fossil fuels

fossil fuels

Is EDC ready to run Canada’s new development finance institute?

Earlier this year, Export Development Canada (EDC) was tasked with running Canada’s new Development Finance Institute. In its new role financing private investment for the purposes of poverty alleviation and sustainable development, EDC will need to adopt robust due diligence practices to ensure the investments it supports respect human rights and the environment.

Calling for an end to public financing of fossil fuels

Following up on a recent report that reveals Canada pours billions of dollars in public financing into fossil fuels each year -- putting our country in 6th place for largest public supporter of fossil fuels among G20 states -- we've written to the prime minister calling for an immediate commitment to end public financing of fossil fuels.