What are ECAs?

Export credit agencies (ECAs) are primarily public entities that provide corporations with government-backed loans, guarantees, credits and insurance, usually to support exports overseas. ECAs are an important source of public finance for the private sector. All member countries of the Organisation for Economic Cooperation and Development (OECD) have at least one ECA.

Find your ECA

A sample of major ECA-supported fossil fuel projects

ECA laggards among G20 countries

ECAs are shrouded in secrecy

Governments publicly disclose very little — if any — information about the oil, gas and coal projects they support through ECAs. While many ECAs adhere to the OECD’s due diligence and transparency recommendations, these guidelines are weak, voluntary and largely ineffective. Only three ECAs have committed to adopting the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

This means governments are funneling taxpayer money to the fossil fuel industry without telling the public much about it. Without detailed and timely disclosure, the public is unable to accurately assess the full extent of ECAs' support for fossil fuels.

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Call on your government to immediately end all ECA support for fossil fuels

Campaign resources and updates

February 2023

175 organisations call on the OECD to end all new oil & gas export finance

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January 2023

REPORT – Paris Alignment of Italian ECA

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January 2023

Spain’s export credit agency restricts fossil fuel finance, but leaves major gas loopholes

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