Finance & Economic Systems

We 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.
{ term_page.name }}
Projects on Finance & Economic Systems
  • Finance & Economic Systems Tell U.S. to terminate its involvement with a deadly coal plant
    TAKE ACTION
  • Forests Tell TIAA to defund deforestation
    TAKE ACTION
Impact Stories See All
Dirty Coal Plant Loses U.S. Funding
Dirty Coal Plant Loses U.S. Funding

Americans have made it clear: We want a cleaner future. This means investing in sustainable and efficient renewable energy at home and abroad.

Greening the Democracy Reform Movement
Greening the Democracy Reform Movement

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.

Latest News See All
30+ Groups and Academics Call on Yellen to use US government’s “voice and vote” to take bold action on climate at the IMF

In a letter sent today, 30+ organizations and academics from around the globe called on US Treasury Secretary Janet Yellen to use the US government’s “voice and vote” in the IMF to push for an end to support of fossil fuel expansion --including gas.

Nearly 450 Organizations Call on Biden Administration to End Public Finance for Fossil Fuels

In a letter released today, nearly 450 organizations called on the Biden Administration to immediately end all US public financing for fossil fuels, including natural gas.

Kerry announces end to international fossil fuel financing

Special Presidential Envoy for Climate John Kerry announced a plan to end U.S.  public international fossil fuel financing at the World Economic Forum today. 

Latest Blog Posts See All
One Disaster After Another: Will EXIM Chairman Reed Ever Learn?
One Disaster After Another: Will EXIM Chairman Reed Ever Learn?

EXIM continues to invest in projects with severe environmental impacts, human rights abuses, and detrimental effects on local communities and public health.

Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds
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.

Over 260 CSOs call on Chinese actors to ensure COVID-19 financial relief be allocated to high quality, not high-risk Belt and Road investments
Over 260 CSOs call on Chinese actors to ensure COVID-19 financial relief be allocated to high quality, not high-risk Belt and Road investments

The international statement captures growing international concern regarding how Chinese development finance can do its part in successfully addressing the COVID-19 crisis without exacerbating environmental, social, climate, biodiversity, or other risks.

Resources See All
  • End US public finance for fossil fuels letter
    Download
  • Frontline Letter to BlackRock
    Download
  • Letter on OECD Secretary-General selection
    Download