US International Development Finance Corporation

Release the Guidance: Backgrounder on U.S. International Energy Finance ahead of COP27 Deadline to Stop Funding Fossils

From 2010 to 2021, the United States’ major trade and development finance institutions, the U.S. Export Import Bank (EXIM) and U.S. International Development Finance Corporation (DFC), provided almost five
times as much support to fossil fuels as to renewables – USD 51.6 billion compared to USD 10.9 billion.