(Ansamed, Rome, 1 February 2023) Some 26 Italian companies operating in the oil and gas sector visited Kuwait Jan 30-31 as part of a trip organised by the Italian embassy in close collaboration with the Italian Export Credit Agency (SACE), Confindustria, the main association representing...
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2023/02/27
Country: Netherlands
ECAs: Atradius
Issue: Climate Change, Human Rights
(Global Witness, London, 2 February 2023) Global Witness’ new report reveals how a new mega-airport north of Manila displaced hundreds of residents after a coercive consultation process in which armed soldiers were sent door-to-door, leaving community members describing feeling “terrified”......
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2023/02/27
Country: Netherlands
ECAs: Atradius
Issue: Oil, Gas and Mining
(Argus Media, London, 22 February 2023) The Netherlands is assessing several applications for international fossil fuel projects that could be granted state funding until the end of 2023, most of which target the LNG supply chain. Dutch export credit agency Atradius — in charge of the country's...
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2023/02/01
Country: Netherlands
ECAs: Atradius
Issue: Climate Change
(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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2023/01/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
(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...
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2023/01/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Oil, Gas and Mining
(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...
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2023/01/30
Country: China, France, Korea, Russia, USA
Issue: Nuclear
(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...
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2023/01/30
Country: Italy, United Arab Emirates (UAE)
ECAs: SACE S.p.A.
Issue: BRIC countries, Climate Change
(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...
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2023/01/30
Country: Canada, France, Germany, Italy, Japan, United Kingdom, USA
ECAs: Bpifrance, Euler Hermes Deutschland AG, Export Development Canada, Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, SACE S.p.A., UK Export Finance (UKEF)
Issue: Arms Trade, G7
(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...
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2023/01/30
Country: Spain
ECAs: Compañía Española de Seguros de Crédito a la Exportación
Issue: Climate Change
Member: Oil Change International
(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-...
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2023/01/30
Country: Netherlands
ECAs: Atradius
Issue: Climate Change
(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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2022/12/31
Country: France, Ukraine
ECAs: Bpifrance
Issue: Arms Trade, European Union, Human Rights
(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...
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2022/12/31
Country: United Kingdom
Issue: Corruption, Transparency
(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...
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2022/12/31
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Oil, Gas and Mining
(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...
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2022/12/31
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change
(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...
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