Home Complaints database Friends of the Earth US vs. Export-Import Bank of the United States
Complaint

Friends of the Earth US vs. Export-Import Bank of the United States

US EXIM’s fossil fuel financing contrary to the Paris Agreement

Date filed
4 December 2023
Keywords
Countries of harm
Current status
Filed
Sector
NCP

Allegations

On 4 December 2023, Friends of the Earth United States filed a complaint against Export-Import Bank of the United States (US EXIM) to the US NCP. US EXIM is the US government’s export credit agency, which provides project financing (including financing of fossil fuel projects) in over 180 countries. The complainant alleges failures to align with the Paris Agreement’s goals to reduce greenhouse gas (GHG) emissions and inadequate disclosure of its direct and indirect (scope 1, 2, and particularly 3) GHG emissions.

The complainants request that US EXIM take the following action to bring its activities in line with the OECD Guidelines and Paris Agreement:

  • Report on its direct and indirect GHG emissions (scope 1, 2, and 3) of all the projects that it supports, has supported in the past, and will support in the future.
  • End all support for fossil fuel projects and bring its portfolio in line with the goals in the Paris Agreement, the climate policies and commitments of the Biden Administration, and the Clean Energy Transition Partnership (to which the US is a signatory).
  • Commit to joining other governments and export credit agencies in supporting proposals in international fora, including the OECD, to end international public finance for fossil fuels.

Previous NCP complaints have also been filed against export credit agencies: Export-Import Bank of Korea (KEXIM), UK Export Finance, and Atradius Dutch State Business.

Relevant OECD Guidelines

More details

Defendant
Company in violation
Complainants
Affected people

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