The clock is ticking: Ambitious export credit climate policies needed to implement the Glasgow Statement

August 29, 2022By OCI TeamBlog Post, Stop Funding Fossils 1 Comment

By Nina Pusic   Often hidden from public view, export credit agencies (ECAs) hold a make-or-break role when it comes to achieving the 1.5°C warming goals of the Paris Agreement and averting climate catastrophe. Their export support, in the form of loans, loan guarantees and insurance, helps domestic companies limit the risk of selling goods … Read More

Hidden Costs: Pollution from Coal Power Financed by OECD Countries

November 8, 2015By Alex DoukasReports, Resources

  Hidden Costs: Pollution from Coal Power Financed by OECD Countries November 2015 Oil Change International and WWF DOWNLOAD REPORT OECD countries support coal-fired power plants abroad by providing preferential financing through institutions called Export Credit Agencies (ECAs). These coal-fired power plants have significant costs, in the form damages to the health of local populations from air … Read More

It’s past time for OECD countries to axe support for overseas coal and to #StopFundingFossils

September 17, 2015By Alex DoukasBlog Post, Featured, News

Today – just a few months before landmark climate change negotiation in Paris – a little-known working group within the OECD met to discuss a big issue: should rich countries continue to push dirty coal technologies overseas, or should they finally set some limits on financing climate destruction? The question is an important one, as a … Read More