Asia Pacific > Cross-border loans a key driver of coal investment in Global South, with risk of same trend emerging for gas -report

Cross-border loans a key driver of coal investment in Global South, with risk of same trend emerging for gas -report

Published 18:47 on August 2, 2023  /  Last updated at 19:57 on August 2, 2023  / Rebecca Gualandi /  Asia Pacific, China, International, Japan, South Korea

Cross-border loans from public banks could become a key driver of investment in gas-fired power plants in the Global South, researchers said in a report published on Wednesday that flagged signs of interest in fossil fuel financing caused by Russia's war of aggression against Ukraine. 
Cross-border loans from public banks could become a key driver of investment in gas-fired power plants in the Global South, researchers said in a report published on Wednesday that flagged signs of interest in fossil fuel financing caused by Russia's war of aggression against Ukraine. 


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