Global Witness accuses UK of 'rank hypocrisy' on fossil fuel projects
by Jillian Ambrose Energy correspondent from Environment | The Guardian on (#50T2Z)
Campaign group says UK's export credit agency broke OECD's rules with 2bn of fossil fuel financing
The UK government's export credit agency has fallen foul of OECD guidelines by offering multibillion-pound support to fossil fuel projects overseas despite global efforts to tackle the climate crisis, according to a campaign group.
Global Witness has accused the UK of "rank hypocrisy" in a complaint to the Organisation for Economic Cooperation and Development (OECD), a Paris-based thinktank that issues guidelines and recommendations for developed economies. The complaint also calls on the government to axe all overseas financial support for fossil fuels.
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