Development banks make landmark climate pledge, but no fossil fuel phase out

Development banks make landmark climate pledge, but no fossil fuel phase out
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13.11.2020

MOSCOW (MRC) -- The world's public development banks have pledged to align their financial firepower with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing, said Hydrocarbonprocessing.As a source of funding for many large infrastructure projects, including in the energy sector, public development institutions are key to efforts to stee

Full article at mrcplast.com

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