EU Campaign to Reform Export Credit Agencies and International Financial Flows
FERN
- Program Environment
- Program Area Transforming Development Finance
- Grant Amount $260,000
- Grant Period February 1, 2010–January 31, 2012
- Location Moreton-in-Marsh, United Kingdom
- Geographic Focus Europe
About this grant
FERN works to ensure that international capital flows contribute to environmental protection and sustainable development in developing and transitional countries. Through FERN’s efforts, environmental guidelines for export credit agencies were adopted by the Organization for Economic Cooperation and Development and financing for a number of destructive projects have been cancelled. During the grant period, the grantee will continue its work coordinating European, nongovernmental efforts to reform export credit agencies and expand its work on European carbon emissions trading.