • Canada's EDC nursing steep losses from billions loaned to Thames Water
  • Ukraine's State Property Fund Plans ECA War Risk insurance
  • EU launches export credit facility for Ukraine
  • Arab oil and gas sector attracted investments worth $406bn over 22 years
  • Export credit agencies roar back in Africa
  • UKEF reveals £8.8bn government support for UK firms in 2023/24
  • The Role of Export Finance in Global Shipping’s Sustainable Growth
  • Cesce backs green loan for Iberdrola renewable expansion
  • UKEF to finance Cambodia’s infra for exports
  • EXIM Board approves landmark $1.6 billion solar energy and water project in rural Angola

July 2024

  • Campaigners Increasingly Targeting Financial Backers with Lawsuits Against Fossil Fuel Funders
  • EDC undermines climate commitments yet again with massive loan renewal for Enbridge
  • Swiss ECA faces backlash after climate policy U-turn
  • UAE’s ALTÉRRA invests in fund backing fossil gas despite “climate solutions” pledge
  • US Congress Examines Role of EXIM Amid Intensifying Economic Competition with China
  • USEXIM President Testifies on U.S.-China Economic Competition
  • US Law Firm Claims Chinese ECA Sinosure pursues overseas importers to pay off unpaid debts
  • Five-yr extension expected for Indian export credit scheme
  • Spanish ECA supports Siemens Gamesa $1.3 bln guarantee package
  • JBIC signs credit line of up to US$3 billion for Adnoc
  • Ukraine and UK sign defence export finance and nuclear supply deals

June 2024

  • Deal to limit ECA oil and gas funding abroad hinges on US
  • U.S. EXIM Funding Fossil Fuels Abroad
  • U.S. EXIM Bank in an Age of Great Power Competition
  • Export credit and West vs Chinese strategic minerals
  • EU adopts sanctions against Russia including billions of ECA support for Ukraine
  • World Bank: How can we unlock infrastructure finance at scale for developing countries?
  • UKEF's implementation of the Equator Principles (1 April 2023 to 31 December 2023)
  • Nigerian Civil societies urge China to rescind proposed East African crude pipeline project
  • QatarEnergy, Chevron Phillips Secure $4.4 Bln Financing for Petrochemicals Project
  • SACE LAUNCHES US$1.3 BILLION INVESTMENT PACKAGE FOR VIETNAM
  • Brazil’s Petrobras tightens ties with Chinese banks and Sinosure
  • JBIC fires up US$1bn loan for Australian LNG project
  • SACE EUR 100mln Push Facility provided to Eastern & Southern African Trade & Development Bank
  • India mulls overhaul of trade finance market
  • UK Export Finance unveils ambitious new target for SME support
  • SMEs should make more use of UKEF's little-known GEF

May 2024

  • End Polluter Welfare Act Supported by Over 300 US Organizations
  • US EXIM enters the battle against Chinese boycott of Lithuania
  • Audit slams US EXIM for weak performance in Africa
  • Bumper year for trade credit insurance, but claims rising
  • K-SURE to provide $1.3 bn credit for Saudi petrochemical project
  • Scottish firms win in 1st UKEF deal for oil & gas de-re?-commissioning
  • Vietnam's says HSBC to arrange funds for $1.49 bln refinery project
  • World Bank Group, NEXI to Bolster Investments in Developing Countries
  • HKECIC signs Guangdong pact with Sinosure
  • Etihad Credit Insurance records 21-fold growth

