A. Protest Rallies Against Turkish Dam Held All Over Europe
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2008/03/01
(Pacific Environment, San Francisco, 4 March 2008) Sakhalin Energy Investment Company, Ltd. (Sakhalin Energy) told Dow Jones that it is withdrawing applications for hundreds of millions of dollars in public financing for the crisis-plagued Sakhalin II project from the US Export Import Bank (Ex-Im... more
2008/02/09
Washington, USA, 28 Feb – The United States’ Export-Import bank has changed its policy towards Angola, and now covers medium-term projects (up to seven years), both in the public and private sector, the US embassy said in Luanda Tuesday. According to a statement from the US embassy, the expansion... more
2008/02/08
(European Parliament, Strasbourg, 27 February 2008) The EU should encourage Chinese export-credit agencies, including the Exim Bank, to conduct systematic environmental assessments of infrastructure projects in Africa, such as dams, roads and mines, says an EP Development Committee report.
2008/02/07
(Business Credit Management, Southampton, 27 February 2008) ECGD, the UK's official export credit agency, has signed an agreement to co-operate more widely with its Chinese counterpart, Sinosure, enabling co-operation on specific projects where export credit facilities are provided to support... more
2008/02/06
(Stop Ilisu, Vienna, January 2008) A new Ilisu Dam campaign website has been opened to focus attention on this controversial project supported by export credit agencies in Germany, Austria and Switzerland. Construction of the dam has not yet started, although forced resettlement with inadequate... more
2008/02/05
(Marketwire, Perth, 13 February 2008) Paladin Energy has announced that bank approval and export credit from the Export Credit Insurance Corporation (ECIC) of South Africa have been obtained for the Kayelekera Uranium Project in Malawi.... more
2008/02/04
(Earthtimes, Washington, 20 February 2008) Zurich, a leader in political risk and trade credit insurance in emerging markets, has announced it will provide political risk insurance for carbon credit projects. However,... more
2008/02/03
(Dow Jones, Berlin, 22 February 2008) Germany has made it easier for German companies to apply for public export credit guarantees by including local costs and foreign delivery. The new rules extend the coverage for equipment and services obtained in ordering countries, as well as supply from... more
2008/02/02
(OECD, Paris, 16 January 2008) Official export credits to public and publicly guaranteed buyers in low income countries should reflect Sustainable Lending practices, i.e. lending which doesn't endanger LDC financial futures and long-term development prospects. ECG Members have agreed to apply... more
2008/02/01
(The Corner House, Dorset, 18 February 2008) On 14-15 February 2008, two UK High Court judges heard arguments in a judicial review requested by Campaign Against Arms Trade (CAAT) and The Corner House, who argue that the decision to drop the BAE corruption investigation into UK export credit... more
Briefings & reports from ECA watch members
2008/01/25
Issue: Climate Change, European Union, Transparency
Member: FERN
(January 25 2008) This new report explains how the Aarhus Convention...
2008/01/10
(DebtWatch, Barcelona, January 2008) A new Debtwatch book outlines public mechanisms for the support of Spanish companies. "¿Debe el Estado ayudar a las transnacionales españolas? Impactos ambientales y sociales del apoyo pùblico a la... more
2008/01/09
With complex roots going back 20 years or more, the current unrest in Chad is linked in part to oil revenues from an OECD export credit agency supported pipeline project that has created economic, environmental and social conflicts which could have been avoided if proper standards had been... more
2008/01/08
(Thomson Financial, MILAN, 8 Jan. 2008) The Italian economy ministry said it has appointed Lehman Brothers as its advisor to assess strategic options to boost the value of SACE, the state-owned export credit insurance company. SACE could open up its capital to investors either through a stock... more