Following the Money

Whale funeral at the EBRD, 2004.

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.