ESG Project Financing & Screening Support for EDC and other export credit agency financing

Avaanz can increase organizaitons’ likelihood of successfully raising financing with Economic Development Canada (EDC) and other export credit agencies.  Avaanz’s team’s experience working with EDC reviewing financing applications for ESG screening is invaluable in helping organizations avoid and best manage possible screening issues.

Demonstrating ESG due diligence can help raise capital faster and attract multiple investors to your construction project. Avaanz offers technical due diligence services, acting as an Independent Environment and Social Consultant. This includes benchmarking assessments on the Environment, Human Rights, Health & Safety, and Climate Change for your projects which must be submitted prior to financial close.  We have supported wind projects in North America, solar and lithium projects in Argentina, and chemical manufacturing in China ensuring conformance to lender expectations, such as IFC Performance Standards, Equator Principles and World Bank guidelines.  Once financing is approved, Avaanz will be there along the journey for post-financing term agreements such as monitoring reports and action plans that are time-bound measures during the course of the project.

Furthermore, Export Credit Agencies will conduct screenings on general purpose loans  when certain risk factors are present (a combination of country of operation, sector risk determination, and media track record results of all counterparties involved in the transaction). To avoid lengthy reviews, Avaanz can help your company get a head start by acting as an agent on your behalf to respond to due diligence and counterparty track record questions and ensure your ESG report is up to best practice standards. 

Don’t hesitate to reach out on how we can help you increase your chances of financing success!