We are writing to bring to your attention the attached legal opinion on Export Credit Agencies’ (ECAs’) financing for fossil fuel projects.
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 organizations representing millions of members working on the intersections of economic, social, environmental and climate justice, we are writing to urge you to reject Mathias Cormann’s bid for OECD Secretary-General.
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.
We write to urge you to reject any applications to the U.S. Export-Import Bank (EXIM) 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.