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Legal opinion

Is this even legal? Governments propping up fossil fuel production with public money.

May 4, 2021By LaurieBlog Post, Featured, News, Stop Funding Fossils 1 Comment

Despite the need to rapidly wind-down fossil fuels to avert the worst of the climate crisis, governments worldwide continue to prop up fossil fuel production with huge sums of public money. They may be breaking international law.

Export credit agencies and states potentially at risk of climate litigation over finance for fossil fuels

May 4, 2021By OCI TeamBlog Post, Featured, News, Press Releases

A new legal opinion lays out the international law obligations of ECAs that are responsible for tens of billions of dollars per year in support for fossil fuels.

International Obligations Governing the Activities of Export Credit Agencies in Connection With the Continued Financing of Fossil Fuel-Related Projects and Activities

May 4, 2021By OCI TeamLegal Opinion, Resources

This new legal opinion finds that export credit agencies could be in violation of their international legal obligations if they do not take action to reduce their financing of fossil fuel-related activities imminently.

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