(Guardian, Sydney, 6 July 2021) Australia’s export credit agency provided more than $1.5bn in finance to fossil fuel projects between 2009 and 2020, about 80X what it spent on renewables, according to a new report from Jubilee Australia. Over the same 11-year period, covering the hottest years...
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2021/07/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Climate Change, Debt, Oil, Gas and Mining, Renewables, Transparency
Member: Jubilee Australia
2020/09/29
Country: China, France, Germany, Italy, Japan, Russia
ECAs: COFACE, Euler Hermes Deutschland AG, Japan Bank for International Cooperation, SACE S.p.A.
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining, Renewables
(Reuters, London, 18 September 2020) International lenders have lined up about $9.5 billion in financial support for a Russian Arctic liquefied natural gas (LNG) project, a document seen by Reuters showed, even as such projects come under greater scrutiny over climate concerns. The $21 billion...
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2020/07/30
Country: Japan
ECAs: Japan Bank for International Cooperation, Nippon Export and Investment Insurance
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining, Renewables
(Global Trade Review, London, 15 July 2020) The Japanese government has tightened its lending criteria for overseas coal-fired power plants, including that it will not provide financial support for any host country that does not have a decarbonisation policy. However, it will continue...
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2014/11/27
Country: Japan, USA
ECAs: Japan Bank for International Cooperation, Nippon Export and Investment Insurance
Issue: Climate Change, Oil, Gas and Mining, Renewables
(Freight News, Piraeus Greece, 24 October 2014) The United States has challenged the Japanese government over moves to ramp up exports of coal-fired power technology and to offer cheap loans to lure buyers, according to a U.S. source with direct knowledge of the matter... Japan’s shipments of...
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