New Report Sheds Light on Overseas Coal Financing by Export Credit Agencies

(Huffington Post, 13 March 2015) As the 34 member countries of the Organization for Economic Cooperation and Development (OECD) met in Paris last week, Oil Change International released a new report with a shocking revelation. Not only has export credit agency (ECA) financing for coal by OECD countries increased, these ECAs financed nearly one-quarter of all new coal development outside of China between 2005 and 2012.