In Victory for Climate, Ex-Im Bank Will Not Finance Long Phu Coal Plant
WASHINGTON, D.C. – The U.S. Export-Import Bank (Ex-Im Bank), the U.S. export credit agency, last Thursday posted on its website that the application to finance the Long Phu 1 coal plant in Vietnam had been withdrawn. A series of reports by Friends of the Earth showed that the proposed Long Phu 1 coal plant’s climate impact …