Trade and Investment: Reports
This newspaper style publication is available in hard copy from email@example.com. 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!
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.
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.
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.
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.