(Argus Media, Amsterdam, 30 January 2023) The Dutch government does not provide a "clear and complete" overview about the state's climate expenditure, while certain fossil fuel subsidies are "at odds" with domestic climate goals, according to a report by the Dutch court of audit. The court of...
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(City A.M., London, 20 January 2023) (UK Export Finance has agreed a post-Brexit deal with one of Egypt’s biggest construction and engineering firms, Hassan Allam Holding, to increase cooperation across Africa. Hassan Allam has a vast a portfolio of projects ranging from solar power and water...
more(Offshore Energy, Schiedam, 13 January 2023) A London court has ruled that the UK government’s funding of up to $1.15 billion of financing for the Mozambique LNG project led by French energy major TotalEnergies is lawful. According to reports by Reuters, the decision by London’s Court of Appeal...
more(Columbia University, New York, 25 August 2022) This report, part of wider work on nuclear energy at Columbia University’s Center on Global Energy Policy, compares the financing terms offered between 2000 and 2021 by the world’s major exporters of nuclear power plants: Russia, France, the...
more(Arabian Business, Abu Dhabi, 27 January 2023) The agreement envisages establishing a framework for mutual reinsurance to enhance the presence of Saudi exports in Italian markets. Saudi Export-Import Bank CEO Saad bin Abdul Aziz Alkhalb hailed the agreement as a step forward in the bank’s...
more(UKEF, London, 22 January 2023) Acknowledging the G7 Leaders’ Statement on Support for Ukraine, as heads of the official export credit agency (ECA) schemes of the G7 nations – Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States of America – we wish to express our...
more(Price of Oil, Washington, 23 January 2023) Spain has released a new policy for CESCE, the Spanish government export credit agency, restricting public finance for oil and gas. Spain is a major public financier of international fossil fuel projects, providing USD 2.1 billion a year between 2018-...
more(Argus Media, Amsterdam, 30 January 2023) The Dutch government does not provide a "clear and complete" overview about the state's climate expenditure, while certain fossil fuel subsidies are "at odds" with domestic climate goals, according to a report by the Dutch court of audit. The court of...
more(Odessa Journal, Odessa, 13 December 2022) French business is interested in investing in Ukraine and is ready to participate in its early reconstruction announced First Vice Prime Minister – Minister of Economy of Ukraine, Yuliya Svyridenko, during a live broadcast from Paris on the air of the...
more(Paradise News, Calabar Nigeria, 10 December 2022) Czech state-owned ECA EGAP has obtained a CZK 2 billion (US$88.6M) loan from the Czech Republic’s COVID aid program for Czech steelmaker Liberty Ostrava, which is...
more(Drill or Drop, London, 6 December 2022) Government approval of $1.5bn financing for a liquified natural gas project in Mozambique has been challenged at the Court of Appeal this morning (Tuesday 5 December 2022). A year ago, a case brought by Friends of the Earth ended in deadlock, when two...
more(Institute of Export and International Trade, London, 22 December 2022) In its end of 2022 report, the IEIT notes that UK Export Finance (UKEF) is...
more(Oil Change International, Washington, 7 December 2022) A German government State Secretary has revealed a pipeline of fossil fuel projects that shows a lack of seriousness about keeping Germany’s climate promise. The Government stated that it “currently has ten individual applications for...
more(Global Trade Review, London, 14 December 2022) Canada and New Zealand have mapped out how they will put into action pledges to scrap ECA support for fossil fuel projects, ahead of an end-of-year deadline. At last year’s Cop26 summit in Glasgow, thirty-nine countries vowed to end public finance...
more(Big News Network, Berlin, 29 December 2022) Germany announced that it is formally suspending export credits and investment guarantees for business in Iran, after the brutal crackdown on protests by authorities in Tehran. The instruments suspended are export credit guarantees, which protect...
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