Public Energy Financing Overseas

Public Energy Financing Overseas

The U.S. government has spent more than $44 billion on fossil fuel projects overseas over the last decade. From fracking projects in Argentina to liquified natural gas development in Mozambique, this finance has not only resulted in pollution and environmental degradation, but displacement, violent conflict and human rights abuses.

Public finance flows through different types of institutions like multilateral development banks, bilateral development banks, and export credit agencies. These are all organizations that collect, invest, and distribute our public funds (aka tax dollars).

As part of our international sustainable finance campaign, we track government-backed institutions that fund energy projects overseas. Our campaign works to end public financing of fossil fuels, to give a voice to affected communities, and to push institutions to responsibly invest public money in renewable energy.