April 2024

  • ECAs continue to favour fossil fuels over clean energy
  • EU ECA fossil fuel phase-out tracker reveals Member States are lagging commitment to Paris Agreement goals in export credit policies
  • Public Enemies: Assessing MDB & G20 IFIs energy finance
  • JIBC provides US$3.3 billion to harmful Asian LNG projects
  • How the U.S. Can Still Meet its Global Climate Finance Pledges
  • China invites Uganda for talks on crude oil pipeline project financing
  • ECAs continue to debate fate of Mozambique LNG project
  • High-Level EU Conference: 'Net-Zero by 2050: The Role of Export Finance'
  • Meeting Statement - Heads of G7 ECAs
  • U.S. EXIM Bank approves 'Make More in America' initiative to boost manufacturing
  • Proposed EXIM (Export-Import Bank) Reforms
  • Trafigura bags US$560mn ECA-backed deal to supply gas to Japan
  • REC Ltd Secures Japanese Green Loan from Italy's SACE
  • ECAs & Aviation Finance & Leasing: Global overview
  • Gaza/Red Sea crisis: Export credit availability called to limit impact on Indian exports
  • International lawyers advise ECA and international lenders in Latin American finance
  • Geopolitical Tensions might Threaten India's Export Growth, FIEO Urges Government Action
  • Ukranian ECA helped exporting companies raise UAH 99.8 mln
  • China denounces U.S. shipbuilding probe as politically motivated 'mistake'

March 2024

  • Exim Approves $500 Million for Bahrain Oil Project Despite Biden’s Climate Commitments.
  • Fury Over $500 Million US Export-Import Bank Loan to Bahrain 'Climate Bomb'
  • No role for export credits in the EU’s development finance
  • First-of-its-kind EU export credit facility to target Ukraine rebuild
  • European Commission: NET-ZERO BY 2050 THE ROLE OF EXPORT FINANCE
  • US & EU differ over the future of fossil fuel subsidies in OECD talks
  • Human rights & environmental destruction in Dutch Atradius DSB insured dredging projects
  • UKEFsigns cooperation agreement with U.S. Department of Energy Loan Programs Office
  • Total ECA Funders Weigh Mozambique Restart After 3 Year Halt
  • Standard Chartered Faces Complaint for Financing Philippine Coal Plants
  • Oil Trader Gunvor to Pay More Than $660 Million to Resolve Bribe Cases
  • Ineos Receives UKEF Backing for Europe's Largest Petrochemical Plant
  • Dynasty Gold Used Slave Labor in China, Canada Watchdog Says
  • Pentagon pitched EXIM Australian nickel investment
  • Korean ECA to provide $187bn in support to bolster exports
  • EXIM on International Women’s Day 2024
  • Ankura business consultants' turning points for EXIM

February 2024

  • Joe Biden should end EXIM support for overseas oil and gas projects
  • EXIM Climate Advisors Quit Over Fossil Fuel Plans
  • African Rail Projects Become Battleground For US-China Competition In Strategic Mineral Supply Chains
  • Italian and Japanese ECAs allocate billions for Ukraine
  • ECAs pile in on European battery gigafactories facility
  • Africa’s debt dilemma: The role of ECAs and new strategies
  • SACE plans to back $1.6 billion in debt to Saudi Arabia
  • The real effects of trade financing by ECAs
  • Financing uncertainty clouds South Korean ECA push for massive arms deals
  • Tanzania's Precision Air Faces Legal Action Over $26 Million ATR 42 Debt to EDC
  • India directs ECGC to maintain moratorium on insurance rates for exporters

January 2024

  • Biden Administration Faces Pushback on Another Gas Project, This Time Overseas
  • JBIC financing for two gas power projects in Mexico would violate the G7 agreement
  • Amid Corruption Charges, Groups Demand EXIM Halt Payments to Trafigura
  • ECAs support €1.08 billion green loans for Cadeler
  • UKEF underwrites financing for another section of Turkish high speed rail network
  • Red Sea crisis: Indian shipping costs and times and export credit premiums up
  • Brodies Guides On War Risk Insurance For Ukrainian Exports
  • H2 Green Steel Boden: Complex financing includes Euler Hermes
  • Swedish “Green” Steel Plant Secures $7 Billion in Financing
  • Northvolt gets $5bn green loan for European EV push
  • Petroperú Desperate for Cash Loses $500M SACE Loan Guarantee
  • How to Deal with Sinosure as an Importer
  • European Union readies €300mn ECA pilot
  • UKEF: Taxpayers underwrite French contractor’s Saudi project
  • African tri-nation transport project to start Phase II
  • Belgian ECA Credendo helps expansion of Montevideo Port to Boost Uruguay's Foreign Trade
  • FLASH: US Exim readies for US$2bn domestic financing boom

