(Lexology, London, 25 September 2020) The Equator Principles have been one of the principal frameworks for managing sustainability and ESG risk in projects by financial institutions since 2003. The latest update – known as EP4 – renews the focus on human rights and climate change with effect...
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Search through the extensive collection of publications and news items on the ECA-Watch website. You can refine your search by selecting from the categories on the left.
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2020/08/29
Issue: Climate Change, Common Approaches, Debt, End Coal Financing, Human Rights, Renewables, Transparency
Member: Both ENDS, Counter Current, Friends of the Earth Japan, Friends of the Earth USA, Les Amis de la Terre
(ECA Watch members, 10 August 2020) This 9 page report finds that while ECA responses to COVID-19 are still quickly evolving, it’s now clear that these institutions are:
- Providing more favorable financing terms;
- Expanding the geographic scope of the projects and companies...
2020/06/29
Country: Canada, Saudi Arabia
ECAs: Export Development Canada
Issue: Arms Trade, Human Rights
(Globe and Mail, Toronto, 7 June 2020) The federal government tapped a seldom-used account at Ottawa’s export-financing agency last fall to extend $650-million of support to the US defence contractor building combat vehicles for Saudi Arabia, aid that came as Riyadh was falling behind on...
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Briefings & reports from ECA watch members
2020/06/29
Issue: Climate Change, Common Approaches, European Union, Human Rights, OECD, Transparency
Click below to download the full text of the 18 page ECA Watch gap analysis.
2020/06/29
Issue: Climate Change, Common Approaches, European Union, Human Rights, OECD, Transparency
(ECA-Watch, Amsterdam, 29 June 2020) As part of continued advocacy with the European institutions on Export Credit Agencies (ECAs), European groups are working to enhance the reporting requirements of the EU ECAs under EU...
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2020/04/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights
(Global Trade Review, London, 24 April 2020) Countries across the world are imposing bans or restricting the export of medical goods. The Global Trade Alert team at Switzerland’s University of St Gallen reports that 75 countries have now introduced export curbs on medical supplies. The US...
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2020/04/30
Country: Korea
ECAs: Export Import Bank of Korea
Issue: Common Approaches, Human Rights, OECD
(OECD Watch, Amsterdam, 8 April 2020) On 17 March 2020, the Korean National Contact Ppoint accepted a complaint against KEXIM, the export credit agency (ECA) of South Korea, for financial support of harmful palm oil production practices in Indonesia. This is a significant step, as it is the...
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2020/04/30
Country: France, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights, Oil, Gas and Mining
Member: Friends of the Earth USA
(FOE USA, Washington, 20 April 2020) The COVID-19 pandemic has forced large portions of the population to stay home and left millions out of work. Farmworkers, grocery workers, medical professionals, and other frontline workers are forced to put themselves at risk in order to provide everyone...
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2020/03/31
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights, Large Dams
Member: Above Ground
(Amnesty International, Ottawa, 14 March 2020) In 2016, Export Development Canada - a crown corporation that claims its transactions are “environmentally and socially responsible” - approved millions of dollars in loans to Empresas Públicas de Medellin, the company building the HidroItuango dam...
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2020/01/29
Country: Netherlands
ECAs: Atradius
Issue: Corruption, Human Rights, OECD, Transparency
Member: Both ENDS
Translation of the original piece in Dutch found at the above link.
Opinion | Daniëlle Hirsch is director of Both ENDS
This week it came to light in the Dutch newspapers FD...
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2020/01/29
Country: Netherlands
ECAs: Atradius
Issue: Corruption, Human Rights, OECD, Transparency
Member: Both ENDS
(Guardian, Luanda, 20 January 2020) Until the summer of 2013, Areia Branca, a fishing village just outside Luanda, the capital of Angola, was home to a thriving fishing community of 3,000 families. Now there is no trace of their houses, only sand, a pile of gravel, egrets, a bulldozer and a...
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2019/11/29
Country: France
ECAs: COFACE
Issue: Arms Trade, Human Rights, Oil, Gas and Mining, Transparency
Member: Les Amis de la Terre
(Sum Of Us, Paris, 7 November 2019) - A report published today by L'Observatoire des armements and SumOfUs in collaboration with Les Amis de la Terre France, documents the militarisation of Total's activities in Yemen since the 1980s. Open sources and witness testimony reveal that Total’s gas...
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2019/11/29
Issue: European Union, Human Rights
(European Council, Brussels, 28 November 2019) The Finnish Presidency of the European Council is hosting a conference on 2 December on business and human rights. The agenda includes a panel on "Promoting Human Rights Due Diligence through State Financing", noting that "A critical way for states...
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2019/10/30
Country: Indonesia, Korea
ECAs: Export Import Bank of Korea
Issue: Climate Change, Corruption, End Coal Financing, Human Rights, Oil, Gas and Mining
(Korea Herald, Seoul, 7 October 2019) While South Korea has vowed to phase out fossil fuels and turn to clean energy to combat climate change and air pollution, it is supporting coal-fired power plants elsewhere - like in Indonesia. The government is virtually contributing to environmental...
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2019/10/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Debt, Human Rights, Oil, Gas and Mining
(MACAUHUB, Macau, 30 September 2019) Despite overwhelming evidence that the proect will emit at least 5.2 million tons of...
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