Transaction disclosure

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We provide a wide range of information on our transactions via:

  • our transaction register
  • our Annual Report 
  • media releases
  • providing details of our potential involvement in transactions associated with a project that has potential for significant adverse environmental and/or social impacts (Category A project), including access to the project’s environmental and social impact assessment
  • an archive of transactions associated with Category A projects considered since 2000.

Category A projects

Category A projects are those that we consider to have potential for significant adverse environmental and/or social impacts.

Our Category A project register discloses our potential involvement in transactions associated with Category A projects that:

  • have a repayment term or policy length of two years or more, and
  • have a value of SDR10million or more. The monetary limit does not apply to projects in sensitive areas.

Category A project register

The table below shows transactions associated with Category A projects that we are currently considering.

Project name and description

Location

Industry Sector

Facility Type

Reasons for classification

Project sponsor's environmental and social assessment

Disclosure period

Submissions

Boikarabelo Coal Mine & Railway

Development and construction of a greenfield coal mine and associated coal processing and rail transport facilities.

Waterberg Coalfields,Limpopo Province, South Africa Mining Project finance Significant mining project

Summary available here.

To request a full copy of the ESIA or make submissions please email your request to: environment@efic.gov.au

12th September 2016 to 12th October 2016

Jubilee Australia Research Centre & The Australia Institute.

Institute for Energy Economics and Financial Analysis.

Anyone can comment on our potential involvement in a transaction associated with a Category A project by providing a submission before the end of the disclosure period. We will include the name of each organisation or individual that provides a submission in the register unless asked to consider the submission confidential.

You can send a submission online, by email to environment@efic.gov.au or write to:

Chief Credit Officer
Efic
PO Box R65
Royal Exchange NSW 1223
Australia

Updates to Category A project register

To receive an email notification when new transactions are added to the register, please provide your details here

Category A project archive

We maintain a list of transactions associated with Category A projects that we have considered since 2000. This list is in two parts – the archive from 2000 to August 2012 is available in PDF here and transactions from September 2012 are provided in the table below.

For Category A transactions that we are currently considering, please refer to the Category A project register above.

Project name and description Location Industry sector (1) Facility type (2) Benchmark applied by Efic (3) Significant risk factors considered by Efic (3) Disclosure year and period Submissions Status (4)
Oyu Tolgoi Copper-Gold Mine.
Development and construction of a greenfield copper/gold mine and associated processing facilities.
Mongolia Khanbogd District, Omnogovi Province Mining Project Finance

IFC Performance Standards (PS)

PS 1 to 6 and 8 were relevant.  Risk factors included:

  • water resources
  • social issues (engagement, resettlement, community development)
  • biodiversity

10th September 2012 to 2nd November 2012

Received from:

  • Bank Information Center (on behalf of six CSOs)
  • Human Rights Law Centre
  • Jubilee Australia
  • Oxfam Australia
Facility approved in December 2015

Notes to table:

  1. According to ANZSIC division codes 2006.
  2. ‘Facility type’ is relevant only for transactions that Efic has supported.
  3. ‘Benchmark applied’ and 'Significant risk factors considered by Efic' is relevant only for transactions that Efic supported. Where a transaction did not proceed or is pending, benchmarking and risk considerations are not finalised.
  4. ‘Transaction did not proceed’ means that Efic has not financed or insured the transaction. This may have occurred for a range of reasons including the project itself may or may not have proceeded.