Friends of the Earth: New OECD Coal Financing Restrictions Represent Weak Progress
October 23, 2021
October 23, 2021
WASHINGTON, Oct. 23 (TNSOps) -- Friends of the Earth issued the following news release on Oct. 22, 2021:
Today the OECD Export Credit Group announced new restrictions on its support for overseas coal projects. These restrictions build on the Coal-Fired Electricity Generation Sector Understanding that was negotiated in 2015 and went into effect 1 January 2017. That agreement prevented OECD-member export credit agencies (ECAs) from supporting coal-fired power plants that were less eff . . .
Today the OECD Export Credit Group announced new restrictions on its support for overseas coal projects. These restrictions build on the Coal-Fired Electricity Generation Sector Understanding that was negotiated in 2015 and went into effect 1 January 2017. That agreement prevented OECD-member export credit agencies (ECAs) from supporting coal-fired power plants that were less eff . . .