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Advancing and Protecting Sustainability Standards in Development Finance

Friends of the Earth

  • Program Environment
  • Program Area Transforming Development Finance
  • Grant Amount $300,000
  • Grant Period April 1, 2023–March 31, 2025
  • Location Washington, DC, United States
  • Geographic Focus World

About this grant

Friends of the Earth — part of the largest network of affiliated environmental advocacy organizations in the world — will build on its longstanding successful efforts to reform critical international financial institutions, particularly in the energy, extractive and natural resources sectors. With renewed support, the grantee seeks to expand its work on encouraging Chinese financial institutions to implement environmental and social standards and take concrete steps to limit or reduce environmental harm in development finance. The grantee’s Banks and Biodiversity initiative encourages Chinese and other trend-setting banks to adopt “No Go” (off-limits) policies for financing in or near vulnerable geographic areas. Friends of the Earth blends advocacy, research and deepened engagement at the institutional and project levels.