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Letter to EXIM on Refinery Expansion in Indonesia
As the main purpose of the refinery is to produce gasoline and diesel, EXIM support for this project would be in violation of President Biden’s climate executive orders and plans.
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Letter to EXIM on Malaysia Petrochemical Project
Friends of the Earth United States (FOE) writes to express deep concern for EXIM’s consideration of Pengerang Energy Complex (PEC) Petrochemical Project in Penerang, Johor, Malaysia.
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U.S. allows financing for new oil project at IDB Group Board, contradicting climate policies
The U.S. government’s ineffective guidance on fossil fuel financing at MDBs reflects its unwillingness to rigorously act on climate
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Submission on the 2021 Development Policy Financing (DPF) Retrospective
DPFs make up a significant portion of World Bank financing, representing 26 percent of overall Bank financing in the latest Retrospective period covering July 2015 to June 2021.
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Analysis: U.S. Restrictions on Public Finance for Overseas Energy Projects
Building on the commitment that the United States made in Glasgow to “end new direct public support for the international unabated fossil fuel energy sector by the end of 2022,” President Biden pu…
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Biden Admin rolls out weak government-wide standard on overseas fossil fuel finance
Today, President Biden put forward a government-wide performance standard to apply to U.S. financing of overseas energy projects.
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Public Energy Finance Briefing (in Japanese)
Public Energy Finance Briefing (in Japanese)
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United States joins 20+ countries in committing to end international finance for oil, gas, and coal by end of 2022
Today the United States and 24 other countries and institutions from both developed and developing countries committed to end direct international public finance for unabated coal, oil and gas by the…
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NGOs Release the First Global Oil & Gas Exit List at COP26
NGOs this week launched a new database identifying the largest oil and gas expansionists as well as the companies responsible for the dirtiest and most controversial forms of oil and gas production.
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Past Last Call: G20 public finance institutions are still bankrolling fossil fuels
New report reveals that from 2018 to 2020, at least USD 10.9 billion per year was provided for financing oil, gas & coal projects by Japan.