Secretary Anthony Blinken

1 2030 if warming is to be limited to 1.5ºC, the limit necessary to avoid the worst impacts of climate change.6 In light of these risks, Friends of the Earth US (“FOE”) requests that the Secretary of State, on behalf of the Biden Administration, make a determination pursuant to the Chafee Amendment in the Charter of the U. [...] Recognizing the grave threat that climate change poses to the American people and to the planet and its ecosystem, the Biden Administration has committed to reducing greenhouse gas emissions nationally and globally since day one of its administration. [...] Specifically, the Act provides: Only in cases where the President, after consultation with the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate, determines that such action would be in the national interest where such action would clearly and importantly advance United States policy in such areas as international. [...] FOE suggests the following language for the Biden Administration’s consideration: I determine that it is in the national interest and would clearly and importantly advance United States policy in combating climate change and protecting the environment, human rights, national security, and global financial stability, for the Export-Import Bank of the United States to deny applications for financial. [...] EXIM’s objects and purposes are “to aid in financing and to facilitate exports of goods and services, imports, and the change of commodities and services between the United States” and other countries “to contribute to the employment of United States workers.”52 Providing billions of dollars of financial support to high emissions projects creates obvious and fundamental externalities directly coun.