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Trade and Investment: Reports

Financing nuclear times

This newspaper style publication is available in hard copy from info@fern.org. It outlines the history of Export Credit Agencies' support for the nuclear industry and concludes by detailing the destructive projects still in the pipeline.

Articles include; Crippling losses and corruption: nuclear exports Canadian-style; Gift RAPP: Canada’s support for nuclear power and proliferation in India and Pakistan; Nuclear – a publicly subsidised love affair; and German nuclear exports 2009 - 2011:Back to square one!

 

Fool's gold: How the planet pays the price for Europe's export credits

Member States' Export Credit Agencies (ECAs) are undermining EU climate objectives by providing billions of euros worth of support for highly carbon-intensive projects and "techno-fixes" masquerading as environmental solutions. This new report highlights the most controversial recent agreements signed by ECAs, provides estimated figures of European Union export credit guarantees and shows how ECA financing favours export and investments that disproportionately benefit energy and carbon-intensive industries.

 

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European ECA support to carbon intensive industries, a research paper by Profundo

This research conducted for FERN analyses the involvement of all 21 ECAs of EU member countries in the financing of carbon-intensive industries during the period 2004-2009.

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The Changing Landscape of Export Credit Agencies in the Context of the Global Financial Crisis

With the onset of the global financial crisis and the subsequent squeeze in credit and insurance markets, there is a renewed global demand for export credit and investment insurance products offered by ECAs.

The effects of the current crisis will continue to be seen for years to come, and these developments will have a direct bearing on the landscape of ECAs and global trade finance.

This short report describes the changing landscape of ECAs in the context of the global financial crisis and the collapse of trade finance markets, and urges civil society actors to be watchful and monitor developments closely. 

The EU - India FTA

A new FERN funded report by Kavaljit Singh on the EU-India Free Trade Agreement with a strong focus on the banking sector. The report asks the question who benefits from FTAs and shows that opening up India for European banks can have negative impacts for India
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Exporting Destruction. Export credits, illegal logging and deforestation

Exporting Destruction, shines a light on the role that export credit agencies (ECAs) play in financing global deforestation and produces a set of policy recommendations to reduce their negative   impacts on forests.

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Accessing environmental information in and from the European Community. A practical guide to your right to know.

This new report explains how the Aarhus Convention on access to environmental information, public participation in decision-making and access to justice in environmental matters is going to increase transparency, public participation and access to courts and judicial review. With this guide, which focuses on access to environmental information, FERN gives campaigners the starting point for exercising some of the rights enshrined in the Convention.
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Most recent publications

Member State compliance with Article 21 of the Lisbon Treaty

On 6 August 2012, ECA Watch and the European Coalition for Corporate Justice sent a letter to the President of the Commission Jose Manuel Barroso requesting a meeting to discuss how the Commission intends to monitor Member State compliance with Article 21 of the Lisbon Treaty and how NGOs can be involved in the elaboration of an appropriate compliance framework

Asia Pulp & Paper (APP) default on its obligations to Export Credit Agencies

Press release launched on the day that more than 30 European non governmental organisations (NGOs)  delivered a letter calling on governments not to fund a new pulp mill proposed by Asia Pulp and Paper (APP), one of the world's most controversial pulp and paper companies. The plant is planned to be build in Sumatra, Indonesia where APP is estimated to have already pulped more than two million hectares of natural rainforests.

Giving human rights credit: EU countries agree to toughen export loan scrutiny

A press release from ECA-Wach, Amnesty International and Eurodad. It welcomes EU permanent representatives' endorsement of the European Parliament’s proposal to make national export credit agencies (ECAs) more accountable for the support they give companies doing business around the world. The three organisations believe this move will increase transparency and human rights compliance and  hope that this will trigger more ambitious reforms in EU capitals, leading to a general reform in global ECA standards.

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Financing nuclear times

This newspaper style publication is available in hard copy from info@fern.org. It outlines the history of Export Credit Agencies' support for the nuclear industry and concludes by detailing the destructive projects still in the pipeline.

Export Credit Agencies’ funding of disastrous nuclear projects put in the spotlight at G20 meeting

A press release launched on  the opening day of a meeting of the Organisation for Economic Cooperation and Development’s (OECD) Nuclear Energy Agency. It explains how Export Credit Agency (ECA) support for the nuclear industry has increased the burden on indebted nations, fuelled the India, Pakistan arms race and continues to prop up a non financially viable industry. 

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funding nuclear times.pdf162.51 KB

European Parliament demands that Export Credit Agencies open up

This press release by ECA-Watch outlines the importance of the European Parliament’s adoption of a proposal to regulate Export Credit Agencies (ECAs). This move will make ECAs more transparent on where their funds come from and go to, as well as how they charge for social and environmental risks. Furthermore, the Parliament requires ECAs to comply with EU human rights objectives in their activities, and to phase out the subsidising of fossil fuel projects in line with commitments adopted by the G20 in 2009.

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