(ECA Watch, Amsterdam, 25 November 2021) The European Commission is working on a proposal for a directive on corporate social governance, which will include a regulation of the human rights and environmental due diligence (HREDD) obligations of corporations. We urge the proposed new regulation...
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Briefings & reports from ECA watch members
2021/12/31
Issue: Climate Change, Corruption, European Union, Human Rights, Transparency
The European Commission is working on a proposal for a directive on corporate social governance, which will include a regulation of the human rights and environmental due diligence (HREDD) obligations of corporations. We urge the proposed new regulation to become legally binding on the due...
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2021/12/31
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights
(Epoch Times, Washington, 22 December 2021) Lithuania's regional and economic stability is facing challenges from the Chinese regime for allowing self-ruled Taiwan, which Beijing claims as a runaway province, to open a de facto embassy in its capital Vilnius. In response, China recalled its...
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2021/11/30
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights
(Reuters, Vilnius, 19 November 2021) Lithuania will sign a $600 million export credit agreement with the U.S. Export-Import Bank next week, Economy Minister Ausrine Armonaite told Reuters, days after China warned it would "take all necessary measures" after Lithuania allowed Taiwan to open a de...
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2021/10/30
Country: Italy, Netherlands, United Kingdom
Issue: Climate Change, Corruption, Human Rights, Oil, Gas and Mining
(PUNCH Nigeria, Lagos, 24 October 2021) The £1.5bn financing set aside for Nigeria by the UK Export Finance, the United Kingdom government’s export credit agency, has remained largely untouched, the UK Government Department for International Trade, Nigeria has said at the 2021 Energy...
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2021/09/29
Issue: Human Rights
(IISD, Winnipeg, 16 September 2021) A UN Special Rapporteur has issued 2 reports on human rights in the area of hazardous substances. The report calls for phasing out subsidies and export credit and guarantees for fossil fuel extraction, plastics production facilities, and plastic-to-energy...
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2021/09/29
Issue: Debt, Human Rights
(Bloomberg Opinion, 7 September 2021) In an opinion written for Bloomberg, the former Governor of the central bank of Afghanistan (DAB) notes: "There are optimistic suggestions that the hard-won integration of Afghanistan into the global economy will remain despite the ascendancy of the Taliban...
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2021/09/29
Country: Germany
ECAs: Euler Hermes Deutschland AG
Issue: Climate Change, Human Rights, Oil, Gas and Mining
Member: urgewald
(Urgewald, Berlin, 15 September 2021) A new report by the environmental organisations urgewald and Deutsche Umwelt-Hilfe (DUH) shows that the German government is supporting climate-damaging oil and gas projects with guarantees worth billions of euros. In the report, the organisations examine...
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Briefings & reports from ECA watch members
2021/09/29
Country: Germany
ECAs: Euler Hermes Deutschland AG
Issue: Climate Change, Human Rights, Oil, Gas and Mining
Member: urgewald
Berlin 15.09.2021
A new report by the environmental organisations urgewald and Deutsche Umwelt-Hilfe (DUH) shows that the German government is supporting climate-damaging oil and gas projects with guarantees worth billions of euros.
- German government provides support for oil...
2021/09/29
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Human Rights, Transparency
(The Times, London, 20 September 2021) The UK's UKEF has been accused of exaggerating how many businesses it has supported, of undermining the national drive towards net-zero carbon emissions and of doing too little to help smaller exporters. MPs on the Commons’ international trade committee...
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2021/08/31
Country: China
ECAs: EXIM Bank China
Issue: Human Rights
(Global Trade Review, London, 11 August 2021) Chinese banks have a “dismal” rate of engagement with concerns about the human rights impacts of their overseas investments, a new report says. The London-based...
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2021/08/31
Issue: Human Rights
(This Day Alive, Lagos, 8 August 2021) The Nigerian Export Import Bank (NEXIM) has introduced a specific policy intervention that is promoting economic and social inclusion of key segments of the population, in particular women and youth. UN population projections for Nigeria in 2020 indicated...
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2021/06/29
Issue: Climate Change, G20, Human Rights
(Human Rights Watch, New York, 7 June 2021) Government financial support for fossil fuels, including through subsidies, presents a key obstacle to achieving emissions reductions urgently needed to address the climate crisis. Subsidies artificially reduce the costs of fossil fuel production and...
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2021/05/30
Country: Russia, Sweden
Issue: European Union, Human Rights
(The Journal, Dublin, 18 May 2021) Belarus was increasingly isolated today as Europe cut air links and calls grew for more action over its diversion of an airliner and arrest of a dissident on board. The Swedish Export Credit Agency (EKN) said today it was withdrawing export guarantee offers...
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2021/04/28
Country: United Kingdom
ECAs: Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Oil, Gas and Mining
(Africa Times, Roubaix, 22 April 2021) The British government’s investment in developing liquified natural gas (LNG) projects in Mozambique – projects contributing to the conflict and instability in the country’s north – is headed for judicial review following a successful legal filing from the...
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