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
Lawsuit Seeks Public Accountability for U.S. Financing of Climate-Damaging International Projects

Environmental groups sued the United States International Development Finance Corporation (DFC) today for illegally exempting itself from the Sunshine Act, which requires multi-member federal agencies to open deliberations to the public.

Biden administration announces restrictions on overseas fossil fuel financing but remains silent on EXIM and other key agencies

Today, in the lead up to President Biden’s Climate Summit, the U.S. International Development Finance Corporation (DFC) announced it will be net zero by 2040.

NGOs call on President Biden and Prime Minister Suga to take strong leadership on ending public support for coal, oil, and gas

We, as environmental NGOs based in both the U.S. and Japan, call on President Biden and Prime Minister Suga to take strong leadership on ending public support for coal, oil and gas expansion projects which do not align with the 1.5 degrees Celsius goal.  

Latest Blog Posts See All
The hidden flows of finance to fossil fuels: World Bank and IMF edition
The hidden flows of finance to fossil fuels: World Bank and IMF edition

The U.S. government has spent more than $44 billion on fossil fuel projects overseas over the last decade.

One Disaster After Another: Will EXIM Chairman Reed Ever Learn?
One Disaster After Another: Will EXIM Chairman Reed Ever Learn?

EXIM continues to invest in projects with severe environmental impacts, human rights abuses, and detrimental effects on local communities and public health.

Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds
Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds

The headline finding is that from 2016 to 2018 G20 countries provided an average of USD $77 billion a year in public finance for fossil fuels.

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
  • World Heritage Forever? How Banks Can Protect the World’s Most Iconic Cultural and Natural Sites
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  • EXIM Corruption Letter on Kusile
    Download
  • Letter Supporting John Stanton for EXIM Chairman
    Download