Sentences with phrase «export credit agencies»

From financing in the craft brewing industry to the role of export credit agencies, the blog's goal is to inform its readers on all aspects of finance and capital markets.

WASHINGTON, D.C. — Tomorrow the Senate Banking Committee will hold hearings on President Trump's nominees to the Export - Import Bank (Ex-Im Bank), the U.S. export credit agency.

French bank Societe Generale, the financial advisor on the $ 20B LNG project, already has received interest for a combined $ 12B in cover and direct lending from export credit agencies in China, South Africa, Italy and Japan, according to the report.

We have market - leading experience of commercial bank and bond market financings and complex multi-source financings with export credit agencies (ECAs), international financial institutions and multilateral development banks.

G20 export credit agencies provided considerably higher levels of support to fossil fuel production between 2013 and 2015 ($ 38.3 billion annually) relative to all other sources of G20 bilateral public finance for fossil fuels between 2013 and 2015 ($ 24.7 billion annually).

The public financing in question comes from an obscure form of the government agency known as Export Credit Agencies.

Given all this, Trump's Ex-Im Bank and other OECD export credit agencies can not finance Long Phu - 1 without dramatically violating the OECD coal plant financing agreement.

G.E. announced that it would move about 400 jobs to France, whose own export credit agency offered financing for gas turbines, and relocate 100 jobs to Hungary and China to get credit for customers of its advanced aircraft gas turbines.

If the OECD wants to actually reduce the impact of export credit agency financing on the climate, then it will need to expand restrictions to cover all fossil fuels.

The last couple of years have been notable for the absence of financings of Airbus and Boeing aircraft supported by the European Export Credit Agencies and US...

Canada's official export credit agency, the Export Development Corporation (EDC) and Power Finance Corporation (PFC) of India, will be finalizing a line of credit for infrastructure projects in India.

Today, export credit agencies met at the OECD to consider how to reduce their contribution to climate change.

Representation of lessees in numerous lease financings of transportation equipment supported by export credit agency support with an aggregate value in the billions of dollars

LONDON, Oct 3 - Finland's export credit agency Finnvera is set to become the country's latest sub-sovereign issuer when it executes its first transaction under a new euro medium - term note programme later this year.

The announcements were certain to reignite Republican infighting over the future of the 81 - year - old export credit agency just as Congress was returning from its long summer recess, promising to widen the rift between the party's pro-business and anti-government wings both on Capitol Hill and in the presidential - nominating race.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in late 2011 as Russia's first ever export credit agency.

What is shaping up instead, officials said, is a set of cooperative measures on a range of measures that will include promises of technical assistance from the United States and financing for renewable energy efforts through export credit agencies and the Overseas Private Investment Corp..

The other banks in the syndicate are Sumitomo Mitsui Banking Corp, MUFG, Mizuho and Shinsei Bank of Japan, and Korean export credit agency Export - Import Bank of Korea.

The restrictions only apply to coal plants, so export credit agencies are free to finance as many projects that relate to the mining, transport and export of coal, as well as other related infrastructure projects.

Thus, it was highly significant that on January 1, 2017, the international community implemented restrictions on coal plant financing from OECD member export credit agencies.

He provides advice on complex projects to lenders, including export credit agencies in Europe and Asia, sponsors, and public authorities in several sectors, including energy, mining and infrastructure.

After providing almost $ 6 billion annually to fossil fuels from 2013 to 2015, the U.S. export credit agency — the U.S. Export - Import Bank (Ex-Im)-- has been unable to finance large fossil fuel projects for the past two years.

Representatives of the very same countries singing their own praises in Bonn are fomenting climate disaster from Paris, at a meeting of export credit agencies (ECAs) at the Organization of Cooperation and Development (OECD) Export Credit Group.

Still, they represent crucial progress in stemming the flow of the tens of billions of dollars that export credit agencies provide to fossil fuel projects every year.

With B.C.'s new trade office and Export Development Canada (EDC), Canada's state - owned export credit agency, stepping up its trade promotion efforts in the Asia Pacific by launching its first overseas branch in Singapore, Canadian and B.C. businesses are in an unprecedentedly advantageous position to make full use of government support to secure a market presence in Asia.

