April, 22 2021, 12:00am EDT

For Immediate Release
Thursday April, 22 2021, 12:00am EDT
Contact:
Kate DeAngelis, Friends of the Earth U.S., kdeangelis@foe.org
Biden Administration Announces Restrictions on Overseas Fossil Fuel Financing but Remains Silent on EXIM and Other Key Agencies
Today, in the lead up to President Biden's Climate Summit, the U.S. International Development Finance Corporation (DFC) announced it will be net zero by 2040.
Kate DeAngelis, International Finance Program Manager at Friends of the Earth U.S., issued the following statement in response:
WASHINGTON
WASHINGTON - Today, in the lead up to President Biden's Climate Summit, the U.S. International Development Finance Corporation (DFC) announced it will be net zero by 2040.
Kate DeAngelis, International Finance Program Manager at Friends of the Earth U.S., issued the following statement in response:
DFC's broad-based restrictions on fossil fuel financing are a first for any U.S. institution, but still insufficient to address the true nature of the climate crisis. DFC should have taken the opportunity of the climate summit to once and for all end support for all fossil fuels immediately. In putting forward a net zero target, DFC is ignoring the lifetime and lifecycle emissions of its portfolio while putting off real climate action with dangerous and ineffective offsets.
Even more alarming is Biden's silence on the Export-Import Bank, which provides billions of dollars every year to disastrous projects like Mozambique LNG and the Vaca Muerta fracking projects in Argentina. While the United Kingdom has shown true climate leadership by ending support for overseas fossil fuel projects, Biden has failed to take a whole-of-government approach to stop enabling overseas carbon emissions.
A full analysis of the announcement is below.
This announcement follows President Biden's Executive Order on Tackling the Climate Crisis at Home and Abroad, calling on DFC and EXIM "to identify steps . . . [to] promote ending international financing of carbon-intensive fossil fuel-based energy while simultaneously advancing sustainable development and a green recovery." In response, nearly 450 organizations called on the Biden Administration to immediately end all US public financing for fossil fuels, including natural gas.
In the past five years, DFC and its predecessor, Overseas Private Investment Corporation, approved almost $4 billion for overseas fossil fuel projects. In addition, EXIM has approved over $5 billion for fossil fuel projects abroad in just the last two years. Other agencies, including the U.S. Trade and Development Agency (USTDA) and Millennium Challenge Corporation (MCC), have provided technical assistance and policy guidance in support of overseas fossil fuel projects.
Friends of the Earth's rapid response analysis of Biden's announcement:
- DFC's restrictions are not a blanket ban on fossil fuel financing unlike the approach of other development finance institutions like Swedfund. The announcement indicates the continued allowance of support for midstream and downstream gas projects that could result in only minor changes to DFC's energy portfolio and financed emissions inventory. Moreover, it could allow for more support for disastrous projects like Rovuma LNG in northern Mozambique and Vaca Muerta fracking projects in Argentina. Considering that gas can be as bad for the climate as coal, DFC will have limited effect until it bans all support for fossil fuels from all sources, including financial intermediaries. Moreover, DFC's inaccurate greenhouse accounting fails to assess the lifetime and lifecycle emissions of its projects, meaning that any targets will underestimate and, therefore, fail to properly mitigate DFC's real climate impact.
- DFC's net zero target will require carbon offsets, which have proven to be ineffective at reducing emissions at any significant scale and perpetuate environmental racism and compromise human rights, and undermine healthy, sustainable, and resilient communities and food systems. Reaching "net zero" will lead to massive demand for lands that can soak up ongoing emissions, which will result in landgrabs and the dispossession of Indigenous Peoples, peasants and local communities. Moreover, net zero by 2040 implicitly means that Biden is pushing the problem on to the next generation. In contrast, a "real zero" approach requires emission reductions at sufficient scale and speed to keep warming below 1.5degC. It requires all entities to bend their emissions curve towards zero immediately. DFC's "net zero" target needs to be turned into a "real zero" target.
- Conspicuously missing is any commitment to curb fossil fuel financing by the U.S. Export-Import Bank (EXIM), which is the U.S. export credit agency and the largest source of U.S. Government financing for fossil fuel projects abroad. EXIM's existing portfolio of supported projects emits tens of millions of tons of CO2 annually. EXIM fossil fuel financing includes nearly $5 billion for the Mozambique LNG project and nearly $1 billion for the Sasan coal plant and mine in India, which has caused at least 36 project deaths. A failure to address EXIM's financing will allow for billions of dollars to continue to flow from the U.S. government to fossil fuel projects all over the world and potentially also domestically. This failure stands in stark contrast to the United Kingdom's ending of its support for overseas fossil fuel projects as of March 31, 2021.
- Also conspicuously missing is any commitment to curb U.S. public money that goes towards fossil fuels overseas through international financial institutions like the World Bank Group and the International Monetary Fund, even though they are addressed by the same Biden Administration Executive Order. These institutions finance billions in fossil fuel projects a year, and importantly, also influence policy changes in client countries that enable fossil fuel expansion and dependency. As a major--and in some cases the largest--shareholder in these institutions, the U.S. government, through the Department of Treasury, must issue an ambitious and accountable strategy on how the U.S. government's "voice and vote" will be used on the Boards of Directors of these institutions towards phasing out support for coal, oil and gas and scaling up international support for a just transition and clean development pathway for workers and communities. This strategy must be released as soon as possible, in order to establish the U.S. position ahead of important relevant processes coming up like the release of the World Bank's Climate Change Action Plan.
Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.
(202) 783-7400LATEST NEWS
Israeli Government Social Media Urges Europe to 'Remove' Muslims
"What would the reaction would be if an Arab state wrote this about synagogues and Jews?" asked one critic.
Aug 27, 2025
Israel faced backlash this week after its Arabic-language account on the social media site X published a message warning Europeans to take action against the proliferation of mosques and "remove" Muslims from their countries.
"In the year 1980, there were only fewer than a hundred mosques in Europe. As for today, there are more than 20,000 mosques. This is the true face of colonization," posted Israel, a settler-colonial state whose nearly 2 million Muslim citizens face widespread discrimination, and where Palestinians in the illegally occupied territories live under an apartheid regime.
"This is what is happening while Europe is oblivious and does not care about the danger," the post continues. "And the danger does not lie in the existence of mosques in and of themselves, for freedom of worship is one of the basic human rights, and every person has the right to believe and worship his Lord."
"The problem lies in the contents that are taught in some of these mosques, and they are not limited to piety and good deeds, but rather focus on encouraging escalating violence in the streets of Europe, and spreading hatred for the other and even for those who host them in their countries, and inciting against them instead of teaching love, harmony, and peace," Israel added. "Europe must wake up and remove this fifth column."
Referring to the far-right Alternative for Germany party, Berlin-based journalist James Jackson replied on X that "even the AfD don't tweet, 'Europe must wake up and remove this fifth column' over a map of mosques."
Other social media users called Israel's post "racist" and "Islamophobic," while some highlighted the stark contrast between the way Palestinians and Israelis treat Christian people and institutions.
Others noted that some of the map's fearmongering figures misleadingly showing a large number of mosques indicate countries whose populations are predominantly or significantly Muslim.
"Russia has 8,000 mosques? Who would've known a country with millions of Muslim Central Asians and Caucasians would need so many!" said one X user.
Israel's post came amid growing international outrage over its 691-day assault and siege on Gaza, which has left more than 230,000 Palestinians dead, maimed, or missing and hundreds of thousands more starving and facing ethnic cleansing as Operation Gideon's Chariots 2—a campaign to conquer, occupy, and "cleanse" the strip—ramps up amid a growing engineered famine that has already killed hundreds of people.
Israel is facing an ongoing genocide case at the International Court of Justice, while Israeli Prime Minister Benjamin Netanyahu and Yoav Gallant, his former defense minister, are fugitives form the International Criminal Court, where they are wanted for alleged war crimes and crimes against humanity including murder and forced starvation.
European nations including Belgium, Ireland, and Spain are supporting the South Africa-led ICJ genocide case against Israel. Since October 2023, European countries including Belgium, France, Malta, Portugal, Slovenia, the United Kingdom, Ireland, Norway, and Spain have either formally recognized Palestinian statehood or announced their intention to do so.
'Evil': Critics Recoil as Trump DHS Moves to Bar Disaster Aid for Undocumented Immigrants
"This is unfathomable discrimination against immigrants that will cost our country lives," said Rep. Pramila Jayapal.
Aug 27, 2025
The Trump administration is reportedly putting new restrictions on nonprofit organizations that would bar them from helping undocumented immigrants affected by natural disasters.
The Washington Post reported on Wednesday that the Department of Homeland Security (DHS) is "now barring states and volunteer groups that receive government funds from helping undocumented immigrants" while also requiring these groups "to cooperate with immigration officials and enforcement operations."
Documents obtained by the paper reveal that all volunteer groups that receive government money to help in the wake of disasters must not "operate any program that benefits illegal immigrants or incentivizes illegal immigration." What's more, the groups are prohibited from "harboring, concealing, or shielding from detection illegal aliens" and must "provide access to detainees, such as when an immigration officer seeks to interview a person who might be a removable alien."
The order pertains to faith-based aid groups such as the Salvation Army and Red Cross that are normally on the front lines building shelters and providing assistance during disasters.
Scott Robinson, an emergency management expert who teaches at Arizona State University, told The Washington Post that there is no historical precedent for requiring disaster victims to prove proof of their legal status before receiving assistance.
"The notion that the federal government would use these operations for surveillance is entirely new territory," he said.
Many critics were quick to attack the administration for threatening to punish nonprofit groups that help undocumented immigrants during natural disasters.
Rep. Pramila Jayapal (D-Wash.) lashed out at the decision to bar certain people from receiving assistance during humanitarian emergencies.
"When disaster hits, we cannot only help those with certain legal status," she wrote in a social media post. "We have an obligation to help every single person in need. This is unfathomable discrimination against immigrants that will cost our country lives."
Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, said that restrictions on faith-based groups such as the Salvation Army amounted to a violation of their First Amendment rights.
