(Simple Flying, London, 10 February) Tanzania-based regional carrier Precision Air is in a legal battle with Canadia's Export Development Canada (EDC) for an aircraft financing agreement involving two ATR 42-600s acquired over ten years ago. EDC is claiming about $26 million in unpaid rentals...
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(Pulse News, Soeul, 24 July 2023) The Export-Import Bank of Korea (Korea Eximbank) is gearing up to upgrade its traditional model of financial support for promoting exports of Korean companies to a new level with the introduction of Export Credit Agency (ECA) Version 2.0. The management...
more(Space Daily / AFP, Paris, 30 January 2020) Rich nations are funnelling cash through government-backed financial institutions to provide $30 billion to fossil fuel projects each year that "run counter to the Paris Agreement", a new analysis showed Thursday. The export credit agencies (ECAs) of...
more(Benzinga, Ottawa, 28 January 2019) Export Development Canada today revealed its new Climate Change Policy. The new policy commits EDC to measuring, monitoring and disclosing climate-related risks and opportunities, integrating climate change considerations into business decisions, and...
more(Canada News Wire, Ottawa, 16 May 2018) EDC is now inviting stakeholders from across the Canadian trade and business ecosystems to offer input and constructive feedback on the following key policies under its environmental and social risk management framework on: Environmental and Social Risk...
more(Above Ground, Ottawa, 30 April 2018) In this report, ECA Watch member Above Ground examines reforms needed to raise Export Development Canada’s anti-corruption client screening to a more robust standard. The recommendations are informed by leading anti-corruption policies and guidance...
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