Potential Export-Import Bank deals pose grave environmental threat, experts say

Congress declines to revive agency's authority to pursue $20bn in delayed deals, putting fate of several ecosystems around the world in the hands of Trump

Congress quashed the hopes late Tuesday of reviving the United States' export credit agency, which had been aiming for a stopgap lifeline allowing them to approve more than $20bn in new deals, many of which pose imminent harms to the environment.

Now, the fate of a pristine coral reef, an east African mangrove forest, and the livelihoods of farmers and fishermen in a south-east Asian river delta lie in the hands of a new Congress and president.