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At Oil Change International we work to expose the true costs of fossil fuels and facilitate the ongoing transition to clean energy. Join us.

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REPORTS & BRIEFINGS

Canada’s export bank, Export Development Canada (EDC), already provides on average nearly fourteen billion dollars in support to oil and gas companies each year. As a result, Canada ranks second highest among G20 countries in public finance for fossil fuels. Now the federal government is using EDC to channel even more support to the oil and gas sector, which has been intensely lobbying the government for a bailout package of up to $30 billion.

Communities in Africa have generally contributed the least to climate change, been undermined the most by international trade and finance policies, and have a right to better international support for distributed renewable energy. In order to reach universal energy access before the 2030 target set by the UN Sustainable Development Goals, international public finance institutions have an urgent responsibility to provide more funding and better financial transparency and tracking for distributed renewable energy. Additionally, they have a responsibility to foster local participation in and ownership of distributed renewable energy initiatives. This briefing provides recommendations for how international public finance institutions

Amidst a climate crisis and global pandemic, it's essential that countries develop public finance packages that phase out fossil fuel production and invest in a just, green transition toward renewable energy that benefits communities and industry workers. While the Netherlands has committed to redirect financial flows from fossil fuels to climate action, this report reveals that the Dutch Government continues to provide billions — at least €8.3 billion per year — in taxpayer backed support for the production and use of fossil fuels.

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PROGRAM AREAS
The world is experiencing a climate breakdown. We're working to chart a new course off fossil fuels.

STOP FUNDING FOSSILS

Governments are still spending billions subsidizing oil, gas and coal. We need to #StopFundingFossils and start investing in the future.

Current Campaigns: Public Finance, Energy Access, No Coal Japan

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STOPPING CARBON LOCK-IN

The science says we need to keep fossil fuels in the ground to meet climate goals. We’re pushing back against industry expansion.

Current Campaigns: Real Climate Leadership, Stopping Oil & Gas Infrastructure

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ENERGY TRANSITIONS & FUTURES

The Paris climate goals demand a rapid, just transition from fossil fuels to clean energy. We’re pushing institutions and governments to lead the way.

Current Campaigns: International Energy Agency Reform, First Movers

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