Most of the world’s easily accessible oil, gas, trees and other natural resources have already been exploited, leading multinational corporations to undertake much more environmentally and financially-risky extractive projects overseas. Taxpayer-supported finance institutions like the Export-Import Bank provide financing and insurance for such projects, often in places where environmental and social standards take a back seat to corruption and cronyism.
Pacific Environment’s Responsible Finance Campaign holds these public banks accountable to taxpayers, project-impacted communities and the environment. Working with local organizations, we can block the worst extractive projects; improve the environmental and social conditions of many others; and ensure that local people have a greater say in decisions that affect their lives.
Learn More: To read a detailed description of the Responsible Finance Program, click here.
Featured Link: Pacific Environment is a proud member of ECA-Watch, the global campaign to reform Export Credit Agencies (ECAs). Click here to visit the ECA-Watch website.
