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Oil Change International responds to mixed bag at COP28 Finance Day outcomes

Today was Finance Day at the UN climate talks in Dubai, with a mixed bag of outcomes according to Oil Change International campaigners. Multilateral development bank representatives met with the COP28 Presidency, and failed to show progress in redirecting much needed finance for a just energy transition, while export credit agencies indicate a significant drop in fossil fuel support. ....

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EU, UK, and Canada move to phase out fossil fuel finance at OECD

US, South Korea, and Japan fail to follow suit The European Union, the United Kingdom, and Canada are ready to be climate leaders by proposing phasing out fossil fuel finance through Export Credit Agencies at the OECD. This move reflects a commitment to aligning public financing with climate goals and the urgent need to transition to clean energy. ....

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Cop26 Pledges: Forests, Methane, and Finance update

Cop26 Pledges: Forests, Methane, and Finance update
climatechangenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from climatechangenews.com Daily Mail and Mail on Sunday newspapers.

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Over 250 organizations back groundbreaking efforts by OECD countries to end $41 billion a year in fossil fuel finance

Over 250 organizations from 30 countries call on governments to support fellow OECD members' efforts to end oil and gas export finance at OECD meeting on 6 November 2023. ....

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Export-Import Bank Is Set to Approve Estonia Oil Project

Today, the U.S. Export-Import Bank (EXIM) is scheduled to approve support for Liwathon’s oil tank project in Estonia. ....

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