Americas > G20, MDBs channel $47 bln per year into fossil fuels, while clean energy finance lags -report

G20, MDBs channel $47 bln per year into fossil fuels, while clean energy finance lags -report

Published 13:30 on April 9, 2024  /  Last updated at 13:30 on April 9, 2024  / /  Americas, Asia Pacific, Australia, Canada, EMEA, International, Japan, South Korea, US

G20 countries and multilateral development banks provided at least $47 billion per year to fossil fuel projects between 2020 and 2022, with much less funding flowing to clean energy projects, according to research released on Tuesday.
G20 countries and multilateral development banks provided at least $47 billion per year to fossil fuel projects between 2020 and 2022, with much less funding flowing to clean energy projects, according to research released on Tuesday.


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