World Bank Group Commits To Phasing Out Financing For Upstream Oil and Gas
Shift the subsidies Public financing helps fossil fuel projects continue. Take the World Bank Group which provided an average of more than $1 billion a year in upstream oil and gas financing from 2014 to 2016, according to Oil Change International. The good news is that after 2019, financing for those projects will no longer come from the WBG, except…
The Paris Agreement and the Trump Effect
Easier said than done Last week, Taryn Fransen and Kelly Levin of the World Resources Institute published an informative analysis on the “Trump Effect” on the Paris Agreement, signed in Paris at COP21 in December 2015. It was historic in many respects, not least of which was that it was the first time the whole world agreed on anything so…
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