Query: keyword: "international cooperation"
|Title||Climate proofing European capital flows|
|Authors||A. Douma, W. Wiertsema, I. Dias, N. van der Grijp, J. Gupta|
|Series title||Both ENDS Briefing Paper|
|Subject||Economic Development and Trade|
|Keywords||sustainable development, climate change, policy, international cooperation, finance|
|Abstract||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.|
|Rights||© 2010 Both ENDS|