# Paris Alignment of Export Credit Agencies: Denmark

Published by Perspectives Climate Group. Canonical page: https://perspectives.cc/work/publications/paris-alignment-of-export-credit-agencies-denmark

Perspectives Climate Research utilised its well-established 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.

## Details

- Authors: Luisa Weber, Max Schmidt, Igor Shishlov
- Year: 2024
- Published by: Perspectives Climate Research
- Topics: Climate Finance
- PDF: https://pub.norden.org/temanord2024-538/temanord2024-538.pdf

Cite this page as: Luisa Weber, Max Schmidt, Igor Shishlov (2024). Paris Alignment of Export Credit Agencies: Denmark. Perspectives Climate Research. Available at: https://perspectives.cc/work/publications/paris-alignment-of-export-credit-agencies-denmark