The undersigned leaders of environmental organizations write in support of President Biden nominating John Stanton as Chairman of the Export-Import Bank (EXIM)
FoE US submits this written evidence to answer “the extent to which the Government has made progress on implementing the Committee’s recommendations, particularly those on ... the use of ODA to support fossil fuels.”
We are writing to bring to your attention the attached legal opinion on Export Credit Agencies’ (ECAs’) financing for fossil fuel projects.
Shareholders should vote in favor of Proposal 5 calling on Bunge to issue a report assessing if and how it could increase the scale, pace, and rigor of its efforts to eliminate native vegetation conversion in its soy supply chain.
We are gravely disappointed to hear you back-track as you did last week in your conversation with IMF Managing Director Kristalina Georgieva when you said that “gas will be a bridge fuel.”
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.
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.