December 2023

  • ECAs supporting billions in global trade form net-zero alliance facing civil society scepticism
  • At COP28, Export Development Canada joined Net Zero Alliance Despite Fossil Financing
  • Norway joins 40-signatory partnership to end international public finance for fossil fuels
  • Texas Gulf Coast communities speak out against Japanese ECA backed LNG development
  • EXIM Lent Nearly $1 Billion to Fossil Fuel Projects in 2023
  • PPIB Announces $2 Billion Financial Close of Thar Coal-Fired Plant
  • Saudi Arabia concludes €1 billion financing deal with Italy’s SACE
  • North Field expansion project - a quantum leap in leadership of Qatar's global energy landscape
  • TFX: Export finance trends of 2023: ECAs spearhead success amidst global challenges and geopolitical shifts
  • Gunvor gets gas loan backed by SACE
  • Ukraine strikes deal to get 2 Royal Navy minehunters from UK with UKEF support
  • Italy’s export credit agency SACE unveils its ambitious ESG strategy at COP28
  • Pakistan’s Export-Import Bank formally launched
  • Türk Eximbank expected to provide exporters $41 billion in 2023

November 2023

  • Trade credit insurance reaches just 13% of insured shipments
  • Environmental groups urge funding halt for TotalEnergies' Mozambique project
  • Joint letter from 125 international CSOs to global leaders at COP28 calling for transformative public finance for a globally just energy transition
  • EU, UK, and Canada move to phase out fossil fuel finance at OECD
  • OECD oil and gas export credit fossil fuel ban postponed to next year
  • Where are the Cop26 finance pledges now?
  • Saudi Arabia Courts African Leaders to keep the world hooked on oil
  • ExxonMobil and ECAs make moves on lithium
  • Banks urge OECD to resurrect 5% down-payment rule
  • Russian export credit claims soar
  • EDC uses environmental review directives on less than 1% of transactions
  • Spillover effects of the Ukraine crisis: political risk insurance in times of brinkmanship
  • World's largest car theft and the Swedish ECA
  • Offshore wind firm secures £370 million government-backing to expand UK business
  • Small nuclear reactor, funded by JBIC, is cancelled
  • Rethinking Technology Transfer to Support the Climate Agenda

October 2023

  • Fossil Free Export Credit Agencies – a new web resource
  • Alignment of US EXIM with US climate and development policy objectives
  • EXIM Board Unanimously Approves Financing for 3 projects in Romania, Kazakhstan and Iraq
  • Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs
  • EU and UK seek ban on ECA subsidies for foreign fossil fuel projects
  • ECAs and Reconstruction in Ukraine
  • UKEF Announces Financial Support for Ukraine’s Nuclear Fuel Supply
  • CPChem, QatarEnergy finalize financing on $6 bn Ras Laffan, Qatar, petrochemicals project
  • Afreximbank signs US$300mn deal to support Congolese crude oil production
  • Uganda crude pipeline nears Sinosure $3bn funding deal
  • Hai Long team confirms €3bn Taiwan wind financing deal
  • India's Reliance Jio Secures $2 Bn In Largest FY24 Offshore Loan with Finnvera backing
  • SACE Meets India: Facilitating $1.6 Billion for Green Transitions
  • Germany offers cheaper export credit support in new climate policy
  • ECAs and the airline industry’s financial landscape
  • Afri-Exim, ICRC approve $1.2bn for moribund Burutu port
  • Egypt in talks to secure $2.1 bln loan for 2nd high-speed rail line
  • London Hosts West and Central Africa Trade Forum
  • Citigroup: The future of export agency finance
  • Over 250 organizations back groundbreaking efforts by OECD countries to end $41 billion a year in fossil fuel finance

