EXIM, Washington, 12 February 12 2025) The Export-Import Bank of the U.S. met with Bulgaria’s Minister of Energy to discuss financing for two new nuclear reactors at Kozloduy NPP, following EXIM’s $8.6 billion Letter of Interest. The project supports U.S. businesses and aims to strengthen...
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2025/03/04
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights, Transparency
Charged Affairs, Washington, 23 February 2025) The Trump administration’s cuts to USAID and foreign aid programs could reshape U.S. global influence, with a focus on strategic investments over humanitarian assistance. The shift may open opportunities for China to expand its influence,...
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2025/03/04
Country: Australia, Brazil, Canada, USA
Issue: Oil, Gas and Mining
Stockhead, Perth, |24 February) Meteoric Resources continues advancing its Caldeira project in Brazil, projecting industry-leading low operating costs and high potential returns. Despite a dip in share price, the company plans to finalize its pre-feasibility study soon and aims for production...
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2025/03/04
Country: Australia, USA
ECAs: Export Finance & Insurance Corporation Australia, Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(EXIM, Washington, 25 February 2025) The Export-Import Bank of the U.S. hosted Export Finance Australia to discuss enhancing their collaboration on critical minerals and supply chain shifts away from China. Both agencies plan to leverage the Single Point of Entry (SPE) initiative for...
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2025/03/04
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(Abjournal, Narberth PA. 27 February 2025) Amaero International, a U.S. domestic producer of C103, refractory alloy and titanium powders, executed a credit agreement for a $22.8 million direct loan from the Export-Import Bank of the United States (EXIM) to boost its advanced manufacturing...
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2025/03/03
Country: USA
ECAs: Export-Import Bank of the United States
(EXIM, Washington, 28 February 28, 2025) President Trump has appointed senior officials James Cruse and James Burrows to lead the Export-Import Bank of the United States (EXIM) in acting roles, ensuring the bank is operational. These appointments support EXIM’s role in U.S. competitiveness and...
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2024/12/31
Country: Russia, USA
ECAs: UK Export Finance (UKEF)
Issue: Arms Trade, Debt, European Union, Transparency
(The Diplomat, Arlington, 5 December) The U.S. Treasury Department’s decision to slap sanctions on Gazprombank poses a potential major headache for Uzbekistan’s burgeoning mining industry, which until now has relied on the Russian lender to finance a $4.8 billion mine expansion set to nearly...
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2024/12/31
Country: France, USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
(Africa Confidential, Cambridge, 20 December 2024) France’s TotalEnergies is making a final push to win United States funding for its liquefied natural gas project in northern Mozambique before Donald J Trump is inaugurated US President on 20 January. Total wants to restart the project held up...
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2024/12/31
Country: Canada, France, USA
ECAs: Bpifrance
Issue: Nuclear
(EnerData, Grenoble, 17 December 2024) The Lubiatowo-Kopalino nuclear power plant project has collected, based on the letters of intent received so far, declarations of financial commitment for a total equivalent of over PLN95bn (€22bn). The project developer Polskie Elektrownie Jądrowe (PEJ) ...
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2024/11/30
Country: China, USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(Washington Examiner, Washington, 10 November 2024) The U.S. Export-Import Bank faces scrutiny over a $2.5 billion giveaway to green energy development in Angola that benefits foreign companies with ties to China and the Angolan president, despite the bank’s claims that it will support...
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2024/11/30
Country: Australia, Canada, Norway, United Kingdom, USA
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining, Renewables
Member: Friends of the Earth USA
(Friends of the Earth, Washington, 21 November 2024) Today at the conclusion of the OECD Export Credit Group negotiations, participating nations failed to reach an agreement on fossil fuel finance, despite scientists’ repeated calls for urgent climate action. While no formal conclusion has been...
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2024/11/30
Country: USA
ECAs: Atradius, Bpifrance, COFACE, Denmark EKF, Euler Hermes Deutschland AG, Export Development Canada, Export-Import Bank of the United States, SACE S.p.A., Swiss Export Risk Insurance, UK Export Finance (UKEF)
Issue: Climate Change, Oil, Gas and Mining
Member: Oil Change International
(Philadelphia Tribune, 22 November 2024) The EU, U.S. and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects, weeks before President-elect Donald Trump moves into the White House. Negotiators are working toward...
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2024/10/31
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining, Renewables, Transparency
(Hacker News, Mountain View CA, 17 October 2024) As mounting climate concerns cause extreme weather events, & global efforts intensify to keep warming below 1.5°C, Oxfam calls on the Export-Import Bank of the United States (EXIM) to cease funding fossil fuel projects to instead champion...
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2024/10/31
Country: Malaysia, USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining, Transparency
(Bloomberg, New York, 11 October 2024) The US Export-Import Bank authorized a $690 million loan to help build a petrochemical plant in Malaysia, despite objections from climate activists who say the project flouts Biden-Harris administration promises to halt financing for fossil fuel projects...
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2024/10/31
Country: Korea, USA
ECAs: Export Import Bank of Korea
Issue: Climate Change
(Korea Joongang Daily, Seoul, 16 October 2024) The Korea Trade Insurance Corporation granted $1.35 billion in export financing to Hyundai Motor's $5.5 billion EV manufacturing facility in Georgia, which began partial operation in early October. The financing was decided to help Hyundai "...
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