We urge the Biden Administration to act swiftly to end new financing for all parts of the fossil fuel supply chain (including for gas), stop new U.S. fossil fuel support within 90 days across all government institutions, and work with other nations to end fossil fuel financing.
The amount fossil fuel-reliant communities require to decouple from the federal leasing program pales in comparison to the bailouts the failing fossil fuel industry receives. As we build back better, we should build back with new protections for communities tied to fossil fuel extraction that foster a safer, healthier, and more economically secure future.
As community leaders, environmental and land defenders, and civil society activists from around the world, we write to you today about your continued failure to recognize and respect the rights of Indigenous Peoples, Afro-descendant peoples, women, and local communities through your investments.
We write to urge you to reject any applications to the U.S. International Development Finance Corporation (DFC) seeking financing for the East African Crude Oil Pipeline (EACOP) or associated infrastructure and services in Uganda and Tanzania.
As an organization, Friends of the Earth United States (FoE US) submits the following comments in response to United Kingdom government announcement last year to end its financing for oil and gas projects overseas.