For Immediate Release
Biden Must Make Climate Central To His Export and Development Agency Picks
WASHINGTON - 52 non-governmental organizations sent a letter establishing criteria for the Biden Administration to select candidates at export and development finance agencies. The signatories to the letter include Friends of the Earth U.S., Greenpeace USA, Rainforest Action Network, and the Center for Biological Diversity.
The U.S. can and must provide international leadership through its overseas financing agencies, including the U.S. Export-Import Bank (EXIM), U.S. International Development Finance Corporation (DFC), Millennium Challenge Corporation (MCC), and U.S. Trade and Development Agency (USTDA). The letter demands that the U.S. emulate the United Kingdom’s recent announcement that it will end its support for overseas fossil fuel projects.
“It is time for the United States to stop fueling the climate crisis by pouring billions into dirty, dangerous projects around the world,” said Kate DeAngelis, international finance program manager at Friends of the Earth U.S. “President-elect Biden should only consider candidates who have committed to ending support for overseas fossil fuel financing to lead these finance agencies. Without strong climate leadership both at home and abroad, a just and equitable future will not be possible.”
The letter outlines what should be disqualifying factors for candidates, including connections to Wall Street, a record of government support for fossil fuel projects, and policy positions at odds with the public good.
SCROLL TO CONTINUE WITH CONTENT
Never Miss a Beat.
Get our best delivered to your inbox.
The letter urges President-elect Biden to “set a new course in foreign policy, including one that creates environmentally and economically sustainable jobs at home and abroad, and protects the climate, local environments and communities globally.”
View full the letter here:
This is the world we live in. This is the world we cover.
Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.
Please select a donation method:
Friends of the Earth is the U.S. voice of the world's largest grassroots environmental network, with member groups in 77 countries. Since 1969, Friends of the Earth has fought to create a more healthy, just world.