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Home > Archives for ECAs

ECAs

No proper benchmark for checking European Export Credit Agencies’ compliance with EU objectives

September 4, 2020

Despite being the biggest class of public finance institutions operating internationally, export credit agencies (ECAs) are rarely subject to any public scrutiny. European ECAs declare the compliance with the non-binding OECD Common Approaches standards, but it’s an insufficient benchmark for evaluating compliance with the EU’s External Action obligations as stated by the relevant EU Regulation.


Policy coherence and transparency of EU export credits

November 3, 2019

Member State-backed loans lack transparency. EU legislation requires states to report to the European Parliament to review the compliance of export credit agency (ECA) activities with Union objectives and obligations, including on climate and human rig


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