(Global Trade Review, London, 16 June 2021) Environmental campaign groups are switching their aim to public and private financing for natural gas projects as they get closer to winning the battle over thermal coal. But the only firm commitments on financing have been on thermal coal, where the...
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2021/06/29
Country: Canada, France, Germany, Italy, Japan, United Kingdom, USA
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, End Coal Financing, Oil, Gas and Mining, Transparency
2021/05/30
Country: Russia, Sweden
Issue: European Union, Human Rights
(The Journal, Dublin, 18 May 2021) Belarus was increasingly isolated today as Europe cut air links and calls grew for more action over its diversion of an airliner and arrest of a dissident on board. The Swedish Export Credit Agency (EKN) said today it was withdrawing export guarantee offers...
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2021/05/30
Country: France, Germany, Italy, Russia
ECAs: COFACE, Euler Hermes Deutschland AG, SACE S.p.A.
Issue: Climate Change, Oil, Gas and Mining
(Reuters, London, 18 May 2021) A group of mostly Green Party lawmakers from the European Parliament on Wednesday urged the leaders of Germany, France and Italy not to support a Russian Arctic liquefied natural gas (LNG) project due to climate change concerns. The $21 billion project, led by...
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2021/05/30
Country: France
ECAs: COFACE
Issue: Arms Trade
(Second Line of Defense, Virginia, 5 May 2021) France welcomed May 4 an Egyptian announcement of an order for a further 30 Rafale fighter jets and weapons from Dassault Aviation, MBDA and Safran, confirming a news report on Disclose, a French campaigning website. The Egyptian deal was worth a...
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2021/05/29
Country: Russia
Issue: Arms Trade
(Daily News, Colombo, 13 May 2021) The Sri Lanka Air Force (SLAF) in its response to concerns raised by the Opposition on the Government’s move to purchase new helicopters from Russia amidst the COVID pandemic, said the purchase was on a Government-to-Government basis via a Line of Credit...
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2021/04/29
Country: China, France, India
Issue: Arms Trade
(African Intelligence, Paris, 1 April 2021) As China's influence around the Indian Ocean increases, New Delhi is throwing itself wholeheartedly into a diplomatic battle to protect what it considers to be its turf. In March, the Indian Navy trained a group of about fifty members of Madagascar's...
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2021/04/29
Country: Russia
Issue: Nuclear
(BELTA, Minsk, 29 April 2021) Russian President Vladimir Putin has signed the law to ratify the protocol restructuring the protocol to amend the Belarusian-Russian intergovernmental agreement on the state export credit to the Belarusian government to build a nuclear power plant. During the...
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2021/04/28
Country: Canada, Denmark, France, Germany, Netherlands, Spain, Sweden, United Kingdom, USA
ECAs: COFACE, Denmark EKF, Euler Hermes Deutschland AG, Export Development Canada, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Climate Change
(Oil Change International, Washington, 15 April 2011) In response to the launch of a new Export Finance for the Future coalition (E3F), 21 civil society organizations (CSOs) from 14 countries...
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2021/04/28
Country: United Kingdom
ECAs: Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Oil, Gas and Mining
(Africa Times, Roubaix, 22 April 2021) The British government’s investment in developing liquified natural gas (LNG) projects in Mozambique – projects contributing to the conflict and instability in the country’s north – is headed for judicial review following a successful legal filing from the...
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2021/03/31
Country: China, France, India, Japan, Korea, United Kingdom, USA
ECAs: COFACE, Export Import Bank of Korea, Export-Import Bank of the United States, Japan Bank for International Cooperation, UK Export Finance (UKEF)
Issue: Climate Change, Human Rights, Oil, Gas and Mining
(Global Trade Review, London, 31 March 2021) French energy major Total has been forced to suspend operations at its liquified natural gas (LNG) project in northern Mozambique for the second time this year, after a fresh attack by insurgents which killed dozens of local and foreign citizens,...
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2021/03/30
Country: Australia, Germany, Italy, United Kingdom
ECAs: SACE S.p.A.
Issue: Corruption
(Reuters, London, 18 March 2021) Italy's official ECA SACE guaranteed an 86 million euros ($102 million) loan from Greensill Bank, part of the collapsing Greensill Capital group, to one of Indian-British steel magnate Sanjeev Gupta’s firms, according to accounts filed with the Italian corporate...
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2021/03/30
Country: Netherlands
Issue: Climate Change, Oil, Gas and Mining
(Proactive Investors, London, 16 March 2021) Australia's Lake Resources NL has refreshed its Argentine Kachi Lithium Brine Project prefeasibility with a net present value now at US$1.58 billion and is also assessing the potential increase of lithium carbonate production at the project as demand...
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2021/03/29
Country: United Kingdom
Issue: Climate Change, Oil, Gas and Mining
(Oil Change International, Washington, 24 March 2021) The United Kingdom announced a “North Sea deal to protect jobs in the green energy transition” that campaigners say fails to meet the UK’s responsibility to lead in a phase-out of domestic oil and gas extraction. In a positive step, the...
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2021/03/29
Country: China, France, Japan, South Africa, United Kingdom
Issue: Climate Change, Human Rights, Oil, Gas and Mining, Transparency
(Construction and Civil Engineering News, Nairobi, 2 March 2021) More than 260 organisations have urged banks not to finance the $3.5 billion project, saying the project could lead to the loss of community land and livelihoods, environmental destruction and surging carbon emissions. Nearly a...
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2021/02/28
Country: Portugal
Issue: BRIC countries
(Bloomberg, New York, 9 February 2021) Mota-Engil’s local unit is a joint venture with Shoreline Group, an independent Nigerian oil producer. The nearly $2 billion of financing required for the rail line will be sourced from Europe, Credit Suisse Group AG, Africa Finance Corp. and German state...
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