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EXIM Finances $690 million for Malaysia Petrochemicals as US Scrambles to Prove Climate Chops for COP29
The US Export-Import Bank (EXIM) voted to approve a massive financing deal for a petrochemical project in Malaysia, compromising US’ climate pledges in advance of the UN Climate Change Conference (C…
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EXIM fossil fuel projects briefing
The US Export-Import Bank (US EXIM) is considering financing for international fossil fuel projects with lifetime emissions equivalent to more than 5,058,556,750 tonnes CO2e.
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Why is the World Bank Group financing profitable polluters like Standard Bank and Eni?
El Grupo del Banco Mundial (GBM) desempeña un papel fundamental en la dirección del desarrollo económico mundial y tiene el potencial de apoyar la mitigación y la adaptación al cambio climático mediante el uso estratégico de fondos públicos. Desafortunadamente…
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Letter to EXIM on Chafee Amendment
FOE requests that the Secretary of State make a determination pursuant to the Chafee Amendment in the Charter of the U.S. Export-Import Bank.
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Advocates Urge Federal Government to Invoke Its Power Stop Funding Overseas Climate-Changing Projects
Although the Biden Administration has committed to ending all federal funding for overseas fossil fuel projects, EXIM continues to undermine this crucial assurance by providing billions in public fund…
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Letter to DFC on IAM draft terms of reference
We are concerned about potential conflicts of interest in Board decisions on the IAM because the DFC CEO is a member of the DFC Board.
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Letter to EXIM on Trafigura
We urge EXIM to publicly end all its support for Trafigura and to permanently debar the company from future EXIM support.