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Day: January 30, 2020

Report: G20 Nations Throwing Billions at Fossil Fuel Industry through Export Credit Agencies 

January 30, 2020By Bronwen TuckerPress Releases, Stop Funding Fossils

A network of secretive, government-backed financial institutions called export credit agencies are handing more than $31 billion USD per year to the oil, gas, and coal industry, new analysis by Oil Change International and Friends of the Earth U.S. shows. 

Adding Fuel to the Fire: Export Credit Agencies and Fossil Fuel Finance

January 30, 2020By OCI TeamReports, Stop Funding Fossils

This report from Oil Change International and Friends of the Earth U.S. shows that since the Paris Agreement was made, G20 countries have used their export credit agencies to provide nearly 12 times more finance to fossil fuels than to clean energy. 

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