(OECD, Paris, May 2021) This OECD report looks at support governments provide to their industrial producers which they say has been a growing source of trade tensions amid reports of excess capacity and unfair competition. While much light has already been shed on support to agricultural...
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- eca subsidies
Letters & statements
2010/11/16
Issue: G20
Member: Both ENDS, Corner House, Counter Current, Finance & Trade Watch, Euronatura, FERN, Friends of the Earth Japan, Above Ground, Les Amis de la Terre, Observatory on Debt in Globalization, , Re:Common, urgewald
(November 11, 2010) Released the day before the November 2010 G-20 summit in Seoul, this press release by ECA-Watch outlines why G-20 leaders should ensure ECAs are included in efforts to end fossil fuel subsidies.
2009/10/02
As noted in our July What's New, moves by OECD export credit agencies to shore up short-term lending gaps from private banks have resulted in approval by the European Commission for a number of exemptions to... more
2022/01/30
Country: Canada
ECAs: Export Development Canada
Issue: Oil, Gas and Mining
Member: Above Ground
(Toronto Star, Ottawa, 17 January 2022) By Karen Hamilton, director of ECA Watch member Above Ground, a project of MakeWay Charitable Society that works to ensure companies based in Canada or supported by the Canadian state respect human rights and the environment wherever they operate. Fossil...
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2007/11/01
On 5 November 2007 ECA Watch attended and then walked out of an OECD Export Credit Working Party (ECG) "consultation" with civil society organizations in protest at the lack of substantive response over the past decade to ECA Watch proposals regarding international best practices. ECA Watch calls... more
2015/07/29
Country: France
ECAs: COFACE
Issue: Climate Change, Oil, Gas and Mining
(Bellona Foundation, Oslo, 20 July 2015) Earlier this year the French government announced plans to withdraw credits for the construction of coal power plants in developing countries (‘export credits’). The French President noted that guarantees would only be granted to plants equipped with...
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2024/03/30
Country: Canada, France, Germany, United Kingdom, USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, OECD, Oil, Gas and Mining
(Financial Times, London, 26 March 2024) Second round of discussions ends without significant progress on export credit policies. The world’s richest countries are at odds over ending subsidies for oil and gas development as the US and EU differed over the extent of a ban, according to people...
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2014/11/28
Country: France
ECAs: COFACE
Issue: Climate Change, Oil, Gas and Mining
(Reuters, Paris 27 November 2014) France will eliminate export credits for energy projects in developing countries which involve coal, the most polluting fossil fuel, President Francois Hollande said on Thursday. The European Union is phasing out subsidies for domestic coal plants by 2018 in...
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2015/03/31
Country: Australia, USA
Issue: Climate Change, Oil, Gas and Mining
(Sydney Morning Herald, Sydney, 26 March 2015) The Abbott government has again put itself on a collision course with US President Barack Obama, this time over government funding for coal-fired power plants. After adopting a contrary position to the US on the Asian Infrastructure Investment Bank...
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2024/02/27
Issue: Transparency
(Centre for Econonic Policy Research, London, 9 February 2024) Trade finance subsidies, usually provided by export credit agencies, are the predominant tool of industrial policy. This column discusses the effect of the effective shutdown of the US EXIM from 2015—2019 on firm outcomes. It finds...
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2010/11/03
(The National Conversation, Abu Dhabi, 28 November 2010) European and North American airlines do not have a "colonial right to rule the world", says the chief executive of Etihad Airways. His comments came as an OECD decision looms before the end of the year about a review of global rules... more
2010/09/30
(Wall Street Journal, Washington, 13 August 2010) U.S. airlines are weighing in on a multibillion-dollar fight over export subsidies for jetliners, potentially complicating international negotiations over the issue and dimming chances governments will meet a year-end deadline to set new rules.... more
2007/05/09
A series of U.S. attacks on European ECA support for Iran highlight the importance given to export subsidies in U.S. foreign policy. The American Enterprise Institute on 21 May pushed for a divestment campaign,... more
2006/10/05
(European Parliament, 14 July 2006) Belgian MEP Bart Staes (Verts/ALE), tabled a question in the European Parliament asking whether this company might constitute an illegal subsidy under Article 87(1) of the EC Treaty.... more
2008/08/08
(ECA Watch, 29 August 2008) Because of Atradius DSB cover for the export of military navy vessels to Indonesia with a value of about €1 billion some years ago, [the legal cover ceiling for Dutch export credit support to... more