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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…
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Letter to US Export-Import Bank on Papua LNG
Our 27 civil society organizations across the US and Pacific call US EXIM to reject the Category A Papua Liquefied Natural Gas Project