(Jubilee Australia, Sydney, 17 January 2017) Jubilee Australia has demanded that no expansion of Efic's mandate be allowed unless the institution improves its transparency and due diligence. Jubilee's concerns, summed up in an article in the...
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(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...
more(ECA Watch, 30 November 2016, Ottawa) In a report dated November 30th 2016 the Dutch...
more(EuroActiv, Brussels, 7 October 2016) International finance institutions and member state export credit agencies continue to invest in projects outside the EU involving cruel farm animal confinement systems banned in the EU. Better joined-up thinking is needed with regard to investment policy...
more(Jubilee Australia, Sydney, 9 September 2016) The Jubilee Australia Research Centre and Oxfam Australia have submitted comments on Efic Policies and Procedures for environmental and social review of transactions prior to a 2016 government review. They note that, although Efic’s approach to...
more(Brave New Coin, Southbank AU, 15 August 2016) Bank of America Merrill Lynch (BofAML), HSBC, and the Infocomm Development Authority of Singapore (iDA) recently announced that they have jointly developed “a prototype solution built on Blockchain technology that could change the way businesses...
more(Global Trade Review, London, 31 March 2016) UK Export Finance has adopted the Equator Principles, a global framework aiming to promote sustainable project financing. Introduced in 2003 and already adopted by 80 financial institutions, the Equator Principles are a risk management framework to...
more(TFX News, London, 11 January 2016) Localisation requirements in emerging-markets projects are meant to be a way of giving back; an attempt at ensuring a lasting beneficial legacy for the local population of the respective country. But is this ostensibly benign endeavour offering a perfect...
more(Both ENDS, Amsterdam, 17 December 2015) On 8 June 2015 Both ENDS – in conjunction with and on behalf of Associação Fórum Suape Espaço Socioambiental, Conectas Direitos Humanos and Colônia de Pescadores do Município do Cabo de Santo Agostinho – notified the Dutch National Contact Point of a...
more(Hasankeyf Action Day, Hasankeyf, 20 September 2015) On September 20th, activists, social movements and NGO's joined an international action day for the conservation of Hasankeyf and the Tigris River. Protesting against the Ilisu Dam Project, a large demonstration took place in the 10.000 year...
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ARCHIVE ONLY - NOT MAINTAINED Nigeria's Bonny Island LNG Project Corruption Case Summary
Brown & Root (KBR), the British subsidiary of Halliburton, has been accused of offering a USD $180M bribe to Nigerian officials to secure a contract for the...
moreUnearthing the shadowy world of Export Credit Agencies. This report examines some of the problems with...
(June 10, 2008) This briefing note by Both ENDS and FERN highlights the fairly hidden role of Export Credit Agencies (ECAs) in the debt problems of many developing countries. It explains how export credit debt comes about, and clarifies how the cancellation of export credit debt is...
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