Develop a Paris Agreement alignment methodology and assess the Paris alignment of Export Credit Agencies
The first objective of this project was to develop a robust practical methodology to assess the alignment of Export Credit Agencies (ECA) operations with the Paris Agreement (PA). The methodology was built upon existing PA alignment methodologies in order to avoid duplication and ensure that best practices from financial sector initiatives were taken into account, for both the private and the public sector. This first study looked into methodologies focusing on strategy and governance of ECAs. The benchmarking exercise included a virtual workshop with PA alignment methodology developers in order to maximize synergies with existing initiatives. Based on the benchmarking exercise, an ECA alignment methodology was developed and tested on an ECA of strategic importance to ensure its real-world applicability, in close cooperation with relevant local stakeholders.Based on the developed methodology, Perspectives assessed the PA-alignment of ECAs in eight different countries (Canada, France, Germany, Italy, Japan, The Netherlands, South Korea, USA) between October 2021 and May 2023. For each case study, a set of recommendations was developed on necessary policy reforms for export finance in the context of Paris alignment. Additionally, in 2022, the team of experts organised a series of policy dialogues with ECA practicioners, researchers and civil society organisations, besides direct engagement with ECAs such as US-EXIM or Bpifrance.
- Project lead Igor Shishlov
- Expert Max Schmidt
- Expert Laila Darouich
- Expert Philipp Censkowsky
- Expert Sherri Ombuya
ECCO – The Italian Climate Change Think Tank - ActionAid Assessment of CDP’s and update on SACE's alignment with the Paris Agreement
Research on innovative finance instruments and tools to address loss and damage caused by anthropogenic climate change in the context of an increasing debt burden in developing countries.
European Climate, Infrastructure and Environment Executive Agency (CINEA) Zero Emission Network to facilitate CCUS uptake in industrial clusters