Analysis: Rich Nations Driving Global Coal Expansion
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
A new report released today reveals the disconnect between Canada’s promises on climate change and the actions of its official export credit agency, Export Development Canada (EDC), in propping up the oil and gas industry through government-backed (public) finance.
Today, the French government outlined new measures aimed at greening the country’s export credit support policy. Under the proposed new policy, France will continue supporting fossil fuel projects worldwide until at least 2035. OCI urges the French government to reconsider...
Today, Canada’s export bank, Export Development Canada (EDC), released new climate targets.
As crucial negotiations loom on Organisation for Economic Co-operation and Development (OECD) rules for export financing for energy, over 40 environmental, climate, human rights, and development organizations from around the world demand that OECD governments conclude negotiations to end export...
A letter from over 200 organizations calls for a moratorium on construction of natural gas pipelines and LNG export facilities during the COVID-19 public health crisis.
Australia fulfills Clean Energy Transition Partnership (CETP) pledge made a year ago at COP28 climate summit in Dubai Australian government institutions can no longer use government-backed finance to fund fossil fuel projects abroad Australia’s new policy boosts next week’s OECD...
“Failing the ‘Climate Test’: LNG Projects Awaiting Final Investment Decision Do Not Stand Up to U.S. Government Analysis” shows that U.S. LNG export projects displace renewable energy and drive up emissions – making them incompatible with a liveable climate.
Dozens of advocacy groups highlighted fundamental flaws in a draft federal study intended to assess the macroeconomic impacts of expanded LNG export.
Japan is continuing to drive the expansion of fossil fuels across Asia and is derailing the transition to renewable energy. This harms communities and ecosystems, undermines energy security, and worsens the climate crisis. The facts speak for themselves.