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EFIC and Climate Change
"100 to 1: EFIC's gamble with climate": Read the MPI and Aidwatch research report that exposes how the Australian government, through its export credit agency EFIC has facilitated and encourage the development of highly polluting and greenhouse intensive projects in developing countries, locking other nations into carbon dependency for decades to come. In comparison there is minimal support for renewable technolgies in EFIC's portfolio. For every dollar spent on supporting the export of renewables, EFIC spends an estimated $100 supporting fossil fuel exports. Download the report here: "100 to 1: EFIC's gamble with climate"
Created: 08 Dec 2004 | Last updated: 08 Dec 2004
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Mineral Policy Institute PO Box 435 Katoomba NSW 2780 Australia Phone: +61 (2) 9011 6884 | Email: mpi@mpi.org.au
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