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COP 28 public finance letter
We are writing as 222 civil society organisations and dozens of experts from 50 countries committed to continue building an intersectional movement for public finance for a just energy transition.
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Friends of the Earth launches legal complaint as U.S. EXIM approaches $1 billion mark for fossil fuel lending
Today, Friends of the Earth U.S. submitted an international complaint against the U.S. Export-Import Bank over its financing of overseas fossil fuel projects.
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EXIM OECD Complaint
The Export-Import Bank of the United States (hereafter referred to as US EXIM or EXIM), the US Government’s export credit agency, is falling far short of this commitment.
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Report: At World Bank Group, U.S. Supports Fossil Gas Financing
Two years after the U.S. Treasury issued guidance to shift financial support from multilateral banks away from fossil fuel buildout overseas, a new report the U.S. has voted to support nearly 400 mill…
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Misguided: US Supports Financing of Fossil Gas at World Bank Group
Despite the directive to shift financing away from fossil fuels, guidance makes a number of exceptions for ongoing fossil fuel investment.
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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.
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Comments on DFC’s Draft Transparency Policy
FOE US highly supports the publication of this a policy but the current draft is sparse on details and specific requirements.
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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.
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NGOs Warn Financiers of Risks Ahead of Meatpacker JBS’ NYSE Listing: “Wall Street: Steer Clear of JBS”
Several NGOs held a press conference in front of the New York Stock Exchange today warning the financial sector about the environmental and human rights risks associated with supporting and investing…