(Oil Change International, Washington, June 2014) A new campaign toolkit provides guidance on how to identify the many forms of coal subsidies, to quantify them where possible, and to campaign to ultimately eliminate them. The toolkit covers national subsidies and public finance for coal,...
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2014/06/30
Country: Netherlands, United Kingdom, USA
Issue: Climate Change, Oil, Gas and Mining
(Reuters, Washington, 16 June 2014) The United States, United Kingdom and Netherlands will float a plan this week requiring new coal-fired power plants to meet a carbon pollution standard in order to receive public funding from the world's wealthiest countries, according to a draft seen by...
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2014/06/30
Country: France, USA
Issue: Corruption
(US Dept. of Justice, Washington, 34 <july 2014) The U.S. Department of Justice announced today that an $80 million False Claims Act judgment was entered against BNP Paribas for submitting false claims for export payment guarantees issued by the U.S. Department of Agriculture. BNP Paribas...
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2014/06/30
Country: USA
ECAs: Export-Import Bank of the United States
(Export Import Bank, Washington, June 2014) Ex-Im's annual competitiveness report provides useful statistics about volumes of ECA financing not published by the OECD over the last few years, by OECD and non-OECD countries, by type of financing, trends, etc. For example:
Fig.1 p.3 GLOBAL...
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2014/06/10
Starting Monday, June 16, governments in the Organization for Economic Cooperation and Development (OECD) will meet to discuss financing through their Export Credit Agencies – public agencies that fund or guarantee private corporations from their home country to invest or export overseas.
These... more
Letters & statements
2014/06/10
Issue: Climate Change, Common Approaches, European Union, OECD, Oil, Gas and Mining
Member: Both ENDS, Corner House, Counter Current, Finance & Trade Watch, Euronatura, FERN, Friends of the Earth Japan, Above Ground, Les Amis de la Terre, Observatory on Debt in Globalization, , Re:Common, urgewald
FOR IMMEDIATE RELEASE
11 June 2014
International NGOs Call on Governments to #EndCoalFinance
On Monday, June 16 the Organization for Economic Cooperation and Development (OECD)’s Export Credit Group will meet to discuss...
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2014/05/31
(Business Wire, Stockholm, 12 May 2014) Swedish Export Credit Corporation (SEK) and Bank of China have entered into a EUR 100 million Master Export Credit Facility Agreement for the financing of environmental projects and Swedish clean technology. The purpose of this agreement is to facilitate...
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2014/05/31
ECAs: SACE S.p.A.
Issue: Oil, Gas and Mining
(Oman Observer, Muscat, 29 May 2014) Italian export credit agency SACE has pledged $100 million allocated by HSBC Bank for financing the modernisation of Sohar Refinery, owned and operated by Oman Oil Refineries and Petroleum Industries (ORPIC). The aid granted by SACE, which supports the...
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2014/05/31
Country: Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Portugal, Spain, United Kingdom
ECAs: Atradius, COFACE, Compañía Española de Seguros de Crédito a la Exportación, Ducroire/ Nationale Delcrederedienst, Euler Hermes Deutschland AG, Finnvera, Oesterreichische Kontrollbank AG, SACE S.p.A., UK Export Finance (UKEF)
(European Commission, Brussels, 7 March 2014) Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 November 2011 on the application of certain guidelines in the field of officially supported export credits foresees that Member States shall make available to the...
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2014/05/31
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, SACE S.p.A.
Member:
(Huffington Post, 2 May 2014) The Nation, Huffington Post,...
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2014/05/31
(Both Ends, Amsterdam, 7 May 2014) As reported by Dutch ECA Watch member Both Ends in 2013, a Dutch company, Van Oord, supported by Atradius DSB is dredging the Suape harbour in Brazil with...
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2014/05/31
Country: China, USA
Issue: Oil, Gas and Mining
(Reuters, Moscow, 30 April 2014) Chinese investors are committed to financing part of Novatek's $27 billion Russian gas project, ensuring it has sufficient backing despite losing U.S. support because of sanctions, the company said on Wednesday. The U.S. export credit agency Ex-Im pulled out in...
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2014/05/31
(Paris Club, Paris, 29 May 2014) The representatives of Paris Club creditors and of the Government of the Argentine Republic met on 28 and 29 May 2014 and agreed on an arrangement to clear debt in arrears due to Paris Club creditors over a five year period. Realization of initial payment under...
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2014/05/31
Country: France
Issue: Oil, Gas and Mining
(Reuters, Sydney, 27 May 2014) Dozens of protesters caused tens of millions of dollars in damage to vehicles, equipment and buildings at Vale's nickel mining site in New Caledonia, as anger boiled over at a chemical spill into a local river. The $6 billion Vale plant at Goro was closed earlier...
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2014/05/31
Issue: Climate Change, Common Approaches, Oil, Gas and Mining
(ECA Watch, Brussels, 20 May 2014) more than 30s NGO have endorsed recommendations provided by the briefing "Ending Fossil Fuel Support: the way...
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