ecas-6a281e8ffd325975.pdf

The document critiques Export Credit Agencies (ECAs) for prioritizing energy-intensive exports over renewable energy and for lacking the environmental and social safeguards common in multilateral development banks. It highlights the role of G7 countries in financing energy-intensive projects and notes that between 1994 and 1999, ECAs supported only US$2 billion in renewable energy. The brief calls for the adoption of binding guidelines, transparent disclosure policies, and a target of at least 20% for renewable energy and energy efficiency in ECA portfolios by 2006.

• G7 countries provided 90 percent of the co-financing from ECAs for energy-intensive exports and projects, while renewable energy projects received significantly less support, totaling US$2 billion between 1994 and 1999.
• ECAs generally lack the minimum environmental, social, and labor standards required by bilateral aid agencies and development banks, which allows them to support projects that undermine sustainable development goals and the policies of the World Bank.
• Despite commitments from G8 governments in 1999 to develop environmental guidelines for ECAs by the 2001 G8 Summit, the OECD Export Credit Group failed to meet these mandates.
• The document recommends that ECAs implement a portfolio target of at least 20% for renewable energy and energy efficiency by 2006 to reduce greenhouse-gas emissions.

APA

Center for International Environmental Law (n.d.). ecas-6a281e8ffd325975.pdf. https://www.ciel.org/wp-content/uploads/2015/03/ECAs.pdf

Chicago

Center for International Environmental Law. ecas-6a281e8ffd325975.pdf. n.d. https://www.ciel.org/wp-content/uploads/2015/03/ECAs.pdf.

Wikipedia

{{cite report |author=Center for International Environmental Law |title=ecas-6a281e8ffd325975.pdf |url=https://www.ciel.org/wp-content/uploads/2015/03/ECAs.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{centerforinternationalenvironmentallawndecas6a281e8ffd325975pdf, author = {{Center for International Environmental Law}}, title = {{ecas-6a281e8ffd325975.pdf}}, institution = {Center for International Environmental Law}, url = {https://www.ciel.org/wp-content/uploads/2015/03/ECAs.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }