Risking It All: How Export Development Canada’s Support for Fossil Fuels Drives Climate Change
Summary
The report analyzes transaction-level data to show that Export Development Canada (EDC) provides significant government-backed support to the oil and gas sector, which contradicts Canada's climate goals and the Paris Agreement.
Key insights
- Export Development Canada (EDC) provides an average of more than $10 billion in government-backed support to oil and gas companies annually.
- Between 2012 and 2017, the level of support EDC provided to the oil and gas sector was twelve times higher than the support provided to clean technologies.
- Financial support for oil and gas from EDC increased under Prime Minister Justin Trudeau's government, totaling 22.4 billion in the first two years, compared to 20.9 billion during the final two years of Stephen Harper's government.
Cite the original document
- APA
- Scott,, A. D. A. (2018). Risking It All: How Export Development Canada’s Support for Fossil Fuels Drives Climate Change. International Institute for Sustainable Development. https://www.iisd.org/publications/report/risking-it-all-how-export-development-canadas-support-fossil-fuels-drives
- Chicago
- Scott,, Alex Doukas, Adam. Risking It All: How Export Development Canada’s Support for Fossil Fuels Drives Climate Change. International Institute for Sustainable Development, 2018. https://www.iisd.org/publications/report/risking-it-all-how-export-development-canadas-support-fossil-fuels-drives.
- Wikipedia
- {{cite report |last1=Scott, |first1=Alex Doukas, Adam |title=Risking It All: How Export Development Canada’s Support for Fossil Fuels Drives Climate Change |publisher=International Institute for Sustainable Development |date=22 November 2018 |url=https://www.iisd.org/publications/report/risking-it-all-how-export-development-canadas-support-fossil-fuels-drives |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{scott2018risking, author = {Scott,, Alex Doukas, Adam}, title = {{Risking It All: How Export Development Canada’s Support for Fossil Fuels Drives Climate Change}}, institution = {International Institute for Sustainable Development}, year = {2018}, month = nov, url = {https://www.iisd.org/publications/report/risking-it-all-how-export-development-canadas-support-fossil-fuels-drives}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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