Export credit agencies (ECAs) are public entities that provide domestic corporations with government-backed loans, guarantees, credits and insurance to support exports and foreign investments. ECAs largely focus on facilitating commerce in lesser developed countries and emerging economies, under conditions of significant political and financial risk.
The environmental and human rights impacts of ECA-supported exports and investments can be severe. Export credit agencies have facilitated corporate activity that is associated with the forced displacement of local populations, paramilitary and police repression, workplace injuries, state-sponsored intimidation and censorship, exposure to environmental contaminants and biological pathogens, and the destruction of sacred cultural sites, among other adverse impacts.
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