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The Independent UK
The Independent UK
Nick Ferris

Activists sue US development bank over $4.6bn loan to massive Mozambique gas project

United States Mozambique EXIM TotalEnergies Cabo Delgado Environment Friends ofEarth the Trump Administration

Environmental groups have filed a lawsuit accusing a US development bank of providing an “unlawful” near-$5 billion loan to a fossil fuel project in southern Africa.

Friends of the Earth US, Mozambican environmental charity Justiça Ambiental, and EarthRights International are accusing the US Export-Import Bank (EXIM) - which uses US public money to support US investments abroad - of not conducting sufficient due diligence around the re-approval of the $4.6bn loan to a liquefied natural gas (LNG) project in Mozambique.

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