(Climate Progress, Washington, 7 July 2014) Last December the Export-Import Bank announced it would stop financing coal-fired power plants abroad, with a few exceptions in the poorest countries in the world. Now, as political pressure in the US Congress puts the bank’s future in to question,...
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2014/07/29
Country: France
ECAs: COFACE
Issue: Climate Change
(Le Figaro, Paris, 6 July 2014) The French Minister of Foreign Affairs and International Development has called for an end to public subsidies for fossil fuels. After warning that our addiction to fossil fuels will destroy more wealth than it creates, he called on public and private investors...
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2014/06/30
Issue: Climate Change, Oil, Gas and Mining
(Oil Change International, Washington, June 2014) A new campaign toolkit provides guidance on how to identify the many forms of coal subsidies, to quantify them where possible, and to campaign to ultimately eliminate them. The toolkit covers national subsidies and public finance for coal,...
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2014/06/30
Country: Netherlands, United Kingdom, USA
Issue: Climate Change, Oil, Gas and Mining
(Reuters, Washington, 16 June 2014) The United States, United Kingdom and Netherlands will float a plan this week requiring new coal-fired power plants to meet a carbon pollution standard in order to receive public funding from the world's wealthiest countries, according to a draft seen by...
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2014/05/31
Issue: Climate Change, Common Approaches, Oil, Gas and Mining
(ECA Watch, Brussels, 20 May 2014) more than 30s NGO have endorsed recommendations provided by the briefing "Ending Fossil Fuel Support: the way...
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2014/02/28
Country: France, USA
ECAs: COFACE, Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
Member: Les Amis de la Terre
(Friends of the Earth France, Paris 10 February 2014) Tomorrow French President Francois Hollande will meet US President Barack Obama. Last year, Mr Obama announced the end of US public financing for new coal-fired power plants overseas, he now wants other developed countries to follow suit. In...
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2014/02/28
Country: France, USA
ECAs: COFACE, Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
Member: Les Amis de la Terre
Friends of the Earth France has urged President Hollande and his government to end French support for coal-fired power plants via its export credit agency Coface and the various multilateral development banks in which it plays a significant role...
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2014/02/28
Issue: Climate Change, OECD, Oil, Gas and Mining, Renewables
(Project Syndicate, Davos, 24 January 2014) There is no bailout option for the earth’s climate. Speaking at the World Economic Forum in Davos in January, Gurria noted "Our planet is warming dangerously. And, as the 2013 report by the Intergovernmental Panel on Climate Change makes clear, our...
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2013/12/31
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Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(PR Newswire, 12 December 2013, Washington) The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has adopted revisions to its environmental procedures and guidelines governing high-carbon intensity projects, claiming this aligns the Bank with...
2013/11/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change
(ECA Watch, 30 November 2013, Ottawa) Export Credit Agency Watch (ECA-Watch) members say “hold the applause,” on ...
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2013/11/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change
(Guardian, 20 November 2013, Warsaw) British taxpayers' money will no longer be used to build coal-fired power stations in developing countries, the energy secretary Ed Davey pledged November 20th, as the fortnight-long United Nations climate talks in Poland entered their final phase. The UK...
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2013/07/29
Country: Australia, Canada, France, Germany, Italy, Japan, United Kingdom, USA
Issue: Climate Change
(US State Department, Washington, 11 April 2013) Ministers and senior officials from more than a dozen donor countries met in Washington, D.C. on April 10-11 to discuss ways to meet the challenge of scaling up low-carbon investment in developing countries. The meeting was convened and chaired...
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2013/07/29
Country: Australia
Issue: Climate Change
(Banktrack and Market Forces, Melbourne, 24 July 2013) Chinese banks have been notified that several Australian-based coal export projects could be ineligible for credit under China’s Green Credit Directive. A letter from international banking sector watchdog BankTrack and Australian...
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2013/07/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
Member:
(Bloomberg, Washington, 18 July 2013) The U.S. Export-Import Bank voted to stop consideration of financing for a coal power plant in Vietnam, the first such decision since President Barack Obama vowed to cut federal support for the projects... “By denying taxpayer backed financing for this...
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2013/06/26
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(Bloomberg, Washington, 25 June 2013) President Barack Obama pledged to end U.S. government financing of overseas coal projects, a promise that could end millions of dollars in support for power plants in nations such as Vietnam and India. As part of a “Climate Action Plan” released today,...
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