(New York Times, LONG PHU, Vietnam, 26 January 2018) With help from a Kremlin-connected Russian bank, Vietnam is building a coal-fired power plant called Long Phu 1 that will produce an estimated 5.4 million tons of carbon dioxide a year, generating enough electricity to power millions of homes...
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2018/01/31
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, End Coal Financing, OECD
Member: Friends of the Earth USA
2017/12/31
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Common Approaches, Corruption, Human Rights, OECD, Transparency, World Trade Organization
(Global Trade Review, London, 7 December 2017) UK Export Finance (UKEF) has announced plans for a new invoice financing scheme for exporters in a bid to boost exports through supply chain efficiency. GTR has learned that the new scheme will allow an exporter to set up a supply chain discounting...
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2017/11/30
Issue: Climate Change, End Coal Financing, OECD, Oil, Gas and Mining
Member: Friends of the Earth USA
(Friends of the Earth US, Washington, 14 November 2017) Precisely as the world’s attention is focused on addressing climate devastation at the 23rd United Nations Climate Conference (COP23) in Bonn, Germany, the largest public drivers of fossil fuel financing are meeting a mere 320 miles away...
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2017/11/30
Issue: Climate Change, European Union, OECD, Transparency
(CEE Bankwatch Network, Prague, 22 November 2017) In 2015-2017 Finance & Trade Watch and CEE Bankwatch Network together with its national partners researched export credit agencies (ECAs) in seven countries of the European Union (Austria, Czech Republic, Croatia, Hungary, Poland, Romania...
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2017/08/30
Country: United Kingdom
ECAs: Export Finance and Insurance Corporation
Issue: OECD, Transparency
(Manufacturing & Engineeing Magazine, London, 3 August 2017) UK Export Finance, or UKEF, the Government and UK export credit agency has released a report for their...
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2017/08/30
Country: Netherlands
ECAs: Atradius
Issue: Climate Change, End Coal Financing, European Union, OECD, Oil, Gas and Mining, Renewables
Member: Both ENDS
(ECA Watch & Both ENDS, Amsterdam, 24 August 2017) In response to a European Greens Parliamentary question, Cecilia Malmström, European Commissioner for Trade, replied...
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2017/07/30
ECAs: Euler Hermes Deutschland AG, Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance
Issue: OECD
(Global Trade Review, London, 12 July 2017) Medium and long-term export credit activity nosedived among OECD countries in 2016, led by a massive decline in activity at US Exim. With notable exceptions (including France, Italy, Sweden and the UK) export credit volumes declined in many major...
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2017/05/31
Issue: Common Approaches, End Coal Financing, OECD
Member: Friends of the Earth USA
(World Coal, Surrey, 19 May 2017) Development finance is essential to help the advancement and empowerment of low and middle income economies. But, past announcements by multilateral development banks restricting finance for greenfield coal plants cast doubts on future funding. This approach to...
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2017/05/30
Country: Indonesia, Japan
ECAs: Japan Bank for International Cooperation
Issue: End Coal Financing, OECD
Member: Friends of the Earth Japan
(Friends of the Earth Japan, Tokyo, 24 May 2017) On May 24, 2017, two Indonesian community representatives affected by the JIBC supported Cirebon Coal-fired Power Plant Project in West Java arrived in Japan and handed their objections to the Japan Bank for International Cooperation (JBIC) with...
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2017/01/31
Issue: OECD, World Trade Organization
(ECA Watch, Ottawa, 31 January 2017) On January 18, 2017, the first day of a 2 day special meeting of a joint OECD Development Assistance Committee (DAC) and OECD Export Credit Working Group (ECG)...
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2016/12/30
Issue: OECD, Transparency
(OECD, Paris, 10 October 2016) The OECD ECG has produced a broad stroke two year old sectoral overview of OECD member ECAs activities which is not linked on its "latest documents" page, but can be found...
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2016/11/30
Country: Brazil, Netherlands
ECAs: Atradius
Issue: Human Rights, OECD, Transparency
Member: Both ENDS
(ECA Watch, 30 November 2016, Ottawa) In a report dated November 30th 2016 the Dutch...
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2016/11/30
Country: Brazil, Netherlands
ECAs: Atradius
Issue: Common Approaches, OECD
Member: Both ENDS
(ECA Watch, 30 November 2016, Ottawa) In a report dated November 30th 2016 [new link to go here], the Dutch National Contact Point (NCP), official monitoring body of the...
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2016/10/31
Issue: Debt, OECD
(Eurodad, Brussels, 7 October 2016) Eurodad has learned that at an October 10 meeting of the OECD Development Assistance Committee (DAC) it was to be decided that the DAC would approve a blurring of lines between export credits and Official Development Assistance (ODA). The issue is now to be...
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