EU member states lag on pledge to scrap export finance for fossil fuels

EU member states committed in 2022 to stop public finance for fossil fuel energy through export credit agencies by the end of 2023

Just eight EU member states have upheld an EU-wide commitment to phase out the use of export credit agencies to finance fossil fuel projects by the end of 2023, concludes a report from non-profits Both Ends, Counter Balance and Oil Change International.