(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
Country: France
ECAs: COFACE
Issue: Arms Trade, Human Rights, Oil, Gas and Mining, Transparency
Member: Les Amis de la Terre
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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2019/09/29
Issue: Climate Change, Human Rights, Renewables
(Down to Earth, New Delhi, 4 September 2019) A stubbornly high $1.5 trillion global trade finance gap is hampering efforts to achieve the United Nations-mandated sustainable development goals (SDG), especially those pertaining to women’s economic empowerment, job creation and inclusive growth,...
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2019/09/28
Country: Austria
ECAs: Oesterreichische Kontrollbank AG
Issue: Climate Change, Human Rights, Renewables
(Global Capital, London, 5 September 2019) OeKB, Austria’s export credit agency, will go on roadshow next week to present its recently established sustainability bond framework to European investors. BNP Paribas, Danske Bank, HSBC and UniCredit won the mandate and will arrange a series of fixed...
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2019/08/30
Country: Canada
ECAs: Export Development Canada
Issue: Climate Change, Corruption, Human Rights, Transparency
Member: Above Ground
(Above Ground, Ottawa 29 August 2019) For decades, Export Development Canada (EDC) has been subject to minimal public scrutiny, with media and Parliament rarely asking questions about the social and environmental costs of the business it supports. But recently, with some of the agency’s highest...
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2019/07/29
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights
(Reuters, Toronto, 3 July 2019) Canada's export credit agency has lifted a "closed" status on Saudi Arabia-related activity after almost a year of frosty relations between the two countries, citing improved business conditions in the Middle Eastern kingdom. The move by Export Development Canada...
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2019/06/30
Country: Norway
Issue: Human Rights
(Asia Shipping Media, Singapore, 5 June 2019) Norway is pushing to create a shipbuilding regulation akin to the ship recycling sector’s Hong Kong Convention whereby yards will be blacklisted for financing if they are found to have deficient labour and human rights standards. The initiative is...
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2019/05/30
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights
Member: Above Ground
(National Post, Ottawa, May 2019) OTTAWA — Export Development Canada is declaring itself a leading defender of human rights, but workers groups and advocates say the Crown agency’s long-awaited new policy falls well short of what’s needed. The United Steel Workers of Canada declared it a...
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2019/02/27
Country: Canada, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights
(20 Essex Street, London, 2 February 2019) A recent UN report with recommendations to advance efforts to eradicate modern slavery has mentioned, amongst other examples, the direct or indirect involvement of a state in the commission of offences via ECA funding of slavery-tainted enterprises....
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