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EXIM Approves $2.9 Billion in Financing for Idaho Gold Mine
Conservation groups say EXIM financing for the Stibnite Gold Project could harm endangered salmon, expose taxpayers to billions in risk, and violate federal environmental law
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Major Banks Backing Risky US Petrochemical Expansion Despite Mounting Legal and Financial Warnings
Major US and global banks have provided US $133 billion in financing to companies expanding petrochemical production in the United States since 2019.
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NGOs Appeal to Stop U.S. Export-Import Bank’s Disbursement of Funds for Mozambique LNG Project
At a time when the Trump Administration is cutting funds for health care and foreign aid, taxpayers shouldn’t be forced to subsidize foreign fossil fuel companies
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Switzerland Breaks Climate Agreement by Financing New Gas-Fired Power Plants
Today, 17 international non-governmental organizations sent a letter to the Swiss export credit agency SERV.
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Statement on Trump’s Withdrawal from International Climate Agreements
As they take a machete to international laws and norms, Trump’s withdrawal from dozens of conventions, treaties, and organizations should surprise no one.
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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%.