Leaked: UK £7 billion export credit for fossil fuel industry violates ‘clean energy’ pledge

Between 2011 and 2016 the UK’s export finance agency UKEF provided £109m to underwrite exports of equipment to coal mines in Russia, writes Lawrence Carter – despite the agency’s commitment not to support ‘investment in dirty fossil-fuel energy production’. And that’s just a fraction of the £6.9 billion UKEF has lavished on the corrupt, polluting sector since 2000, while it was meant to be backing the clean energy technologies of the future.
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