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Climate Activists Mark President Ajay Banga’s Bullish First Year

Friends of the Earth U.S. and partners marked Ajay Banga’s first year as president of the World Bank Group by exposing the Wall Street ties that are stymieing climate action at the financial institution. Read More

U.S. blocks clean energy transition with outsized fossil fuel support

The United States and a handful of other bad actors are blocking a just transition to renewable energy with continued and outsized financial support for fossil fuels. Read More

Export-Import Bank Votes to Proceed with Bahrain Project Financing in Closed-Door Process

Today the board of directors at the United States Export-Import Bank voted to notify Congress about potential financing for fossil fuel expansion in Bahrain. Read More

Amid Corruption Charges, Groups Demand EXIM Halt Payments to Trafigura

This week, Friends of the Earth United States and partners sent an open letter to EXIM, asking the bank to halt its loan of $400 million to Trafigura, a loan agreement that was approved in July 2023. Read More

Export-Import Bank Squeezes in Disastrous Freeport LNG Vote Before Close of 2023

This week, the U.S. Export-Import Bank approved $90 million for marketing a Freeport liquified natural gas project in Texas. Read More

Export-Import Bank Is Set to Approve Estonia Oil Project

President Biden cannot claim climate wins while his US Export-Import Bank is propping up a pollutive industry. Read More

Amid U.S. Cries for Climate Action, Export-Import Bank Set to Approve Iraq Gas Project

Yet again, the U.S. Export-Import Bank is directly contradicting Biden’s climate goals by supporting yet another fossil fuel project. Read More

EXIM under Biden risks repeating mistakes of Obama in supporting Papua LNG

Today, 27 environmental and civil society organizations from Papua New Guinea, the Asia Pacific region and the United States submitted a letter to the U.S. Export-Import Bank (EXIM) urging it to oppose support for the Category A Papua liquefied natural gas project. Read More

EXIM approves support for oil refinery in Indonesia despite Biden climate pledges

Today the U.S. Export-Import Bank approved almost $100 million in support for the expansion of the PT Kilang Pertamina Balikpapan Petroleum Refinery in Indonesia Read More

Biden breaks major international climate promise as other countries make good on commitment to end fossil fuel finance

The Biden Administration has broken a major promise to end its international public finance for fossil fuels, a new report by Oil Change International highlights. Read More