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Letter to President-elect Biden on Criteria for Leadership at EXIM, DFC, MCC and USTDA
52 organizations, including Friends of the Earth, sent a letter to President-elect Biden on criteria for leaders at development and export finance agencies.
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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.
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Letter Opposing Fred Hochberg for Biden Administration
As President and Chairman of EXIM between 2009 and 2016, Fred Hochberg presided over the largest expansion of fossil fuel subsidies in the agency’s 86 year history, almost three times more support t…
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No confidence: Hochberg’s fossil fuel record makes him unfit to be a top aide for Biden
44 environmental groups sent a letter today decrying Fred Hochberg’s potential leadership as a top aide in the Biden Administration.
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DFC OIG on Rovuma LNG Project
Letter to the Office of Inspector General (OIG) of the US International Development Finance Corporation (DFC) regarding growing violence in northern Mozambique related to the gas development.
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Comments to Export-Import Bank on Pemex Facilities
Friends of the Earth writes in strong opposition to the proposed $400 million in support for Pemex, the Mexican state-owned oil company.
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Senate Climate Report full of backwards, false solutions
Instead of embracing bold climate solutions endorsed by the climate movement it relies on backward-looking propositions that prop up the dying fossil fuel industry
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Report shows DFC’s energy portfolio still investing billions in fossil fuels
Climate change’s disproportionate impact on less developed countries will only worsen if finance institutions continue to pour billions of dollars into dirty fossil fuel projects.
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A Surge in Support: A Review of 15 Years of OPIC’s Energy Financing
This issue brief is the second in a series analyzing OPIC’s policies and performance and providing recommendations for the DFC in its formative months and years.
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Report: ECAs must embed climate in their COVID-19 responses
ECAs (institutions that finance the international operations of corporations from their home country) are the largest public financiers of fossil fuel projects, spending 14 times as much on fossil fue…