The secret life of export credit agencies
August 1, 2019
When respectable, risk-averse development banks turn away from a project, oftentimes export credit agencies (ECAs) are the ones to step in. These government-backed institutions manage hundreds of billions of dollars annually, investing mostly in large infrastructure projects in politically-volatile countries, while avoiding the same scrutiny as other public financiers.
Milestone bank summit in Belgrade a step towards protecting Balkan rivers, but greater transparency still needed
March 1, 2019
For immediate release. Belgrade – The ‘Save the Blue Heart of Europe’ campaign [1] gave a cautious welcome to a first-of-its-kind summit between the financial sector and green activists, where a roundtable about the role of banks in the destruction of Balkan rivers by hydropower dams was centre stage.
