International Sustainable Finance

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OECD Recommendations from Civil Society Organizations

This document outlines the views of civil society organizations (CSOs) on revisions to the OECD Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Di…
News Releases

EXIM approves support for oil refinery in Indonesia despite Biden climate pledges

Today the U.S. Export-Import Bank approved almost $100 million in support for the expansion of the PT Kilang Pertamina Balikpapan Petroleum Refinery in Indonesia
CSOs Call on DFC to Strengthen its Revised ESPP

The undersigned organizations welcome the opportunity to provide input on the U.S. International Development Finance Corporation’s (DFC) review of its Environmental and Social Policy and Procedures (E…
Comments on Graphite Mine in Mozambique

The U.S. International Development Finance Corporation (DFC) is considering supporting the Syrah Balama Graphite Mine in Mozambique despite local communities not being employed by the project, familie…
Protecting Biodiversity from Harmful Financing: Free Flowing Rivers

The briefing paper explains why it is important for banks and financiers to prohibit direct and indirect financing to harmful activities which negatively impact or alter free flowing rivers.
Protecting Biodiversity from Harmful Financing: Intact Primary and Vulnerable Secondary Forests

The paper, called “Protecting biodiversity from harmful financing: Intact primary and vulnerable secondary forests,” details how banks and financiers are driving forest degradation and deforesta…
News Releases

Biden breaks major international climate promise as other countries make good on commitment to end fossil fuel finance

The Biden Administration has broken a major promise to end its international public finance for fossil fuels, a new report by Oil Change International highlights.
Oil and Gas Restrictions under the OECD Arrangement on Officially Supported Export Credits

This document outlines how the OECD Arrangement on Officially Supported Export Credits can align with the Paris Agreement warming target of 1.5°C.
News Releases

Analysis Outlines How Export Credit Agencies Can Stop Bankrolling Fossil Fuels, Pursue U.S. Climate Pledges

The U.S. is failing to pursue an end for overseas oil and gas financing through the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, according…
News Releases

Friends of the Earth Denounces Biden’s Pick to Lead World Bank

Today President Biden announced that he will nominate Ajay Banga to be President of the World Bank, on the heels of current World Bank President David Malpass’s announcement of resignation one week…