Ending fossil fuel support: the way forward NGO recommendations for OECD countries on their Export Credit Agencies



Posted on 10 June 2014  | 
Charcoal production is one of the leading causes of deforestation in Madagascar
© © WWF MWIOPOEnlarge
In this brifieng, dozens of NGOs worldwide, including WWF, call on OECD countries to:
  • immediately and publicly commit to end all forms of ECA support for high carbon projects, including coal plants, mines and associated infrastructure.
  • ensure common consistent action of developed countries. To do so, they should also support a multilateral OECD agreement to effectively prevent any support for high carbon projects, including coal plants, mines and associated infrastructure from OECD Export Credit Agencies.

On 16 June, the OECD Export Credit Group will discuss for the first time ever potential standards for preventing support of Export Credit Agencies to carbon intensive projects.

Charcoal production is one of the leading causes of deforestation in Madagascar
© © WWF MWIOPO Enlarge

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