(Huffington Post) The U.S. Export-Import Bank has joined the growing list of international financial institutions that will no longer finance coal projects abroad.

Ex-Im is the official export credit agency for the U.S., focused on providing financial support to projects that spur the export of U.S. products and services. On Thursday, the bank announced that it has revised its environmental guidelines to no longer support “high carbon intensity plants,” except in countries with no other financially feasible options, or when a plant has carbon capture technology in place.

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