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.
The US Export-Import Bank aligned with the Trump administration’s executive order on coal in a unanimous board of directors vote this week.
The latest energy directives from the Trump administration seek to subsidize coal in an effort to bring back an obsolete, centuries-old fossil fuel.
The board of directors at the U.S. Export-Import Bank is scheduled to approve nearly $5 billion in support for Mozambique LNG, owned and operated by Total Energies. Grave concerns exist about this project including unsettling reports on severe human rights violations linked to security of the gas project.
Mining, oil and gas and industrial agribusiness driving 90 percent of forest and biodiversity destruction, and while there are tireless campaigns everywhere to reign in the destruction, if the incentives don’t change, the outcomes won’t change either.
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…
The World Bank Group's mission is to end extreme poverty and promote shared prosperity on a livable planet.
This progress shows how banks and financial institutions can — and must — be held accountable to protect biodiversity.
Fossil fuel financing from those signers is falling drastically, and most signatories have either eliminated or considerably reduced fossil fuel financing.
Americans have made it clear: We want a cleaner future. This means investing in sustainable and efficient renewable energy at home and abroad.
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DownloadLetter to DFC on Reko Diq Mine
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DownloadUKEF letter on Mozambique
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Learn MoreRed Lines for a Green Future: Exploring Exclusionary Approaches to Protecting Biodiversity and People