(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.
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2019/01/29
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Renewables, Transparency
2018/10/29
Country: Belgium, Denmark, United Kingdom
ECAs: Denmark EKF
Issue: Renewables
(Global Trade Review, London, 28 September 2018) Denmark’s EKF has signed an £800mn guarantee for Hornsea 1 in what it says is the largest wind financing that any public export credit agency has ever provided. Located off the coast of Yorkshire, UK, Hornsea 1 is currently being constructed by...
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2018/10/28
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Oil, Gas and Mining, Renewables, Transparency
(Global Witness, London, 10 October 208) On the week that the Intergovernmental Panel on Climate Change has released its report on the scale of the challenge to limit the dangers of climate change, the near-simulanteous announcement of new UK Government support for oil and gas abroad has been...
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2018/04/30
Country: USA
ECAs: Export-Import bank of the United States
Issue: Climate Change, Oil, Gas and Mining, Renewables
(Observer Research Foundation Online, New Delhi, 19 April 2018) The role of Export Credit Agencies (ECAs) in promoting climate compatible development has been controversial. Despite independent and collaborative efforts from countries ensuring that [environmental degradation] is not an option...
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2018/02/01
Issue: Climate Change, End Coal Financing, OECD, Renewables
(Kallanish Energy, Hammersmith, 5 January 201) With power demand in Southeast Asia expected to grow at roughly 4.6% per year in the next 10-plus years, baseload, low-cost coal-fired generation offers an investment opportunity of $250 billion over the next decade, Wood Mackenzie projects. The...
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2017/12/31
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining, Renewables
Member: Bank Track, Les Amis de la Terre, Re:Common, urgewald
(ECA Watch, Ottawa, 31 December 2017) At the One Planet Summit in Paris in December 2017 a number of NGO, environmental and social movement organizations released briefings and research reports highlighting fossil fuel projects that are being funded by multilateral and national development...
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2017/10/29
Issue: Activists demand end of massive OECD support for fossil fuels, Climate Change, Common Approaches, End Coal Financing, G20, Oil, Gas and Mining, Renewables
Member: Both ENDS, Friends of the Earth Japan, Friends of the Earth USA, Jubilee Australia, Re:Common, urgewald
(FOE US, Washington, 16 October 2017) Although at least seven major countries — including Canada, France, and Germany — have made commitments to phase out coal power domestically, their export credit agencies, or ECAs, have poured money into coal plants and other fossil fuel projects in other...
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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
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining, Renewables
(Guardian, London, 5 July 2017) The G20 nations provide four times more public financing to fossil fuels than to renewable energy, a report has revealed ahead of their summit in Hamburg, where Angela Merkel has said climate change will be at the heart of the agenda. The authors of the report...
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2016/09/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Climate Change, Common Approaches, OECD, Renewables, Transparency
(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...
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2016/05/31
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Renewables
(SeeNews Renewables, SofiA, 18 May 2016) The UK and Kenya governments on Tuesday signed a memorandum of understanding (MoU) to increase cooperation on renewable energy. As part of the agreement, UK Export Finance (UKEF), the UK’s export credit agency, is ready to consider requests for export...
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2016/01/28
Country: China, Italy
ECAs: EXIM Bank China, SACE S.p.A.
Issue: Renewables
(Global Trade Review, London, 25 January 2016) Italian utility group Enel has secured a US$1bn line of credit from the Bank of China, backed by Sinosure, the Chinese state export credit insurer. The five-year facility is aimed at financing projects involving Chinese companies around the world...
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2016/01/27
Issue: Climate Change, Large Dams, OECD, Renewables
(International Rivers, Berkeley, 3 December 2015) At the Paris COP, 500 NGOs from 85 countries published a manifesto on 10 Reasons Why Climate Initiatives Should Not Include Large Hydropower Projects. The manifesto explicitly refers to the inclusion of large hydro projects in the special terms...
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2015/07/29
Country: India, USA
ECAs: Export-Import bank of the United States
Issue: Renewables
(Bloomberg, Washington, 7 July 2015) The U.S. Export-Import Bank’s $1 billion program to boost India’s clean-energy industry has been suspended after the institution’s lending authority lapsed, an Indian government official working on the project said. Indian Renewable Energy Development Agency...
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2015/05/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Renewables
Member: Corner House
(Global Trade Review, London, 13 April 2015) The Labour Party's Cole Commission has called for the combination of the UK Trade and Investment (UKTI) and UK Export Finance (UKEF) agencies into one entity to achieve better co-ordination and support of British exporters....
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