Australia must shift public finance away from fossil fuels: groups target Export Finance Australia’s board
Release Date: 05 May 2022
Sixteen organisations including Jubilee Australia, Oxfam, the Australia Institute and the Australian Conservation Foundation have sent a joint letter to the board of Export Finance Australia calling on them to direct the government agency to stop financing coal, oil and gas industries.
Tiwi, Larrakia Traditional Owners take South Korean Government to court to stop offshore gas project
Release Date: 23 Mar 2022
Tiwi Islander and Larrakia Traditional Owners are taking the South Korean government’s export credit agencies to court to prevent them from financing Santos and SK E&S’ dirty offshore Barossa gas project.
Australian Government blocks climate action, helps foreign governments exploit Australian fossil fuels
Release Date: 04 Nov 2021
Over the past decade, public financial institutions overseas have pumped $AUD36.7 billion into Australian fossil fuel projects, according to a paper published by Jubilee Australia Research Centre, the Australian Conservation Foundation, South Korea’s Solutions for Our Climate and the Japan Centre for a Sustainable Environment and Society. The report shows how the Australian Government has blocked international efforts to limit fossil fuel financing, while over the last decade it has facilitated foreign bankrolling of the Australian fossil fuel industry to the tune of $AUD36.7 billion.