Asia Pacific > European Bank for Research and Development falls short of ending fossil fuel investment

European Bank for Research and Development falls short of ending fossil fuel investment

Published 18:24 on December 15, 2023  /  Last updated at 18:24 on December 15, 2023  / Paddy Gourlay /  Asia Pacific, Climate Talks, EMEA, International

The European Bank for Research and Development (EBRD) has introduced new criteria intended to restrict financial support to midstream and downstream fossil gas projects that are deemed ‘exceptional’ cases, but has stopped short of ending funding in the sector.
The European Bank for Research and Development (EBRD) has introduced new criteria intended to restrict financial support to midstream and downstream fossil gas projects that are deemed ‘exceptional’ cases, but has stopped short of ending funding in the sector.


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