Export credit agencies (ECAs) in the world’s largest economies are still pumping billions of dollars more annually into fossil fuels than clean energy projects, fresh data shows, spurring calls for reform within the OECD Arrangement. ECAs in the G20 group of nations provided US$96bn towards fossil fuel projects between 2020 and 2022, finds a report…| Global Trade Review (GTR)
The EU has tabled a comprehensive proposal to members of the OECD Arrangement on export credits that would halt billions of dollars in oil and gas financing annually, yet climate groups warn of likely opposition from the US and Asia. The EU proposal, submitted at a meeting of OECD Arrangement on Officially Supported Export Credits…| Global Trade Review (GTR)
Ahead of crunch talks within the OECD Arrangement, climate groups are pressuring the US, Korea and Japan to agree to a comprehensive proposal that would halt billions of dollars in fossil fuel financing each year. In recent days, over 40 environmental and social activity groups have written to members of the OECD Arrangement on Officially ...| Global Trade Review (GTR)