September 2023

  • Rich country ECAs sink billions into oil and gas despite Cop26 pledge
  • ECA Market Booming Worldwide
  • Export Finance for Future (E3F) and accountability
  • Trade Credit Insurance Market Report by Development Factors 2031
  • UK, Japanese and Italian ECAs support projects in Africa
  • Uganda in talks with Chinese ECA for pipeline funds after Western banks cave in
  • FSD Africa Investments Pledges $19.5 Million to Fortify Africa’s Climate Resilience
  • UAE pledges $4.5bn for Africa clean energy projects
  • USEXIM to Invest $5 Billion in Space Industry
  • Ukraine’s ECA-backed exports hit record high
  • US Exim approves first domestic manufacturing deal
  • Could ECAs finance cleaner steel & industrial hubs?
  • Hungary Exim wins World Bank support for ING loan
  • Canada restricts subsidies, but delays plan to end billions more in ECA fossil fuel finance

August 2023

  • OECD Modernisation of the Arrangement on Export Credits
  • Australian Government sued for failing to report the climate and biodiversity impacts of subsidising fossil fuel projects
  • Green Groups Call on EXIM to Reject PNG LNG Project
  • US fossil fuel hypocrisy is betraying the planet
  • The BRICS come of age [But what role for ECAs?]
  • EU’s €45bn plan to tackle Latam productivity woes
  • Feet to the Fire: Big Oil and the Climate Crisis
  • India's Reliance Jio ties up $2.2 bn funding from Sweden's EKN for 5G equipment
  • New Chinese growth drivers sought to boost exports amid weak global demand
  • Sinosure’s Country Blacklist?
  • Russian ECA plans special loans for African companies
  • Four Emirati women lead UAE’s powerful financial institutions
  • UKEF to provide £192m loan guarantee to boost Ukraine nuclear capabilities
  • Arafura Rare Earths offered EDC and Euler Hermes support
  • Euler Hermes to back €1.29bn financing for Angolan solar infrastructure development
  • EDC trying to reclaim $347 million insurance payout to Suncor linked to Libya unrest

July 2023

  • Civil societies say Germany's plan for export credit guarantees violates climate commitments
  • Biden breaks climate pledge again with new EXIM LNG approval
  • Italy’s SACE breaks climate promise with $500 million guarantee for Peru oil refinery
  • Who are the major financiers of Brazilian FPSOs?
  • Coal-project financing outside of China hits 12-year low
  • AFRICAN NGOS URGE END OF SUPPORT FOR FOSSIL FUEL PROJECTS IN AFRICA AND SIGN THE GLASGOW STATEMENT
  • Guarantees for 1st Batch of Korea’s Arms Exports to Poland limit 2nd batch due to 40% limit on equity capital
  • OECD amends export credit agency arrangement to boost green trade
  • Korea Eximbank prepares ECA Version 2.0 to boost exports
  • Piyush Goyal meets bankers on export credit to MSME exporters aiming to achieve $1 trillion merchandise exports
  • £3.5bn UKEF support given to UK manufacturing, £1.1bn to construction in 2022/23
  • Cedar Rose reaffirms its longstanding partnership with Sinosure
  • India's ECGC may permit Sri Lanka to repay debt over 12 years
  • UKEF is not building a multimillion pound railway line in Turkey
  • ‘Wolves’ Clever Opportunism: Securing £99m UKEF Loan’

June 2023

  • How Major Economy's ECAs are Breaking their own Climate Change Pledges
  • OECD allows support for fossil-based technologies under agreed ‘climate incentives’
  • Norway's Eksfin accused of ‘climate hypocrisy’ for financing Turkish gas field
  • UK's top court rejects Friends of the Earth’s appeal over government’s funding for Mozambique LNG project
  • Indonesia's Pertamina reaches $3.1 billion ECA and bank financing deal for Balikpapan oil refinery
  • SACE signs agreement with Saneg for methanol-to-olefin gas chemical complex
  • Mercuria closes deals worth over US$5bn including first ECA backing by SACE
  • SBM Offshore completes US$1.615 billion financing of Alexandre de Gusmão offshore Brazil FPSO
  • EU in talks over export credit facility for ECAs, banks
  • Berlin loosens requirements for Ukraine export guarantees
  • Ukraine axes ban on ECA-backed loan repayments
  • Japan’s NEXI acquires stake in African Trade Insurance Agency
  • African sovereign debt poses challenges for ECA activity

