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.

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Latest News See All
U.S. allows financing for new oil project at IDB Group Board, contradicting climate policies

The U.S. government’s ineffective guidance on fossil fuel financing at MDBs reflects its unwillingness to rigorously act on climate

Biden Admin rolls out weak government-wide standard on overseas fossil fuel finance

Today, President Biden put forward a government-wide performance standard to apply to U.S. financing of overseas energy projects.

United States joins 20+ countries in committing to end international finance for oil, gas, and coal by end of 2022

Today the United States and 24 other countries and institutions from both developed and developing countries committed to end direct international public finance for unabated coal, oil and gas by the end of 2022 and prioritize clean energy finance.

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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.

Resources See All
  • Letter to EXIM on refinery expansion in Indonesia
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  • Submission on the 2021 Development Policy Financing (DPF) Retrospective
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  • Analysis: U.S. Restrictions on Public Finance for Overseas Energy Projects
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