“RELEASE THE GUIDANCE!” - Backgrounder on U.S. International Energy Finance ahead of

This unpack trends in recent energy finance has included joining 38 other countries and institutions in signing onto the now-pending from EXIM and DFC, identify specific fossil Glasgow commitment to end new direct fuel projects and loopholes that appear public support for the international unabated to be under consideration, and make fossil fuel energy sector by the end of 2022.1 recommendations f. [...] are putting billions of people and core ecosystem functioning at risk.2 The IPCC In light of Russia’s war on Ukraine and the concluded that global financial flows are compounding debt, climate, and energy driving us towards future warming well price crises, now is a critical time for the beyond the 1.5 ºC global target, and that U. [...] z In November 2021, the Biden-Harris Administration signed a joint commitment at the UN climate talks (COP26) in Glasgow to “end new direct public support for the international unabated fossil fuel energy sector by the end of 2022” alongside 38 other countries and institutions. [...] The changes to Pengerang Energy Complex (PEC), which, the coastal landscape and the industrial as with all petrochemical projects, pollutes activities from the refinery have adversely the local communities through air emissions impacted local fishermen, whose number and water contamination and exacerbates 30 of catchments and catchment areas the climate crisis. [...] Finally, none of the hundreds of sufficiently and continuously engage with pages of documents that make up the ESIA the communities impacted by the refinery include an analysis of alternatives to this expansion.