The policies of international financial institutions (IFIs) such as the World Bank, the International Monetary Fund (IMF), the International Finance Corporation (IFC), and the Asian Development Bank (ADB) have a significant impact on the people and environment of developing countries. It is because Export Credit Agencies (ECAs) of each country and private banks who have adopted the equator principles refer to the policies of IFIs, which, therefore, have impact on the environmental and social policies of various financial institutions. FoE Japan monitors the policies and projects of these institutions and makes proposals with NGOs abroad.