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White House at odds with Export-Import Bank's fossil fuel financing

White House at odds with Export-Import Bank's fossil fuel financing

Despite climate concerns, the U.S. Export-Import Bank persists in funding overseas fossil fuel projects, raising questions about alignment with federal climate goals.

Sara Schonhardt reports for POLITICO.

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US backs Indonesian oil refinery despite pledge to end fossil fuel finance

The US has been accused of "breaking" a key climate financing commitment by approving almost $100m in support for an overseas fossil fuel project.

Vietnam pulls request for US help to build a coal-fired power plant
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Vietnam pulls request for US help to build a coal-fired power plant

The withdrawal sidesteps questions about whether Washington will offer financial support for international projects that could contribute to climate change.
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