Around 20 NGOs, including WWF, Greenpeace, Amnesty International and Public Eye, have accused Switzerland of backing ten gas‑fired power plant projects abroad. + Get the most important news from Switzerland in your inbox They staged a protest on Wednesday outside the headquarters of the Swiss Export Risk Insurance (SERV) in Zurich. In an open letter to Swiss President and Economics Minister Guy Parmelin, as well as to Energy Minister Albert Rösti, the 23 NGOs argue that Switzerland is breaching the commitments it made at the 2021 COP26 in Glasgow. There, Switzerland pledged to stop financing fossil‑fuel projects abroad. + What do new rules on carbon offsets mean for dealmaker Switzerland? As of 2023, SERV has given provisional or full backing to ten gas‑fired power plants abroad, say the organisations. They estimate that these projects would produce almost 20 million tonnes of CO₂ equivalent emissions a year, roughly half of Switzerland’s total annual emissions. Reduced credibility ...
