International Sustainable Finance
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Biden Sides with Big Oil Barons and Wall Street in EU Gas Deal
President Biden’s decision to supply the EU with LNG exports won’t alleviate the crisis in Ukraine and will spell danger for the climate.
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Amid Fossil Fuel Industry’s False Rhetoric, Sarah Bloom Raskin Withdraws Nomination to Federal Reserve
By knifing her confirmation, Senate Republicans and Joe Manchin have shown once again that they care more about their fossil fuel benefactors than the climate.
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Letter to EXIM on Domestic Financing
If EXIM provided domestic support for the fossil fuel industry as it did for Freeport LNG, such financing would undercut the Biden-Harris Administration’s climate commitments.
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Letter to EXIM on Refinery Expansion in Indonesia
As the main purpose of the refinery is to produce gasoline and diesel, EXIM support for this project would be in violation of President Biden’s climate executive orders and plans.
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Letter to EXIM on Malaysia Petrochemical Project
Friends of the Earth United States (FOE) writes to express deep concern for EXIM’s consideration of Pengerang Energy Complex (PEC) Petrochemical Project in Penerang, Johor, Malaysia.
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U.S. allows financing for new oil project at IDB Group Board, contradicting climate policies
The U.S. government’s ineffective guidance on fossil fuel financing at MDBs reflects its unwillingness to rigorously act on climate
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Submission on the 2021 Development Policy Financing (DPF) Retrospective
DPFs make up a significant portion of World Bank financing, representing 26 percent of overall Bank financing in the latest Retrospective period covering July 2015 to June 2021.
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Analysis: U.S. Restrictions on Public Finance for Overseas Energy Projects
Building on the commitment that the United States made in Glasgow to “end new direct public support for the international unabated fossil fuel energy sector by the end of 2022,” President Biden pu…
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Biden Admin rolls out weak government-wide standard on overseas fossil fuel finance
Today, President Biden put forward a government-wide performance standard to apply to U.S. financing of overseas energy projects.
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Public Energy Finance Briefing (in Japanese)
Public Energy Finance Briefing (in Japanese)