The Sakhalin II project is seeking up to USD $5B from the European Bank for Reconstruction and Development (EBRD) and Export Credit Agencies (ECAs) of the US, UK and Japan.
A. 33 NGOs... more
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2005/05/03
March 29, 2005 (Source: Sierra Legal Defence Fund) — Canada's ECA Export Development Canada (EDC) continues to withhold key environmental information about the projects it supports, citing reasons of “commercial confidentiality”. "EDC's disclosure... more
2005/05/02
May 16, 2005 (Source: ECA Watch)—The OECD Working Group on Export Credits (ECG), meeting in Paris April 21-22, has agreed to strengthen its 2000 Action... more
2005/05/01
May 13, 2005 (Source: ECA Watch) — Prior to the April meetings at the OECD, NGOs offered support for subsidies covering truly new renewable energy projects, but rejected the inclusion of large hydro dams in this category because of the massive and irreversible social and environmental damages they... more
2005/04/12
April 26, 2005 (Source: ECA Watch) — Having won its WTO challenge to US cotton export subsidies, Brazil is now questioning the basic fairness of the OECD... more
2005/04/11
April 5, 2005 (Inter Press Service) — After 12 years of studies and deliberations, the World Bank has approved funding for the USD 1.25B Nam Theun 2 hydroelectric dam project. Many analysts, however, say the World Bank is ignoring its own policy guidelines and paying little regard to indigenous... more
2005/04/10
March 31, 2005 (Source: Finnish ECA Reform Campaign) — The Finnish Supreme Administrative Court has ruled that the Finnish ECA Finnvera must reveal environmental information about certain projects— information that was requested by the Finnish ECA Reform Campaign in February 2002.
ECAs: Finnvera
2005/04/09
March 27, 2005 (The Observer, UK, via Ecofinancas) — BP is facing renewed criticism of its involvement in the BTC pipeline after campaigners made fresh claims of human rights abuses relating to the controversial project. The pipeline has been dogged by claims of environmental damage and heavy-... more
2005/04/08
April 17, 2005 (The Sunday Times, UK) — British Petroleum faces accusations in court from pipeline contractors that it covered up a safety flaw, which if uncorrected could cause an environmental disaster in the Caspian region. BP is the leading shareholder and operator of the Baku-Tbilisi-Ceyhan (... more
2005/04/07
April 5, 2005 (Financial Times, UK) — An MP inquiry has attacked the government for ceding to industry pressure by agreeing to an "unacceptable" weakening of anti-bribery rules. Ministers were yesterday criticised by the Commons trade and industry committee for sanctioning changes to the anti-... more
2005/04/06
April 12, 2005 (Financial Times, UK)—According to a recent editorial in the Financial Times (FT), governments that lend money for commercial purposes, such as with export credits, should expect to be treated more like commercial entities. However, debt relief granted to Iraq, among other nations,... more
2005/04/05
April 20, 2005 (INQ7.net, Philippines) — The Bataan Nuclear Power Plant, once backed by the ECA US Ex-Im, is now under fire by a Filipino Supreme Court Justice who is urging the government to stop payments for loans that the late President Marcos borrowed to build the now-mothballed plant. The... more
2005/04/04
April 21, 2005 (Source: Greenpeace SouthEast Asia) — Greenpeace disrupted the construction of the BLCP coal power plant, which is backed by the Japanese ECA JBIC, demanding that the project be stopped immediately. Activists from Thailand, Philippines and Germany occupied the main crane of the coal... more
2005/04/03
March 30, 2005 (Source: ECA Watch) — Three French Parliamentarians have requested an official inquiry into the activities of the French ECA COFACE in connection with overseas development assistance (ODA)— an increasingly important issue in France, as COFACE debt cancellation should reach 15% of the... more
ECAs: COFACE
2005/04/02
The Sakhalin II project is seeking up to USD $5B from the European Bank for Reconstruction and Development (EBRD) and Export Credit Agencies (ECAs) of the US, UK and Japan.
A. Sakhalin Oil... more
A. Sakhalin Oil... more