The World Bank Group

Inter-American Development Bank

European Bank for Reconstruction and Development

Export Credit Agencies

International financial institutions (IFIs) are public banks, using taxpayer money to invest in countries outside their borders, often in the name of fostering economic development, at home or abroad. Many of these IFIs are also large backers of fossil fuel projects around the world. They include both multilateral and bilateral development banks and export credit agencies.

For project specific information and aggregate data on the fossil fuel investments of these institutions, visit our online database.

The multilateral development banks include:

• The World Bank, whose public sector lending arm website is at: http://www.worldbank.org.
• Their private sector lending arms, the International Finance Corporation and the Multilateral Investment Guarantee Agency, websites are: http://www.ifc.org and
  http://www.miga.org.
• The European Bank for Reconstruction and Development: http://www.ebrd.org
• The InterAmerican Development Bank: http://www.iadb.org
• The Africa Development Bank: http://www.afdb.org
• The European Investment Bank: http://www.eib.org
• The Asian Development Bank: http://www.adb.org

For more information on the fossil fuel investments of the World Bank Group, visit our online database.

For more information on EBRD's fossil fuel investments, visit:
http://www.seen.org/pages/ifis/ebrd/index.shtml

US bilateral agencies which act as export credit agencies are also large financiers of fossil fuels. The two U.S. export credit agencies are the Overseas Private Investment Corporation and the U.S. Export Import Bank: http://www.opic.gov and http://www.exim.gov, respectively.

To review the SEEN/Friends of the Earth report on fossil fuels, EXIM and OPIC, visit: http://www.seen.org/pages/reports/oeordonl.shtml

To read World Resources Institute's report, The Climate of Export Credit Agencies, visit: http://www.wri.org/governance/eca.html

For further information on the global campaign for reform of export credit agencies, visit: http://www.eca-watch.org/