(Global Trade Review, London, 11 October 2017) Italian engineering, procurement and construction (EPC) contractor Sicilsaldo has secured an €80mn contract for a gas pipeline project in Mexico, with the backing of Italian export credit agency Sace. “Sace has backed 80% of the €80mn”, a...
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(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...
more(National Herald, New Delhi, 9 May 2017) Australia's Market Forces environmental finance group has...
more(Friends of the Earth, Paris, 18 November 2015) After nearly two years of discussions, the Organisation of Economic Cooperation and Development member countries have finally reached an agreement on reducing their support to some coal plants through their export credit agencies...
more(Reuters, Singapore, 5 August 2015) Chinese banks are leading a group of lenders in financing a 300 MW coal-fired power plant in Zambia that is needed to meet rising demand from miners and an electricity-starved public... The new power plant is part of an $828 million project that includes...
more(ClimateWire, 13 August 2015) In the northern Greek city of Ptolemaida, a new 660-megawatt power plant that burns lignite, a plentiful soft brown coal, is scheduled to be built by 2020. The European Investment Bank has withdrawn funding from the project because of its high CO2 emissions and...
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