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UK announces end to overseas fossil fuel finance, now other governments must follow suit


Oil Change International
FOR IMMEDIATE RELEASE
UK announces end to overseas fossil fuel finance, now other governments must follow suit
The United Kingdom’s prime minister, Boris Johnson, will commit to end the UK’s overseas fossil fuel financing “as soon as possible” at the Climate Ambition Summit. The phase-out of oil, gas, and coal financing applies to aid funding, trade promotion and export finance provided by UK Export Finance (UKEF), the institution that has come under scrutiny for its USD 1 billion investment in a controversial LNG project in Mozambique and for considering to finance the equally controversial East African Oil Pipeline. In response, ....

United Kingdom , Alex Doukas , Boris Johnson , Credit Agency , African Oil Pipeline , Senior Campaigner At Oil Change International , Climate Ambition , United Kingdom Export Finance , East African Oil , Senior Campaigner , Oil Change International , Export Credit Agency , ஒன்றுபட்டது கிஂக்டம் , அலெக்ஸ் டௌகாஸ் , போரிஸ் ஜான்சன் , காலநிலை லட்சியம் , ஒன்றுபட்டது கிஂக்டம் ஏற்றுமதி நிதி , எண்ணெய் மாற்றம் சர்வதேச ,

December 12, 2020 - Oil Change International


Oil Change International
Day: December 12, 2020
As Shell faces a climate lawsuit in the Dutch Court this month, this blog takes a closer look at Shell’s climate ambition alongside its fossil fuel production plans. Yet again, it becomes clear that Shell is on a collision course with a safer climate.
The United Kingdom’s prime minister, Boris Johnson, will commit to end the UK’s overseas fossil fuel financing “as soon as possible” at the Climate Ambition Summit. The phase-out of oil, gas, and coal financing applies to aid funding, trade promotion and export finance provided by UK Export Finance (UKEF), the institution that has come under scrutiny for its USD 1 billion investment in a controversial LNG project in Mozambique and for considering to finance the equally controversial East African Oil Pipeline. ....

United Kingdom , Boris Johnson , African Oil Pipeline , Climate Ambition , United Kingdom Export Finance , East African Oil , ஒன்றுபட்டது கிஂக்டம் , போரிஸ் ஜான்சன் , காலநிலை லட்சியம் , ஒன்றுபட்டது கிஂக்டம் ஏற்றுமதி நிதி ,