Last year, the UK became the first country to actually implement – not just commit to – phase out of most financing and insurance from UK export Finance (UKEF) for the development of fossil fuel export projects overseas.
Despite this, the extent to which UKEF is fully aligned with the Paris Agreement generally remains unclear and doubtful. This reports seeks to investigate this further, offering recommendations to fully align UKEF with the Paris Agreement so it becomes a model that can help each countries spur necessary reforms in their ECA.
