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Publication / 11 May 2010

Climate Proofing European Capital Flows

In this paper, Both ENDS and partners examine the policies and portfolios of three European Export Credit Agencies (ECAs) and the European Investment Bank (EIB) in developing countries.

It shows that the policies of these institutions are not coherent with the climate change policies of the European Union. Their current portfolios lead to a growth in greenhouse gas emissions as well as increased vulnerability of developing countries to the impacts of climate change.

On the basis of the analysis, recommendations are provided to the EIB, the ECAs and the governments of the EU Member States.

For more information please check the following case studies, done by partners of Both ENDS:

Also check the two documentaries Both ENDS made on climate change and European investments:

Briefing_Paper_Climate-2-1

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