(Above Ground, Ottawa 29 August 2019) For decades, Export Development Canada (EDC) has been subject to minimal public scrutiny, with media and Parliament rarely asking questions about the social and environmental costs of the business it supports. But recently, with some of the agency’s highest...
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2019/08/30
Country: Canada
ECAs: Export Development Canada
Issue: Climate Change, Corruption, Human Rights, Transparency
Member: Above Ground
2019/08/30
Issue: Common Approaches, OECD, Transparency
Member: Bank Track
(Bank Track, Nijmegen, 27 August 2019) 79 civil society organisations and partners have submitted a ...
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2019/07/29
Country: Canada
ECAs: Export Development Canada
Issue: Corruption, Transparency
Member: Above Ground
(Globe and Mail, Toronto, 2 July 2019) A federal review of Export Development Canada has exposed serious shortcomings at the Crown corporation, noting its disclosure practices fall far short of other financial institutions, and that the agency is not legally obligated to consider the...
more
2019/04/29
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Common Approaches, OECD, Transparency
(Australian Council for International Development, Canberra, 14 Feb, 2019) ACFID has raised concerns about reform to Australia’s export credit agency - EFIC - as part of the Australian Government’s Pacific ‘step-up’ and is calling for the legislation to be referred to a parliamentary committee...
more
2019/01/29
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Renewables, Transparency
(UK Parliament, London, January 2019) The Terms of Reference, membership, witness submissions, witness guidelines and the calendar of the UK Parliament's Environmental Audit Committee inquiry into UK Export Finance are now available online.
2018/12/30
Country: China
Issue: BRIC countries, Debt, OECD, Transparency, World Trade Organization
(TFX News, London, 10 December 2018) Often priced at well below accepted market rates, Chinese official finance is a major hurdle to fair competition in the global export market. A growing number of governments are attempting to compete by circumventing OECD rules and blurring trade with aid....
more
2018/12/30
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights, Transparency
(Globe and Mail, Toronto, 25 December 2018) Canada’s largest industry and trade association has asked the federal government to insure foreign investors against the risk their projects might be derailed by [mandatory] consultations with First Nations. The suggestion from Canadian Manufacturers...
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2018/11/27
Country: Canada
ECAs: Export Development Canada
Issue: Climate Change, Corruption, Human Rights, Transparency
Member: Above Ground, Bank Track, Both ENDS, Friends of the Earth USA
(Above Ground, Ottawa, 12 November 2018) Canada’s Export Development Act is under review. In our submission (pdf) to the government...
more
2018/11/26
Issue: Climate Change, European Union, Human Rights, Transparency
Member: Re:Common
(Euractiv, Brussels, 20 November 2018) MEPs need to follow the lead of the European Ombudsman and force the European Commission to shine light on the opaque role of national Export Credit Agencies. An important milestone in this direction was set by recent decisions of the Ombudsman Emily O’...
more
2018/10/29
Country: China
ECAs: Sinosure
Issue: Debt, Transparency
(South China Morning Post, Hong Kong, 29 October 2018) The planning behind many of China’s major infrastructure projects abroad has been “downright inadequate”, leading to huge financial losses, according to the head of the country’s state export credit insurer. Wang Wen, of China Export and...
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2018/10/28
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Oil, Gas and Mining, Renewables, Transparency
(Global Witness, London, 10 October 208) On the week that the Intergovernmental Panel on Climate Change has released its report on the scale of the challenge to limit the dangers of climate change, the near-simulanteous announcement of new UK Government support for oil and gas abroad has been...
more
2018/09/30
Issue: Human Rights, Transparency
Member: Bank Track
(Global Legal Post, London, 29 August 2018) 20 environmental and civil liberties groups have joined foceces to protest against companies using lawsuits they say are aimed at silencing critics. The ‘Protect the Protest’ task force is targeting what it says are known as strategic lawsuits against...
more
2018/09/30
Country: Canada, China, Italy, Japan, South Africa, USA
ECAs: EXIM Bank China, Export Development Canada, Export-Import Bank of the United States, Japan Bank for International Cooperation, SACE S.p.A.
Issue: Oil, Gas and Mining, Transparency
(Daily Maverick, Johannesburg, 3 September 2018) The Export Credit Insurance Corporation of South Africa (ECIC) uses public funds for international projects it chooses to invest in. Right now, the agency is considering lending a part of $14-billion needed by US energy company Anadarko for a...
more
2018/09/30
Country: Canada
ECAs: Export Development Canada
Issue: Human Rights, Transparency
Member: Above Ground
(Globe and Mail, Toronto, 26 September 2018) Ottawa has ordered the nation’s export credit agency to consider more carefully the human-rights implications of loans and insurance it offers in support of Canadian businesses....
more
2018/08/29
Country: Netherlands, Turkey
(OECD Watch, Amsterdam, 20 August 2018) NCP finds company failed to do due diligence and breached the Guidelines at Turkey's Ilisu mega-dam. On 20 August 2018, the Dutch NCP released its...
more Dodgy Deal: Ilisu Dam
Issue: Human Rights, Large Dams, OECD, Transparency