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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.

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.

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.

PDF icon OPEN1.14 MB

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.

PDF icon OPEN1.29 MB

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.

From Rome to Lisbon: a guide to the EU and its role in developing trade and investment agreements

Liberalising investments with the aim of opening markets appears to be incompatible with sustainable development of resource-based activities. FERN has therefore published a briefing note, “From Rome to Lisbon,” a guide to the EU’s investment strategy. The guide explores the EU’s controversial role in developing investment provisions in the free trade agreements it concludes with third countries.

PDF icon from rome to lisbon.pdf941.36 KB

Forestwatch issue 140

  • Ilisu dam: teetering at the edge
  • Liberia’s dubious timber concessions
  • UK Environmental Audit Committee heeded
  • EU aid: must do better
PDF icon FW 140.pdf176.55 KB
PDF icon Bonn II meeting update.pdf131.11 KB

Forest Watch Issue 139

  • New DG for Climate and Energy criticised
  • GPP: Be heard!
  • R-Plans: Indigenous and local communities stand firm
  • Not so fast, M. de Larosière!
  • Commission must sharpen development policy tools
  • Cameroon VPA negotiation concludes
  • Biomass update
PDF icon FW 139.pdf211.67 KB
PDF icon Biomass update.pdf74.63 KB