cover image: Paris Alignment of Export Credit Agencies: Denmark

20.500.12592/2zc09to

Paris Alignment of Export Credit Agencies: Denmark

28 Oct 2024

Perspectives Climate Research utilized its methodology to assess EIFO, the official Export Credit Agency (ECA) of Denmark, for its alignment with the Paris Climate Agreement. Overall, EIFO was rated with ‘Transformational’ (score 2.54/3.00). EIFO is the first institution to receive the highest possible ranking among eleven ECAs that Perspectives Climate Research assessed so far.   The score reflects EIFO’s successful phase-out of fossil energy financing and its world-leading renewable energy support. EIFO is also raising climate ambitions of other ECAs through initiatives like E3F and NZECA. Areas for improvement include reporting project-level GHG emissions, providing comprehensive sustainability reports, defining climate finance, and setting sectoral emissions reduction targets across its portfolio.
sustainable development economy finance business foreign policy social sciences environment and climate nordic solutions sustainable consumption and production

Authors

Weber, Luisa, Schmidt, Max, Shishlov, Igor

DOI
https://doi.org/10.6027/temanord2024-538
ISBN
978-92-893-8073-7 (electronic) 978-92-893-8074-4 (electronic)
OAI
oai:DiVA.org:norden-13390
Pages
59
Published in
Copenhagen: Nordisk Ministerråd
Responsible organisation
Nordic Council of Ministers, Nordic Council of Ministers Secretariat Nordic Council of Ministers, Nordic Council of Ministers Secretariat, Nordisk Arbejdsgruppe for Klima og Luft (NKL)
Series
TemaNord, ISSN 0908-6692 ; TN2024:538
URN
urn:nbn:se:norden:org:diva-13390
Year
2024
pages
59

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