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.
Friends of the Earth filed a Freedom of Information request targeting the entanglements of Amos Hochstein, Senior Advisor for Energy Security.
A new report shows that the International Monetary Fund continues to undermine its own climate commitments through support for fossil fuels.
President Biden's decision to supply the EU with LNG exports won't alleviate the crisis in Ukraine and will spell danger for the climate.
The U.S. government has spent more than $44 billion on fossil fuel projects overseas over the last decade.
EXIM continues to invest in projects with severe environmental impacts, human rights abuses, and detrimental effects on local communities and public health.
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.