May 2023

  • CSOs condemn G7 leaders for dangerous backsliding on gas, breaching commitments to end fossil fuel finance
  • Ahead of OECD negotiations, report shows OECD export finance props up fossil fuels, blocking energy transition
  • OECD ECAs urged to scale up climate ambitions
  • 200 and counting – Global financial institutions committed to coal divestment has doubled in 3 years
  • 103 Canadian CSOs call for elimination of fossil fuel subsidies through a robust assessment framework
  • IFC announces it will stop clients funding new coal projects
  • China trails global financial firms in committing to end investments in coal projects
  • Export credit market shows strong growth: Berne Union
  • Heads of G7 Export Credit Agencies - Meeting Statement
  • Quad summit discusses ECA cooperation In Indo Pacific
  • Australian roundtable notes ECA support crucial to transition
  • EU greenlights Denmark’s export and investment fund
  • Tiwi Islanders protest Santos' Barossa gas project in Australia
  • EDC and Alstom support sustainable transport projects
  • UKEF and BAE reach deal over historic Iran weapons sales
  • SWEDWATCH: The EU must urgently review its outdated policy on export credits

April 2023

  • OECD countries reach historic agreement to modernize export credit support
  • ECAs of a wide range of OECD countries still finance oil and gas
  • DeSmog: "UKEF locks us all into more carbon emissions for decades"
  • FOE investigates EXIM fossil fuel influence peddling in Alaska carbon bomb
  • Export Finance Australia (EFA) can no longer justify fossil fuel funding
  • ECAs to play significant role in securing Europe’s critical materials
  • UK export credit agency gains £10bn in additional financing
  • Russians urging greater EXIAR engagement with Africa
  • Italian credit agency SACE to allocate additional USD 1.1bn for Ukraine
  • SINOSURE pulls out of Nigerian AKK pipeline funding
  • COPE to investigate corruption charges against Sri Lanka ECA General Manager
  • Five decades later, UKEF-backed Iran missiles deal lands in court
  • Export Credit Norway (ECN) covers 85% of Hungarian missile system purchase
  • Angolan food production plant supported by Deutsche Bank and SACE
  • Chinese & foreign banks & ECAs bolster Belt & Road Initiative

March 2023

  • OECD Arrangement participants fail to clinch modernisation deals
  • Commitment to end international finance for fossil fuels is shifting billions but key countries are missing in action
  • Italy Vows to Support Fossil Fuel Projects At Least Until 2028 Despite COP26 Pledge to Cut Investments
  • SACE to insure up to $3 billion in corporate energy bill payments disrupted by Russia's war against Ukraine
  • Parliamentary question on SACE: Fossil fuel subsidies & potential conflict of interest
  • Italy waters down fossil fuel pledge as Sace backs gas
  • Netherlands contradicts COP26 promise, moves ahead to support 30 year oil and gas production project in Brazil
  • The changing face of MENA export credit agency-backed financing
  • IMF calls for scaling up Climate Finance
  • Powering up women in trade, treasury & payments
  • EXIM provided $600m to Lithuania to fight punative Chinese sanctions over relations with Taiwan
  • Asociación de Cooperativas Argentinas (ACA) Borrows $80m from FMO, FinDev Canada, Rabobank to Boost Farm Exports
  • Embraer closes US$ 200 million EXIM credit facility with Citibank
  • Polish ECA supporting US$73m (£60m) project to expand Angolan University

