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Undermining Our Future cover
Victoria Fanggidae, Evert Hassink, Petra Hamers, Soren Henriksen, Jakob König, Yann Louvel, Jesper Stegmann, Alexandre Naulot, Yuki Tanabe, Guilherme Teixeira, Frank Vanaerschot, Gine Zwart

Undermining our Future


02 november 2015

Fair Finance Guide International (FFGI) started in January 2014 and is presently being implemented by coalitions of civil society organizations in Belgium, Brazil, Denmark, France, Netherlands, Indonesia, Japan and Sweden.1Its total of over 20 members aim to establish Fair Finance Guides (FFG) in each of these countries, following the example of the Dutch Fair Bank Guide. FFGI aims to publish a number of joint studiesabout the policy and practices of the assessed banks in the participating countries, so-called Flagship Publications.


The first flagship study on Transparency was published in the beginning of 2015.2This current Flagship Publication outlines the trends in financing of 75 selected financial institutions towardsselected companies engaged infossil fuels (coal mining and oil & gas), renewable energy input equipment manufacturers (solar panels, concentrated solar power plants, wind turbine manufacturers, and geothermal power turbine and engineering companies), renewable energy projects and utility companies, over the period 2004-2014. Given the urgent need for an energy transition, this study thus assesses whetherfinancing for this transition is on the right track.

The first flagship study on Transparency was published in the beginning of 2015.2This current Flagship Publication outlines the trends in financing of 75 selected financial institutions towardsselected companies engaged infossil fuels (coal mining and oil & gas), renewable energy input equipment manufacturers (solar panels, concentrated solar power plants, wind turbine manufacturers, and geothermal power turbine and engineering companies), renewable energy projects and utility companies, over the period 2004-2014. Given the urgent need for an energy transition, this study thus assesses whetherfinancing for this transition is on the right track.

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