This report by Oil Change International, Friends of the Earth U.S., and WWF’s European Policy Office reveals how export credit agencies around the world are funding climate disaster by financing over $32 billion dollars each year in coal, oil, and gas projects. It outlines how existing limitations on support for fossil fuel projects are severely insufficient if the world wants to avoid catastrophic impacts of climate change. Export credit agencies must wind down this funding as soon as possible – and no later than 2020 – in order to stop undermining the Paris Agreement.
Financing Climate Disaster: How export credit agencies are a boon for oil and gas
Download Financing-Climate-Disaster.pdf (3.35 MB)
Publication Year: 2017