"Arguably the most anti-religious administration in history," he wrote. "Just nakedly hostile to those who wish to practice their faith."
Bloomberg columnist Erika Smith labeled the new DHS policy "truly cruel and crazy—even for this administration."
Author Charles Fishman also labeled the new policy "crazy" and said it looks like the Trump administration is "trying to crush even charity."
Catherine Rampell, a former columnist at The Washington Post, simply described the new DHS policy as "evil."
Minneapolis Mass Shooting Exposes Trump-GOP Lies on Crime and Gun Violence, Critics Say
"Trump will send the military into DC to pick up litter and arrest homeless people, but won't do a damn thing to end the gun violence epidemic killing our kids," said one healthcare advocate.
Aug 27, 2025
Another horrific mass shooting that left multiple children dead and injured has once again ignited a wave of fury at Republican lawmakers who refuse to take action to stop gun violence.
Two children—ages 8 and 10—were killed when a shooter fired through the windows of a church at the Annunciation Catholic School in Minneapolis on Wednesday morning. Another 17 people, including 14 more children, were also injured in the attack before the shooter died of a self-inflicted gunshot wound.
Minneapolis police say the shooter carried out the attack, which is now being investigated as an act of domestic terrorism, using three weapons: a rifle, a shotgun, and a pistol.
According to the Gun Violence Archive, not even eight months into 2025, there have already been 286 mass shootings—defined as cases in which four or more people are shot or killed—in the United States just this year, averaging more than one per day.
Gun violence is the number-one killer of children in the US, causing more deaths each year than car accidents, poisonings, and cancer. The victims of the shooting in Minneapolis join the more than 800 children killed and more than 2,200 injured by firearms this year.
Like dozens of mass shootings before it, Wednesday's deadly attack has stoked calls in Minnesota and around the country from Democratic lawmakers and gun control advocates for stricter gun laws, which have been repeatedly shot down by Republicans in Congress.
"We need better laws on the books nationally," said Minnesota's Democratic senator, Amy Klobuchar. "When you have so much access to guns right now and so many guns out there on the streets, you're going to continue to see these kinds of mass shootings."
"Don't just say this is about thoughts and prayers right now," said Minneapolis Mayor Jacob Frey. "These kids were literally praying. It was the first week of school. They were in a church."
"They should be able to go to school or church in peace without the fear or risk of violence, and their parents should have the same kind of assurance," Frey said. "These are the sort of basic assurances that every family should have every step of the day, regardless of where they are in our country."
Congress has not passed a significant piece of gun legislation since 2022, when it passed the Bipartisan Safer Communities Act in the wake of the horrific school shooting in Uvalde, Texas.
That law, which was supported by just 15 Republicans, introduced some modest reforms—including extended background checks for firearm purchasers under 21, funding for state red flag laws, and the closure of gun purchasing loopholes.
However, then-Senate Majority Leader Mitch McConnell (R-Ky.) only agreed to negotiate the bill if Democrats abandoned more ambitious reforms, such as bans on high-capacity magazines and universal background checks.
Since its passage, even this watered-down piece of legislation has been fought aggressively by Republican lawmakers backed by the gun industry's lobbying arm, the National Rifle Association, who have attempted to have it repealed.
Earlier this year, President Donald Trump ordered Attorney General Pam Bondi to present an action plan to reverse any law that the Department of Justice determines has "impinged on the Second Amendment rights of our citizens."
Through executive orders, Trump has rolled back efforts under the Biden administration to regulate ghost guns and enhance background checks.
The administration has also choked off more than $800 million in grants to local gun violence prevention groups and pushed for "concealed carry reciprocity" legislation, which would require all states to honor concealed carry permits issued by other states.
Instead of stricter gun control measures, Trump has personally advocated for schools to arm teachers and focus on improving mental healthcare—even as he's rolled back rules ensuring Americans have access to that care.
"Until we have more elected officials willing to place gun safety over allegiance to the gun lobby, more and more families will face unbearable suffering from random acts of violence," said Rep. Lloyd Doggett (D-Texas) on Wednesday. "Congress could—and should—pass stricter gun safety laws, but continues to cave to the gun lobby."
Rep. Pramila Jayapal (D-Wash.) added: "The United States continues to be the only country where school shootings are a regular occurrence. We must stop this epidemic of gun violence and finally put the lives of our kids first."
Other advocates noted the contrast between Trump's response to the imaginary "crime wave" in Washington, DC, where he has initiated a militarized takeover, and his lack of interest in fighting America's endless wave of gun violence.
"Guns are the leading cause of death for kids in the US," said Melanie D'Arrigo, the executive director of the Campaign for New York Health. "Trump will send the military into DC to pick up litter and arrest homeless people, but won't do a damn thing to end the gun violence epidemic killing our kids."
Charles Idelson, a former communications director for National Nurses United, said: "If Trump wants to pretend he is 'fighting crimes,' stop protecting the pro-gun violence cabal."
Update: This report, which originally referred to the shooter as a "gunman" has been corrected to accurately reflect new information about the gender identity of the shooter, who has been identified as Robin Westman, a transgender woman.
Most Popular