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Biden announces restrictions on overseas fossil fuel financing - Friends of the Earth


WASHINGTON, D.C.- 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. ....

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NGOs call on President Biden and Prime Minister Suga to take strong leadership on ending public support for coal, oil, and gas


NGOs call on President Biden and Prime Minister Suga to take strong leadership on ending public support for coal, oil, and gas
NGOs call on President Biden and Prime Minister Suga to take strong leadership on ending public support for coal, oil, and gas
April 16, 2021
The two world leaders meet for the first time today at the U.S.-Japan Summit 
350.org,
Friends of the Earth United States,
Japan Center for a Sustainable Environment and Society (JACSES),
Kiko Network,
Oil Change International
The Japanese government announced that the first in-person U.S.-Japan summit between U.S. President Joe Biden and Japanese Prime Minister Yoshihide Suga will be held on April 16 in Washington D.C. (※1). We, as environmental NGOs based in both the U.S. and Japan, call on President Biden and Prime Minister Suga to take strong leadership on ending public support for coal, oil and gas expans ....

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