EXIM experts screen, categorize, review, and monitor the environmental and social impacts of projects receiving EXIM export credit support (including project financing and project-related corporate loans) to ensure compliance with applicable environmental and social policies and standards, including the Equator Principles (link is external). These responsibilities are handled primarily by EXIM’s Engineering & Environment Division, along with the Office of Board-Authorized Finance, Office of the General Counsel, the Environmental and Social Review Committee, and other divisions and committees. EXIM’s Board of Directors (for board-approved transactions) and senior management review environmental and social information prior to approving EXIM support. Appropriate environmental and social covenants are included in the financing documents.
See EXIM's Environmental and Social Due Diligence Procedures and Guidelines here.
Summary of Project Finance and Project-Related Corporate Loan Transactions reaching financial close between May 1 and December 31, 2023:
| Project Name & Description | Project Finance (PF) or Project Related Corporate Loan (PRCL) | Project Location | Region | Sector | EPFI Designated Country? | Independent Review? |
|---|---|---|---|---|---|---|
| Environmental Category A | ||||||
| None | ||||||
| Environmental Category B | ||||||
| SunAfrica 400 MW and 104MW Photovoltaic Solar Power Project | PRCL | Angola | Europe, Middle East & Africa | Power | No | No |
| Liwathon Terminal Bulk Oil Storage Repair Project | PRCL | Bahamas | North America | Oil & Gas | No | No |
| BETA Technologies South 40 Manufacturing Campus for Electric Aircraft Manufacturing | PRCL | USA | North America | Infrastructure | No | No |
| Environmental Category C | ||||||
| Name Witheld | PRCL | Iraq | Europe, Middle East & Africa | Power | No | No |
| PROJECT FINANCE | PROJECT-RELATED CORPORATE LOAN | |||||
|---|---|---|---|---|---|---|
| CATEGORY | A | B | C | A | B | C |
| Total | 0 | 0 | 0 | 0 | 3 | 1 |
| SECTOR | ||||||
| Mining | ||||||
| Infrastructure | 1 | |||||
| Oil & Gas | 1 | |||||
| Power | 1 | 1 | ||||
| Others | ||||||
| REGION | ||||||
| Americas | 1 | |||||
| Asia Pacific | ||||||
| Europe, Middle East & Africa | 2 | 1 | ||||
| DESIGNATED COUNTRY? | ||||||
| Designated Country | 1 | |||||
| Non-Designated | 2 | 1 | ||||
| INDEPENDENT REVIEW? | ||||||
| Yes | ||||||
| No | 3 | 1 | ||||