Alignment of China’s Energy Sector Export Finance with the Paris Climate Agreement

China’s main export credit institutions, CEXIM, SINOSURE, and CDB, have made limited progress aligning with the Paris Agreement. Together, they financed nearly USD 200 billion in global energy projects from 2013–2022, much of it fossil fuel-related. Despite China’s climate commitments, fossil fuel support persists, including a new coal plant in 2023. Transparency remains low, with limited emissions disclosure. While engagement with the Global South is strong, alignment with global standards is lacking. Strengthening fossil fuel restrictions and transparency could boost China’s role as a clean energy leader and support global climate and development goals.