Europe’s greenest countries back fossil fuels abroad. ‘The Arrangement’ is to blame.

Climate Economy

Europe’s greenest countries back fossil fuels abroad. ‘The Arrangement’ is to blame.

by Jared Downing | May 11, 2021

Oft-overlooked export credit agencies quietly back billions in fossil fuel exports even as their governments curb emissions at home. This feature is part of our People Powered News initiative, a partnership of Climate & Capital and climate advocacy organization We Don’t Have Time. In the global effort against climate change, nobody is more impressive than Sweden — at least, according to the 2020 Climate Change Performance Index, which awarded the country its highest ranking, particularly praising its international climate efforts. In the same year, business watchdog Swedwatch published a report…

Thank you for reading Climate & Capital Media

Create your FREE account to continue reading this article

Climate & Capital Media is a global media organization that promotes the broad exchange of information about the business and finance of climate change. We’re committed to informing and motivating leaders to take bold action to build a sustainable and just economy.

Don't have an account? Register now!