More than 20 countries have pledged to stop funding foreign fossil fuel projects, though the impact of the deal is undermined by the absence of key countries.
The pact, whose signatories include Canada and the U.S., isn’t binding but aims to stop foreign fossil-fuel funding by the end of 2022. U.K. energy minister Greg Hands said it has the potential to shift more than $15 billion annually of public finance.
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November 03, 2021 at 11:21PM
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COP Produces Pact to End Fossil-Fuel Funding; China Stays Out - Bloomberg
"fuel" - Google News
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