February 2023

  • LNG at forefront of Dutch Atradius foreign fossil fuel funding
  • Atradius backs Dutch construction companies profiting from devastating Philippines mega-airport
  • Insurance giant Marsh under fire over role in controversial oil project
  • 26 Italian oil and gas companies visit Kuwait with SACE
  • Environmentalists continue to challenge UKEF funding for gas in Mozambique
  • OECD Civil Society Joint Position on ECA oil and gas restrictions
  • Progress within export finance on sustainability, but changes sorely needed on OECD Arrangement
  • WFW advises HSBC on US$300m SACE Facility for Bahrain's nogaholding
  • The French Mistral: The Case of the Russian Sale and Its Aftermath
  • Lessors & ECAs lead rhuge Air India jet order while Kenya Airways defaults on EXIM
  • Public Financing as a Critical Path Forward to a Just Energy Transition in Africa
  • Swedish Export Credit (SEK) Securities Exchange Act Form 6-K
  • Finnvera Group 2022 Financial Statements
  • New ECGC policies to support Indian Exporters: Economic Survey Report 2023
  • Dutch climate expenditure audit reveals inconsistencies
  • Pandemic, disasters, war: Michal Ron looks back on Berne Union Presidency
  • Finnvera change signals new ECA opportunities for SMEs

January 2023

  • Public Financing as a Critical Path Forward to a Just Energy Transition in Africa
  • Trade Finance In Wartime
  • Heads of G7 Export Credit Agencies Express Support for Ukraine
  • Court finds UKEF’s $1.15 bln funding for Mozambique LNG project lawful
  • UKEF signs deal with Egyptian construction titan to boost post-Brexit trade with Africa
  • "Green" Hydrogen: What role for ECAs?
  • Comparing Government Financing of Reactor Exports
  • Saudi and Italian ECAs sign MoU to enhance trade cooperation
  • Mexico Expects State Oil Giant Pemex to Pay Its Debt Without Government Help
  • Chinese export insurer scales up support for foreign trade
  • Spain's CESCE restricts fossil fuel finance, but leaves major gas loopholes
  • India extends aid worth USD 3.9 billion to help Sri Lanka face economic crisis
  • GE secures €1bn agreement with Polish ECA
  • Uganda cancels $2.2bn Chinese rail contract, signs with Turkey
  • Dutch climate expenditure audit reveals inconsistencies

December 2022

  • EU adopts new package of sanctions against Russia
  • Germany reveals considation of 10 large international fossil fuel projects worth EUR 1 billion, despite major climate pledge
  • Fitch affirms SACE now under Italian government control
  • Canada to (mostly) stop subsidizing international fossil fuel projects
  • Canada and New Zealand map out pledges to axe ECA fossil fuel support
  • Blocking a Carbon Bomb: Tiwi Islanders prevent $4.7 billion Barossa offshore gas project in Australia
  • What ETMs can and can’t do for coal retirements
  • Australia in talks to help PNG buy $1.1 bln PNG LNG stake
  • Germany accelerates Europe’s “Neo-Scramble for Africa”
  • Germany suspends ECA guarantees for business with Iran amid protests
  • Legal challenge over UK funding of Mozambique gas project goes to appeal court
  • Who watches Czech state’s ECA obligations to big businesses?
  • Are French ECAs ready to join early reconstruction of Ukraine?
  • Poseidon Principles: [Only] 7 of 28 banks in line with IMO’s GHG reduction target
  • Jaguar Land Rover lands UKEF-backed export loan
  • South African exporters assured Export Credit Insurance Corporation now has expanded cover
  • Chinese ECA sees underwriting growth of 9%

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

  • Ukraine: TFX Trade Risk Briefing - What might be the impact of sanctions?
  • Paris Agreement alignment of EDC (NOT!)
  • Germany suspends Russian export credit guarantees
  • Indian exporters hold back shipments to CIS
  • 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

December 2021

  • ECA Watch letter to European Commission re ECAs and corporate social governance
  • Russia's Amur Gas Chemical Complex secures $9.1 bln in ECA & bank loans
  • General Electric : Another milestone for Dogger Bank Wind Farm as it reaches financial close for third phase
  • 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

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