The OECD has adopted a new list of “climate-friendly” projects that will benefit from preferential financial terms for export support. But a number of projects are poorly defined, potentially allowing for preferential financial incentives for export credit agency investments in gas.
As I write the dire threat of war once again hangs over Europe after the Russian President, Vladimir Putin, recognised the self-proclaimed republics in Luhansk and Donetsk in Eastern Ukraine and ordered his troops over the border.
The next president and Congress should reinstate the crude export ban in tandem with policies to ensure a just and equitable transition away from fossil fuels. A reimplementation of the ban would therefore require an ambitious and well-funded energy policy...
Last week, civil society advocates from across the world convened outside the Washington DC headquarters of the World Bank to protest the Bank’s highly controversial financing of deadly fossil fuel projects.
Greta Thunberg told delegates at Davos that “Our house is still on fire. Your inaction is fueling the flames by the hour."
"Instead of kicking out these polluters, the UNFCCC 25th Conferences of the Parties (COP25) kicked out the people. Instead of listening to our voices, they attempted to silence us."
Last week, OECD countries failed to conclude negotiations on climate friendly incentives to align Export Credit Agencies, the world’s largest international financiers of fossil fuels, with international climate goals.
Hundreds of civil society organisations from dozens of countries have taken to the streets around the world to demand that the G7 stop peddling fossil fuels to developing countries and stop promoting false solutions to the climate crisis.
How many fires will it take, how many deaths will it take, how many sick struggling to breathe or unclog their lungs from the toxic smoke, before Australian Prime Minister Scott Morrison stands up to the fossil fuel lobby and...
On Monday, June 16 the Organization for Economic Cooperation and Development (OECD)’s Export Credit Group will meet to discuss climate and energy related financing through Export Credit Agencies – public agencies that fund or guarantee private corporations from their home...
