Public Energy Financing Overseas

As part of our international sustainable finance campaign, we track government-backed institutions that fund energy projects overseas. We work to end public financing of fossil fuels and to give a voice to affected communities.

Latest News See All
Biden must make climate central to his export and development agency picks

52 non-governmental organizations sent a letter establishing criteria for the Biden Administration to select candidates at export and development finance agencies.

Report: ECAs must embed climate in their COVID-19 responses

ECAs (institutions that finance the international operations of corporations from their home country) are the largest public financiers of fossil fuel projects, spending 14 times as much on fossil fuels as clean energy.

Report: G20 Governments Bankrolling the Fossil Fuel Industry by at least $77 Billion a Year

A new report released by Friends of the Earth U.S. and Oil Change International reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since the Paris Climate Agreement.

Latest Blog Posts See All
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.

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.

Resources See All
  • Letter to President-elect Biden on criteria for leadership at EXIM, DFC, MCC and USTDA
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  • DFC OIG on Rovuma LNG Project
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  • Comments to Export-Import Bank on Pemex Facilities
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