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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.



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Latest News See All
As world leaders discuss climate action, U.S. government finances massive LNG project that will cause climate chaos

The U.S. Export-Import Bank’s (EXIM) Board of Directors today voted to provide $5 billion in financing for a liquid natural gas (LNG) project in Mozambique, making it the largest federal subsidy for a fossil fuel project in the bank’s history.

OPIC votes to accelerate climate crisis

The board of directors of the Overseas Private Investment Corporation late yesterday approved $450 million in financing for a series of unconventional oil and gas projects in Argentina’s Vaca Muerta region.

Members of Congress, Argentinian and U.S. groups call on OPIC to reject financing for fracking in Argentina

The environmental and social impacts of these projects will hurt public health and the water, land, and air. In fact, the U.N. Committee on Economic, Social, and Cultural Rights has urged Argentina to reconsider the exploitation of Vaca Muerta because of its social and environmental impacts on current and future generations.

Latest Blog Posts See All
EXIM should not fund detrimental natural gas project in Mozambique
EXIM should not fund detrimental natural gas project in Mozambique

An obscure government agency, the U.S. Export Import Bank (EXIM), will decide this week whether or not to fund a $5 billion liquefied natural gas (LNG) investment, the agency’s largest transaction ever.

Don’t scrap environmentally responsible overseas investment with reckless Senate BUILD Act
Don’t scrap environmentally responsible overseas investment with reckless Senate BUILD Act

It fails to transfer to the new institution OPIC’s existing environmental, social, climate, transparency, worker rights, human rights, indigenous peoples, gender, anti-corruption and accountability policies — putting communities, the environment and the U.S. government at risk.

Export credit agencies must not fund Vietnam’s Long Phu 1 coal plant
Export credit agencies must not fund Vietnam’s Long Phu 1 coal plant

Through the U.S. Export-Import Bank (Ex-Im), Trump is pushing developing countries toward dependence on coal for decades to come.

Impact Stories See All
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
  • UNESCO Biosphere Letter – Mozambique LNG
    Download
  • ECA Support for Coal in the Face of OECD Financing Restrictions
    Download
  • The African Development Bank & Energy Access Finance in Sub-Saharan Africa: Trends and Insights from Recent Data
    Download