International Sustainable Finance Archives

International Sustainable Finance

At Friends of the Earth, we work to strengthen and raise environmental and social standards at international financial institutions. Our goal is to promote the highest environmental, social, climate, and sustainability standards and practices in the international banking sector in an effort to protect the environment, communities, and climate on a local and global level.

We advocate for the U.S. to provide its fair share of funding, based on its historical role in funding the climate crisis, on an international scale. We push public finance institutions to stop putting our tax dollars into fossil fuel projects around the world and to invest in renewables. And we push banks to enact environmental and social safeguards for their investments.


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Latest News See All
Advocates Urge Federal Government to Invoke Its Power Stop Funding Overseas Climate-Changing Projects

Although the Biden Administration has committed to ending all federal funding for overseas fossil fuel projects, EXIM continues to undermine this crucial assurance by providing billions in public funds to fossil-fuel projects worldwide.

Climate Activists Mark President Ajay Banga’s Bullish First Year

Friends of the Earth U.S. and partners marked Ajay Banga’s first year as president of the World Bank Group by exposing the Wall Street ties that are stymieing climate action at the financial institution.

Hundreds Gather for World Bank/IMF Action Day to Say: For People, For Planet – Decarbonize, Decolonize!

On the 80th anniversary of the Bretton Woods Institutions, hundreds rallied and marched to demand the World Bank Group and the International Monetary Fund make deep changes to their business as usual in the name of climate, human rights, and economic and global justice.

Latest Blog Posts See All
Why is the World Bank Group financing profitable polluters like Standard Bank and Eni?
Why is the World Bank Group financing profitable polluters like Standard Bank and Eni?

The World Bank Group (WBG) plays a massive role in directing global economic development, and has the potential to support climate mitigation and adaptation by strategically using public funds. Unfortunately, it continues to invest in profitable, polluting companies under the guise of green development. Over the past year, the…

How Institutions like the World Bank Group Finance Fossil Fuels 
How Institutions like the World Bank Group Finance Fossil Fuels 

The World Bank Group's mission is to end extreme poverty and promote shared prosperity on a livable planet. 

A Risky Bet: The IMF’s Role in Mozambique’s LNG Development
A Risky Bet: The IMF’s Role in Mozambique’s LNG Development

Serious financial, social, environmental, and climate risks aside, the development of LNG in Mozambique has also been tangled up in a corruption scandal of international scale, and a devastating militarized conflict impacting over a million people.

Impact Stories See All
Cutting Fossil Fuel Financing
Cutting Fossil Fuel Financing

Fossil fuel financing from those signers is falling drastically, and most signatories have either eliminated or considerably reduced fossil fuel financing.

Dirty Coal Plant Loses U.S. Funding
Dirty Coal Plant Loses U.S. Funding

Americans have made it clear: We want a cleaner future. This means investing in sustainable and efficient renewable energy at home and abroad.

Resources See All
  • EXIM fossil fuel projects briefing
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  • Letter to EXIM on Chafee Amendment
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  • Letter to DFC on IAM draft terms of reference
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