COP26 declaration: exclusions as of Jan. 1 2023

The policy will take effect without changes. This means that new public support through the ECI for the fossil energy sector abroad will no longer be possible as of the new year.

The exclusions concern activities aimed at the exploration and extraction, processing, storage, transshipment and transportation of fossil fuels and electricity generation through fossil fuels. With these policy changes, the Netherlands is implementing the COP26 declaration, signed in Glasgow last year, and is taking an important step in bringing the ekv in line with the Paris Agreement. 

Exceptions and exclusions 

The policy was created partly with input from business and civil society stakeholders and in coordination with other countries that have also committed to the COP26 declaration. Per activity in the fossil value chain is described which activities are excluded from ECV support and which exceptions are still possible. Applications submitted before Jan. 1, 2023 have been processed and can still result in a policy until the end of 2023. The ECI remains accessible under strict conditions for investments in existing fossil infrastructure in line with the 1.5 degree scenario. An important condition is that there is an improvement in environmental performance, and/or safety, and/or health and where the economic life of the infrastructure is not extended. Other examples of exclusions include support services for fossil infrastructure, multipurpose ports, and electricity production in low-income countries with extreme energy poverty.  

The full overview of current ekv fossil value chain exclusion policies can be found on this page.