Publications Index
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2012/12/31
(Pacific Environment, San Francisco, 13 December 2012) Conservation groups filed a lawsuit today challenging the U.S. Export-Import Bank’s nearly $3 billion in financing for a massive Australian fossil fuel facility in the Great Barrier Reef World Heritage Area. Construction and operation of the... more
Region: Asia and the Pacific
Country: Australia
2012/12/31
(Eurodad, Brussels, 13 December 2012) Export credit debts constitute the largest component of the external bilateral debt of developing countries. Last year, Eurodad research revealed that almost 80% of poor countries’ debts to European governments come from export credit guarantees, which are in... more
Region: Middle East and North Africa
2012/12/31
(China Daily, Hong Kong, 15 December 2012) The mainland trade credit insurance industry has been developing rapidly. Export credit insurance is one kind of trade insurance which exporters purchase to yield financial protection in case of any default by overseas buyers or mainland producers. In 2011... more
Region: Asia and the Pacific
2012/12/31
(US Treasury Dept., Washington, 4 May 2012) In February 2012, the United States and China established an international working group of major OECD and non-OECD providers of export financing to make concrete progress towards a set of international guidelines on the provision of official export... more
Region: Asia and the Pacific
Country: China, USA
2012/12/31
(Jubilee Australia, Sydney, 12 December 2012) This investigative report by Jubilee Australia highlights circumstances, events and impacts associated with Exxon Mobil’s US $19 billion Gas Project in Papua New Guinea’s (PNG) Southern Highlands, which has up to $400 million of Export Finance and... more
Region: Asia and the Pacific
Country: Australia
2012/12/31
(Oxfam Australia, Brisbane, 1 November 2012) As EFIC would be aware, the Oyu Tolgoi Copper-Gold mine located in southern Mongolia is a massive project. Oyu Tolgoi is reportedly the largest copper-gold deposit in Mongolia and is one of the world’s largest undeveloped copper-gold deposits. The scale... more
Region: Europe, Central Asia & Russia
Country: Australia
2012/12/31
(Halifax Initiative, Ottawa, December 2012) A complex range of public and private institutions provide financing for both corporate and state activity that is associated with human rights abuses. These financial institutions present an opportunity for the widespread dissemination and implementation... more
2012/12/31
(OECD, Paris, 13 November 2012) The OECD’s Working Party on Export Credits and Credit Guarantees (ECG) and the Participants to the Arrangement on Officially Supported Export Credits held a 1/2 day consultation with CSOs on 13 November. The purpose was two-fold: 1st, to update CSOs on recent... more
Issue: OECD, Renewables
2012/12/31
(Business Standard, New Delhi, 5 December 2012) Government auditor CAG today pulled up Export Credit Guarantee Corporation for not having proper arrangements with banks to finance exporters resulting in a loss of about Rs 310 crore (US$56.6 million) during the period between 2008-09 and 2010-11.... more
Region: Asia and the Pacific
2012/11/30
(Eurodad, Brussels, 13 Nov 2012) The UK coalition government’s official export credit insurer UK Export Finance has revealed information about the origin of ‘Third World Debts’ owed to the UK for the first time. UK newspapers The Guardian and Metro have raised questions about the use of taxpayer... more
Country: United Kingdom
2012/11/30
(Ministry of Commerce, Beijing, 29 September 2012) The first Guidance on Social Responsibility of China’s International Project Contracting Industry has been officially released. Prepared by China International Contractors Association under the direction of the Ministry of Commerce, the Guidance is... more
Region: Asia and the Pacific
Country: China
2012/11/30
(International Rivers Network, Berkeley, 26 November 2012) Chinese dam builders have come to dominate the world market. Civil society groups have documented serious social and environmental impacts with numerous Chinese dams in Africa, Asia and Latin America. A new guide published by International... more
2012/11/30
(IDB, Washington, 29 November 2012) The Inter-American Development Bank (IDB) has approved as much as $153 million in loans for the establishment of a new equity investment platform for Latin America and the Caribbean in partnership with the Export-Import Bank of China.
2012/11/30
(Pacific Environment, Doha, 28 November 2012) The Obama Administration is supporting skyrocketing export subsidies for dirty fossil fuels through the United States Export-Import Bank (Ex-Im Bank). The subsidies, revealed in the newly released Ex-Im Bank 2012 Annual Report, are significantly larger... more
Country: USA
Issue: Climate Change
2012/11/30
(Gazzetta del Sud, New Delhi, 30 November 2012) Italy's export-credit agency SACE has opened an office in the Indian economic capital Mumbai, the financial and insurance group said on Friday. The office is to act as a hub for the South Asian markets of India, Bangladesh and Pakistan. SACE currently... more
Region: Asia and the Pacific
Country: Italy