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  / Sara Stefanini /  Americas, Asia Pacific, Australia, Canada, EMEA, International, Japan, South Korea, Uncategorized, 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.

Read More