Public Energy Financing Overseas Archives

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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Export-Import Bank Votes to Proceed with Bahrain Project Financing in Closed-Door Process

Today the board of directors at the United States Export-Import Bank voted to notify Congress about potential financing for fossil fuel expansion in Bahrain.

Amid Corruption Charges, Groups Demand EXIM Halt Payments to Trafigura

This week, Friends of the Earth United States and partners sent an open letter to EXIM, asking the bank to halt its loan of $400 million to Trafigura, a loan agreement that was approved in July 2023.

Export-Import Bank Squeezes in Disastrous Freeport LNG Vote Before Close of 2023

This week, the U.S. Export-Import Bank approved $90 million for marketing a Freeport liquified natural gas project in Texas.

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A Risky Bet: The IMF’s Role in Mozambique’s LNG Development

Serious financial, social, environmental, and climate risks aside, the development of LNG in Mozambique has also been tangled up in a corruption scandal of international scale, and a devastating militarized conflict impacting over a million people.

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.

Resources See All
  • Recommendations for DFC’s Suspension and Debarment Rule
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  • FOE Japan letter to House Financial Services Committee
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  • EXIM Trafigura Letter
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