(Swedwatch, Stockholm, 27 April 2023) Despite promises to make financial flows consistent with a low-carbon economy, EU member states continue to provide financial support to the fossil fuel industry through export credits. It is time that the EU Commission replaces its outdated policy with new...
morePublications Index
Current search
Search through the extensive collection of publications and news items on the ECA-Watch website. You can refine your search by selecting from the categories on the left.
Search found 253 items
- [all items]
- (-) Remove Climate Change filter Climate Change
- (-) Remove Oil, Gas and Mining filter Oil, Gas and Mining
2023/05/30
Issue: Climate Change, End Coal Financing, OECD, Oil, Gas and Mining, Renewables, Transparency
(Reinsurance News, Brighton, 15 May 2023) Berne Union, the global association for the export credit and investment insurance industry, has reported that its market showed “strong growth” across business lines in 2022 and a fall in claims paid overall. Highlights from the year’s data show that...
more
2023/05/30
Country: China
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining
(South China Morning Post, Hong Kong, 4 May 2023) The number of financial institutions globally that have committed to coal divestments has doubled in the past three years, but it remains negligible in China, according to a new IEEFA study. While more than 200 “globally significant” companies...
more
2023/05/30
Issue: Climate Change, G7, Oil, Gas and Mining, Transparency
(Price of Oil, Hiroshima, 20 May 2023) G7 Leaders in Hiroshima concluded that there is “an important role” for “increased deliveries of LNG” and that “publicly supported gas investments can be appropriate”, jeopardizing the 1.5ºC warming limit and directly contradicting last year’s G7...
more
2023/05/30
Issue: Climate Change, Common Approaches, OECD, Oil, Gas and Mining, Renewables
(Global Trade Review, London, 24 May 2023) The export credit agencies (ECAs) of OECD countries should take more ambitious action to protect the climate after pouring 77% of their spending into fossil fuel projects between 2018 and 2020, a campaign group has argued. OECD members pumped an annual...
more
2023/04/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Corruption, Oil, Gas and Mining, Transparency
Member: Friends of the Earth USA
(Friends of the Earth, Washington, 13 April 2023) Friends of the Earth has filed an open records request of the Alaska...
more
2023/04/30
Country: Australia
ECAs: Export Finance & Insurance Corporation Australia
Issue: Climate Change, Oil, Gas and Mining, Renewables
(Lowy Institute, Sydney, 6 April 2023) Since 2009 EFA has helped to underwrite global heating by providing roughly AU$1.69 billion to fossil fuel firms, while offering a relatively paltry AU$20 million for renewable energy projects. Last year, many of Australia’s key allies signed the so-called...
more
2023/04/30
Issue: Climate Change, End Coal Financing, OECD, Oil, Gas and Mining, Renewables
(Trade Finance Global, London, 7 April 2023) A modernisation package agreed in principle by participants will specifically allow countries to offer greater support for green projects while also expanding the use of export credits in the context of an evolving world economy and an increasingly...
more
2023/04/29
Issue: Climate Change, End Coal Financing, OECD, Oil, Gas and Mining
Member: Friends of the Earth USA, Oil Change International
(Energy Monitor, London, 17 April 2023) All 38 members of the OECD have pledged to reach net zero, with the US and EU in the middle of hugely significant domestic decarbonisation programmes. Yet export finance remains misaligned with the requirements of net zero, directing seven times more...
more
2023/03/30
Country: Italy
ECAs: SACE S.p.A.
Issue: Climate Change, Common Approaches, OECD, Oil, Gas and Mining
(Earth Org, Hong Kong, 28 March 2023) ) The new policy will allow Italy’s export credit agency SACE to support various fossil fuel projects, including exploration, production, storage, and distribution. Climate experts have strongly criticised the move, saying it would breach international...
more
2023/03/29
Country: Italy
ECAs: SACE S.p.A.
Issue: Climate Change, Oil, Gas and Mining, Transparency
Member: Re:Common
(ReCommon, Rome, 29 March 2023) The decision by the government of Italy and SACE to break their climate promise made during COP26 in Glasgow has aroused strong indignation. SACE, Italy’s export credit agency, will continue to finance fossil fuel projects abroad until at least 2028, thus...
more
2023/03/29
Country: Italy
ECAs: SACE S.p.A.
Issue: Climate Change, Common Approaches, Oil, Gas and Mining
Member: Re:Common
(Global Trade review, London, 22 March 2023) Italy has walked away from a pledge to end support for international fossil fuel projects by the end of last year, indicating it will continue to provide export credit cover for parts of the oil industry in the short term and delaying a decision to...
more
2023/03/29
Issue: Climate Change, Common Approaches, End Coal Financing, European Union, OECD, Oil, Gas and Mining, Renewables, Transparency
(Oil Change International, Washington, 15 March 2023) Promise Breakers, a report released today by Oil Change International, reveals that the Glasgow Statement, a joint commitment forged at the 2021 UN climate summit (COP26...
more
2023/03/29
Issue: Climate Change, Common Approaches, Human Rights, OECD, Oil, Gas and Mining, Renewables
Member: Oil Change International
(Global Trade Review, London, 15 March 2023) A meeting of the OECD Arrangement on export credits ended last week without an announcement of a breakthrough on any key planks in its modernisation agenda. The arrangement was created to avoid like-minded countries from undercutting each other on...
more