(Alawaba, Amman, 15 May 2013) Masdar, Abu Dhabi’s renewable-energy company, and the US Ex-Im Bank, have signed a Memorandum of Understanding in which they will explore opportunities to structure and deploy up to $2bn worth of Ex-Im Bank’s finance supporting U.S. exports to Masdar’s future...
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2013/05/29
Country: USA
ECAs: Export-Import Bank of the United States
(USGAO, Washington, 23 May 2013) The U.S. Export-Import Bank's (Ex-Im) methodology to calculate the number of U.S. jobs associated with the exports it helps finance has four key steps. Ex-Im reports the number of jobs its financing supports and the methodology it uses but does not describe...
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2013/05/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Oil, Gas and Mining
(New Matilda, Paddington NSW Australia, 14 May 2013) Julia Gillard visited ExxonMobil's new gas project in PNG on Friday. It's the biggest development ever in the Pacific - and Australia is one of its main financers, writes Luke Fletcher of Jubilee Australia. On Friday the Prime Minister was...
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2013/04/30
Country: Australia, Canada, France, Germany, Italy, Japan, Switzerland, United Kingdom, USA
(US State Department, Washington, 11 April 2013) Ministers and senior officials from more than a dozen donor countries met in Washington, D.C. on April 10-11 to discuss ways to meet the challenge of scaling up low-carbon investment in developing countries. Convened and chaired by the USA,...
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2013/04/30
Country: China
(International Rivers, Berkely, 18 April 2013) On February 28th, 2013, the Chinese Ministry of Commerce and the Ministry of Environmental Protection released its ...
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2013/04/30
Country: Netherlands
ECAs: Atradius
(Berne Union, London, 8 April 2013) Atradius Dutch State Business – the Dutch Export Credit Agency – and Exiar – its Russian counterpart – have signed a Memorandum of Understanding (MOU) focused on increasing support to Dutch and Russian companies that jointly conclude export transactions or...
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2013/04/30
Country: Australia
ECAs: Export Finance and Insurance Corporation
(Jubilee Australia, Sydney, 19 April 2013) Jubilee Australia has made a submission this week to the Senate Foreign Affairs, Defense and Trade Legislative Committee, urging the Federal Government to ensure the key recommendations of the recent tax payer funded inquiry into export credit...
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2013/04/30
Country: France
ECAs: COFACE
Issue: Nuclear
Member: Les Amis de la Terre
(Friends of the Earth France, Paris, 26 April 2013) Following in the footsteps of BNP Paribas, the German HypoVereinsbank recently announced that it will not finance the Kaliningrad nuclear power plant in Russia. Today, to mark the anniversary of the Chernobyl disaster, Friends of the Earth...
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2013/04/29
Country: China
(Business Insurance, New York, 29 April 2013) People's Insurance Co. of China has issued the nation's first single short-term export credit insurance for local manufacturing firm Zhejiang Yuanda Electronic Development Co. Ltd., reports Hexun.com. The deal between PICC and Zhejiang Yuanda...
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2013/04/29
Country: Australia, China, Italy, Japan, USA
ECAs: EXIM Bank China, Export Finance and Insurance Corporation, Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, SACE S.p.A.
Issue: Oil, Gas and Mining
Member: Les Amis de la Terre,
(Banktrack, Nijegen, 18 April 2013) A coalition of seven NGOs (BankTrack, Jubilee Australia, Pacific Environment, Act Now! PNG, Mineral Policy Institute, International Accountability Project and Friends of the Earth France) today sent a letter to seventeen banks that are already involved in the...
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2013/04/29
Country: Spain
ECAs: Export Development Canada
(ZDNET, 8 April 2013) Canada's export credit agency is lending European mobile giant Telefonica hundreds of millions of euros to spend on BlackBerry devices and services. The working capital facility from Export Development Canada (EDC) is meant to help the Canadian handset maker grow its...
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2013/04/29
(ECA Watch, Brussels, 29 April 2013) The ECA Watch network has launched its new look and re-furbished website at www.eca-watch.org
Export Credit Agencies (ECAs) continue to be among the largest financiers for some of the most destructive industries...
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Briefings & reports from ECA watch members
2013/04/19
Issue: Corruption, Oil, Gas and Mining, Transparency
ARCHIVE ONLY - NOT MAINTAINED Nigeria's Bonny Island LNG Project Corruption Case Summary
Brown & Root (KBR), the British subsidiary of Halliburton, has been accused of offering a USD $180M bribe to Nigerian officials to secure a contract for the...
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Briefings & reports from ECA watch members
2013/04/19
Issue: Oil, Gas and Mining
ARCHIVE DOCUMENT ONLY - NOT MAINTAINED
Background on Sakhalin:
Sakhalin's waters contain some of the richest fisheries on the Pacific Rim with a salmon fishery unrivalled anywhere in Russia. It is also home to 25...
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Briefings & reports from ECA watch members
2013/04/19
Issue: Climate Change, Corruption, Large Dams, Pulp and Paper, Transparency
Member:
Unearthing the shadowy world of Export Credit Agencies. This report examines some of the problems with...