(ECA Watch, Ottawa, 30 May 2020) This month's news is dominated by vast amounts of export credit funding approved to shore up companies facing an international collapse of consumption, production and trade resulting from the world-wide COVID-19 pandemic. How much government support is going to...
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2020/04/29
Issue: Climate Change, Oil, Gas and Mining, Transparency
Member: Both ENDS
(CIS University of Zurich, 2 April 2020) ECAs are a hitherto under-researched contributor to lock-in of fossil fuel infrastructure. This study reviews external policies and standards as well as internal policies and commitments that may affect ECAs’ portfolios – ...
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2020/02/29
Issue: Debt, Transparency
(Reuters, Washington, 11 February 2020) World Bank President David Malpass on Monday chided other development banks for lending too quickly to heavily indebted countries, saying that some of them were helping worsen already-challenging debt situations. Malpass said at a World Bank-IMF debt...
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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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2020/01/28
Country: Canada
ECAs: Export Development Canada
Issue: Debt, Transparency
(iPolitics, Ottawa, 22 January 2020) A report from Public Accounts of Canada for the 2018-19 fiscal year contains a line item for $196,010,248 that was written off from Export Development Canada’s (EDC) Canada Account, which offers financing for higher-risk projects and sales that the...
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2019/12/31
Country: China, Finland, Sweden, United Kingdom, USA
Issue: OECD, Transparency, World Trade Organization
(Zdnet, York PA, 26 December 2019) Huawei Technologies has lashed out at a Wall Street Journal report that suggests the tech giant's success is fuelled by billions of dollars in financial support from the Chinese government, arguing that its ties are no different from any other "private company...
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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
Country: Netherlands
ECAs: Atradius
Issue: Corruption, Transparency
(Bahamas Tribune, Nassau, 12 November 2019) The Dutch company that supplied nine Royal Bahamas Defence Force vessels, Damen Shipyard Group, misrepresented to the Dutch government how much it paid a foreign intermediary that worked on the project. The World Bank disbarred Damen for 18 months in...
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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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2019/08/30
Issue: Common Approaches, OECD, Transparency
Member: Bank Track
(Bank Track, Nijmegen, 27 August 2019) 79 civil society organisations and partners have submitted a ...
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2019/07/29
Country: Canada
ECAs: Export Development Canada
Issue: Corruption, Transparency
Member: Above Ground
(Globe and Mail, Toronto, 2 July 2019) A federal review of Export Development Canada has exposed serious shortcomings at the Crown corporation, noting its disclosure practices fall far short of other financial institutions, and that the agency is not legally obligated to consider the...
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2019/04/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Common Approaches, OECD, Transparency
(Australian Council for International Development, Canberra, 14 Feb, 2019) ACFID has raised concerns about reform to Australia’s export credit agency - EFIC - as part of the Australian Government’s Pacific ‘step-up’ and is calling for the legislation to be referred to a parliamentary committee...
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2019/01/29
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Renewables, Transparency
(UK Parliament, London, January 2019) The Terms of Reference, membership, witness submissions, witness guidelines and the calendar of the UK Parliament's Environmental Audit Committee inquiry into UK Export Finance are now available online.
2018/12/30
Country: China
Issue: BRIC countries, Debt, OECD, Transparency, World Trade Organization
(TFX News, London, 10 December 2018) Often priced at well below accepted market rates, Chinese official finance is a major hurdle to fair competition in the global export market. A growing number of governments are attempting to compete by circumventing OECD rules and blurring trade with aid....
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