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EXIM Sends Late Christmas Gift to Exxon, Approving Guyana Gas Deal
Today the US Export-Import Bank quietly voted on and presumably awarded a $526 million loan agreement to ExxonMobil and partners for a massive gas project in Guyana.
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U.S. Misses the Mark on Fossil Fuel Finance Agreement
Today at the conclusion of the OECD Export Credit Group negotiations, participating nations failed to reach an agreement on fossil fuel finance, despite scientists’ repeated calls for urgent climate…
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UKEF letter on Mozambique
UKEF must conduct comprehensive new due diligence — including a human rights and environmental assessment with public consultation.
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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?
The World Bank Group (WBG) plays a massive role in directing global economic development, and has the potential to support climate mitigation and adaptation by strategically using public funds. Unfort…