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Still exporting destruction: A civil society assessment of Export Credit Agencies’ compliance with EU Regulation (PE-CONS 46/11)

ECA Watch has prepared this ‘shadow report’ — with the support of other civil society groups — in order to assess current ECA practice in relation to issues such as transparency, public accountability and more generally, their compliance with the EU’s ob
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PDF icon shadow report.pdf667.96 KB

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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PDF icon ECAs Press Release 290611-1.pdf23.09 KB

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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PDF icon 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.

Export Credit Agencies and Climate Change: a briefing for Cancun

After the collapse of UN Framework Convention on Climate Change (UNFCCC) talks in Copenhagen in December 2009, the future financial architecture for funding climate change mitigation and adaptation continues to be fiercely debated. At the 2010 climate summit in Cancun, Mexico, the issue will again be on the table for negotiation.

Hope that G-20 will close loophole and end all fossil fuel subsidies

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.

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PDF icon ECA Watch G20 press release.pdf104.08 KB

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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PDF icon OPEN1.14 MB

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