Advancing and Protecting Sustainability Standards in Development Finance

About this grant

Friends of the Earth is the United States affiliate of an international network of environmental organizations based in 70 countries. Through this project, it works to advance environmental and social safeguards of key international development finance institutions and ensure that financing for low-carbon development in emerging countries (known as climate finance) is democratically governed and adheres to high environmental and social standards. The grantee’s policy work over the last grant period contributed to significant improvement of Chinese lending policies to developing countries. Over this next grant period, the grantee will provide assistance to Chinese organizations to improve their lending guidelines, and monitor the first year of operation of the international climate finance mechanism, Green Climate Fund.