The last couple of years have been notable for the absence of financings of Airbus and Boeing aircraft supported by the European Export Credit Agencies and US Eximbank.

Lawyers on our team handle transactions in both mature and emerging markets, including work with export credit agencies and multilateral lending institutions, and we understand the different approaches that must be adopted.

Utilizing data from Oil Change International's Shift the Subsidies database, the groundbreaking report analyzes support coming from public finance institutions — those institutions controlled by or backed by governments, such as export credit agencies and development finance institutions.

Given the improvements in multilateral practice, it is increasingly likely that OECD Export Credit Agencies could end up as a place of last resort for carbon intensive industries that are no longer able to secure funding due to their high risk and poor environmental performance.

He was seconded to export credit agencies in Tokyo and Seoul, where he provided advice on transactions in Australia, Southeast Asia, Europe, and Latin America.

More than 100 chief executives for corporations who are members of the Business Roundtable arrived in Washington on Tuesday for an annual meeting, a day after the group's chairman sent congressional leaders a letter urging extension of the export credit agency.

«This does bring a sense of urgency to getting this done over the next month with the speaker leaving,» said Representative Stephen Fincher, who has led House Republican efforts to renew the export credit agency's charter, which expired nearly three months ago.

Australia's export credit agency could end up financing companies that have axed their domestic workforces to manufacture more cheaply overseas, a Senate inquiry has been told.

This includes multilateral agencies, export credit agencies and we are also planning to tap the Eurobond market,» wrote Adeosun, who became Finance Minister in November.

New House Majority Leader Kevin McCarthy announced his support for letting the bank's charter expire, and only days ago, news surfaced that four officials at the export credit agency are facing allegations of misconduct.

The borrowing in foreign exchange may be from an overseas bank / export credit agency / supplier of equipment or foreign collaborator, foreign equity holder, NRI, OCB, corporate / institution with a good credit rating from internationally recognised credit rating agency, or from international capital market by way of issue of bonds, floating rate notes or any other debt instrument by whatever name called.

Export credit agencies are by design meant to benefit the multinational corporations of the originating country.

National and international development banks and export credit agencies, including Export - Import Banks in (South) Korea and the US, the Japanese Bank for International Cooperation [1] and the Export Finance Insurance Corporation in Australia have been a major source of finance for coal plants in developing countries like the Phillipines and Vietnam.

WASHINGTON, D.C. — The U.S. Export - Import Bank (Ex-Im Bank), the U.S. export credit agency, last Thursday posted on its website that the application to finance the Long Phu 1 coal plant in Vietnam had been withdrawn.

The report, entitled Financing Climate Disaster: How Export Credit Agencies Are a Boon for Oil and Gas, calls on USEXIM and other nations» export credit agencies (ECAs) to phase out all financial support for fossil fuels by 2020 at the latest, in order to help prevent the worst impacts of climate change.

«The report by Oil Change International, Friends of the Earth U.S., the Sierra Club and WWF European Policy Office, for the first time ever, details public support for energy projects from G20 public finance institutions (such as overseas development aid agencies and export credit agencies) and multilateral development banks.»

Accompanying the briefing, more than 190 civil society groups from over 55 countries have signed a letter urging multilateral development banks (such as the World Bank Group), export credit agencies and the governments backing them to stop funding fossil fuels by 2020, with an urgent and immediate need to move away from financing for oil and gas exploration projects, coal mining, and coal - fired power plants.»

Letter to Green Climate Fund Board regarding opposition to accreditation of any export credit agency to the Green Climate Fund.

As mentioned in the press release:» -LRB-...) these groups released a briefing titled «Dirty Dozen: How Public Finance Drives the Climate Crisis through Oil, Gas, and Coal Expansion», highlighting fossil fuel projects by the World Bank Group, other multilateral and national development banks and export credit agencies.

Ex-Im is the third largest supporter of fossil fuels among all G20 countries» export credit agencies, according to a recent report by Friends of the Earth.