Tags : fossil fuel subsidies and development

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World Bank Group Commits To Phasing Out Financing For Upstream

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 […]Read More

Carbon Emissions Climate Climate Change and Business Climate Change and Civil Society Climate Change and Politics Climate Change Mitigation COP19 Energy Policy Environmental News Fossil Fuels International Politics Solutions United Nations

Is Phasing Out Fossil Fuel Subsidies Even on the Agenda

For all their potential promise, apparent earnestness and gravity – not to mention their possible effects and potential ramifications – it’s hard at times not to be cynical about high-level political negotiations. Such might be felt of the United Nations (UN) climate treaty negotiations which got under way this week in Warsaw, Poland. People have […]Read More