Sustainable Economic SystemsWe aim to create a more environmentally sustainable and socially just world by transforming financial and economic systems. We work to redirect tax policies and public spending to make polluters pay for the costs of their pollution, and to drive the transition to a cleaner, low-carbon economy. At home and abroad, we advocate for policies that minimize environmental and social harm and fund a brighter future. In the United States, we strengthen regulations to encourage sustainability in financial markets and fight trade policies that allow companies to run roughshod over the environment and human rights. We also work with allies around the world to alter lending practices at financial institutions such as the World Bank, the U.S. Export-Import Bank and Wall Street banks that fund polluting activities and harm communities in developing countries.
The U.S. is failing to pursue an end for overseas oil and gas financing through the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, according to a new analysis led by Friends of the Earth and Oil Change International with over 175 civil society signers.
Today President Biden announced that he will nominate Ajay Banga to be President of the World Bank, on the heels of current World Bank President David Malpass’s announcement of resignation one week ago.
Today Recourse, Friends of the Earth U.S. and Asian Peoples Movement for Debt and Development released a new report that reveals the World Bank’s role in pushing for new and expanded gas power and LNG import infrastructure in Vietnam.
Sustainable Economic Systems Tell U.S. to terminate its involvement with a deadly coal plantTAKE ACTION
Sustainable Economic Systems Stop your tax dollars from funding fossil fuel projects overseasTAKE ACTION
Americans have made it clear: We want a cleaner future. This means investing in sustainable and efficient renewable energy at home and abroad.
In recent years, powerful partisan interests have weaponized these tools to block environmental and social justice progress. In response, Friends of the Earth is working to reform our democracy so that every voice is heard, equally.
The Inflation Reduction Act (IRA) is many things at once. The good and the bad all need to be considered together.
Earth Day continues to be a moment when people come together to pick up trash, to learn and teach, and to take a moment to reflect. It is also a day when corporate America loves to broadcast its social responsibility and to spend public relations budgets on ever-increasing forays into…
The U.S. government has spent more than $44 billion on fossil fuel projects overseas over the last decade.
On World Water Day, new briefing paper calls on banks and financiers to prohibit harmful financing to free flowing rivers
On International Forests Day, new briefing paper urges banks and financiers to exclude harmful financing that negatively impacts primary and vulnerable secondary forests
Oil and Gas Restrictions under the OECD Arrangement on Officially Supported Export Credits