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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
New Report Reveals How Governments Could Support up to 15 New Coal Plants Despite International Restrictions

From 2013 to 2015, the world’s largest ECAs provided an annual average of USD 38 billion in support of fossil fuels. Eighty-eight percent of ECA support for energy projects went toward fossil fuels, compared to only seven percent for clean energy projects.

Japan Supports Millions of Tons of Carbon Pollution

Friends of the Earth U.S. today revealed that the Japanese government’s two export credit agencies — Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (NEXI) — continue to fund some of the world’s dirtiest coal plants.

U.S. House Passes the BUILD Act

The IDFI must steer clear of financing fossil fuels and instead support renewable energy, especially distributed systems for marginalized populations.

Latest Blog Posts See All
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.

OECD, It’s Time for Export Credit Agencies to Stop Funding Fossil Fuels
OECD, It’s Time for Export Credit Agencies to Stop Funding Fossil Fuels

As they gather in the shadow of the UN Climate Conference, ECAs must cease business as usual and finally move in a new and more sustainable direction by ending all support of fossil fuels by 2020 at the latest.

Senators, don’t put Ex-Im Bank’s fossil fuel financing back in business
Senators, don’t put Ex-Im Bank’s fossil fuel financing back in business

After providing almost $6 billion annually to fossil fuels from 2013 to 2015, the U.S. export credit agency – the U.S. Export-Import Bank (Ex-Im) – has been unable to finance large fossil fuel projects for the past two years.

Resources See All
  • ECA Support for Coal in the Face of OECD Financing Restrictions
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  • The African Development Bank & Energy Access Finance in Sub-Saharan Africa: Trends and Insights from Recent Data
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  • Letter to Ex-Im Bank
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