Swedwatch 2023 Key considerations for sustainable EU export credits 230427.pdf

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Swedwatch 2023 Key considerations for sustainable EU export credits 230427.pdf

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Ami Hedenborg

Ami Hedenborg

Press contact Acting Head of Outreach and Advocacy 0709 32 92 49

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EU must urgently review its outdated policy on export credits

Despite promises to make financial flows consistent with a low-carbon economy, EU member states continue to provide financial support to the fossil fuel industry through export credits. It is time that the EU Commission replaces its outdated policy with new and ambitious regulation, prohibiting export support to oil and gas, says Swedwatch in a policy paper published today.

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