Sustainable Economic Systems
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Senate Climate Report full of backwards, false solutions
Instead of embracing bold climate solutions endorsed by the climate movement it relies on backward-looking propositions that prop up the dying fossil fuel industry
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Report shows DFC’s energy portfolio still investing billions in fossil fuels
Climate change’s disproportionate impact on less developed countries will only worsen if finance institutions continue to pour billions of dollars into dirty fossil fuel projects.
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A Surge in Support: A Review of 15 Years of OPIC’s Energy Financing
This issue brief is the second in a series analyzing OPIC’s policies and performance and providing recommendations for the DFC in its formative months and years.
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Report: ECAs must embed climate in their COVID-19 responses
ECAs (institutions that finance the international operations of corporations from their home country) are the largest public financiers of fossil fuel projects, spending 14 times as much on fossil fue…
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ECAs, COVID-19 and climate
Recommendations to ensure that economic support protects people and the planet.
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DFC Impact Quotient Submission
As organizations that support communities around the world to raise their voices and input into the development decisions that affect them, we are writing to ensure that the IQ is as strong as possib…
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DFC nuclear comments
Friends of the Earth writes to express our concerns with the U.S. International Development Finance Corporation’s (DFC’s) proposal to take nuclear off of its Categorical Prohibitions list in its E…
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Letter to Ex-Im Bank on COVID-19
As policy makers decide on the shape and size of stimulus packages, determining economic trajectories for decades to come, climate considerations must be central to their calculations. The worldwide h…
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Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds
The headline finding is that from 2016 to 2018 G20 countries provided an average of USD $77 billion a year in public finance for fossil fuels.
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Report: G20 Governments Bankrolling the Fossil Fuel Industry by at least $77 Billion a Year
A new report released by Friends of the Earth U.S. and Oil Change International reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since th…