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Export credit agencies

Fern works towards EU trade and investment policies that do not subsidise climate change and ensure strict financing rules are in place for institutions such as Export Credit Agencies. 

Fern’s analysis: Despite the EU’s claim that it is a leader in halting climate change, its trade and investment policies are in fact worsening the situation. Among the most damaging institutions supported by EU policies are Export credit agencies (ECAs) and the European Investment Bank who continue to finance destructive activities and the fossil fuel industry to the tune of millions. Nearly 10 per cent of world exports are supported by ECAs, approximately twice the world’s total overseas development assistance.

What Fern is doing: Fern is analysing EU finance and investment's impacts on forests and the climate in order to show its incoherence with the EU's climate policy to keep global warming below two degrees celcius and make it accountable to its own climate policies. Fern is also facilitating the European ECA Reform Campaign, bringing together a coalition of organisations from across Europe with the goal of achieving environmental and social standards for EU-based ECAs.

To learn more about this campaign: see www.eca-watch.org, the report Exporting Destruction. Export credits, illegal logging and deforestation and the book Why Investment Matters.

Most recent publications

Forestwatch issue 140

  • Ilisu dam: teetering at the edge
  • Liberia’s dubious timber concessions
  • UK Environmental Audit Committee heeded
  • EU aid: must do better
DocumentSize
PDF iconFW 140.pdf176.55 KB
PDF iconBonn II meeting update.pdf131.11 KB

Forest watch Issue 137

  • Fossil Fools day 2009 targets the G20
  • India: The hidden costs of free trade
  • Natura 2000 and CEPF
  • Urging recognition of forest peoples’ rights
  • Liberia negotiations begin
  • EU calendar online
  • FERN moves to Mundo-B
DocumentSize
PDF iconFW 137.pdf246.89 KB

Forestwatch Issue 136

  • Forests in EU-China bilateral agreements
  • Liberia received praise where due
  • Closer eye on EU finance?
  • EU illegal timber proposal strengthened
  • Climate Package disappoints
  • DG ENV boss shuns offsets
  • Reducing emissions or playing with numbers?
DocumentSize
PDF iconFW 136.pdf243.52 KB
PDF iconPlaying with numbers.pdf112.95 KB

Forestwatch Issue 135

  • DRC: ninety-one logging contracts cancelled
  • Communication acknowledges failings of the CDM
  • Diluting the Renewable Energy Directive’s benefits
  • The trouble with market schemes: A US example
     
DocumentSize
PDF iconOPEN268.4 KB
PDF iconFLEGT Update124.19 KB

Forestwatch Issue 134

  • Wood criteria threaten green procurement
  • Civil society gagged
  • Forest offsets remain excluded from ETS – for now
  • Ilisu Dam: not dead yet
  • EU biodiversity goals: Failure in progress
  • FERN/Forest Peoples Programme Poznan Special
DocumentSize
PDF iconPDF164.41 KB
PDF iconPoznan special127.72 KB

Forestwatch Issue 132

  • FSC must improve its performance
  • Biofuel bonus
  • Council prepares for Poznan
  • ASEAN inches toward human rights organ
  • Clearer guidelines for Natura 2000
DocumentSize
PDF iconPDF221.54 KB

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