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EXIM Funds Reko Diq Mine Amid Human Rights, Climate Concerns
The U.S. Export-Import Bank (EXIM) voted to provide $1.25 billion of taxpayer dollars for the controversial Reko Diq copper mine in Pakistan’s Balochistan province.
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NGOs Appeal Denial of Preliminary Injunction to Stop Trump Administration’s Unlawful $4.7 Billion Fossil Fuel Handout
Friends of the Earth US (FOE-US) and Justiça Ambiental (JA, or Friends of the Earth Mozambique) filed an appeal with the federal U.S. Court of Appeals for the D.C. Circuit.
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Friends of the Earth Statement on Senate Confirmation of Ben Black to Lead U.S. International Development Finance Corporation
Ben Black’s confirmation signals a dangerous shift at DFC from its focus on development toward profit-first investment.
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International alliance drives a 78% drop in international fossil fuel finance
International public finance for fossil fuels from 40 signatories of the Clean Energy Transition Partnership (CETP) has fallen by up to 78%.
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Lawsuit to stop Trump’s illegal LNG giveaway
The U.S. Export-Import Bank ignored its own charter and applicable laws to push through this risky nearly $5 billion project financing approval before Congress or the public could weigh in.
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Friends of the Earth International members sue EXIM for unlawfully approving $4.7B to support disastrous Mozambique LNG project
There are legal procedures and processes in place to ensure the U.S. Export-Import Bank does not waste taxpayer dollars on risky projects plagued by violent insurgencies.
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Export-Import Bank Seemingly Loses Logic on Coal
The US Export-Import Bank aligned with the Trump administration’s executive order on coal in a unanimous board of directors vote this week.
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Trump’s executive order on coal will make Americans sicker
The latest energy directives from the Trump administration seek to subsidize coal in an effort to bring back an obsolete, centuries-old fossil fuel.
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Export-Import Bank Set to Approve Disastrous Mozambique LNG
The board of directors at the U.S. Export-Import Bank is scheduled to approve nearly $5 billion in support for Mozambique LNG, owned and operated by Total Energies. Grave concerns exist about this pro…
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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.