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New German climate policy will continue multi-billion overseas fossil fuel finance and break major international climate promise

The German Government is set to break a major international climate commitment, releasing a draft policy today for Euler Hermes, the German export credit agency, which allows the agency’s huge international fossil fuel financing to continue.

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How German banks finance LNG terminals in the US

How German banks finance LNG terminals in the US
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Deutsche Bank tightens finance policy on coal, but not on oil and gas

FRANKFURT Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing…

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Leftist Climate Groups Gnash Teeth over Fossil Fuel Financing

A cabal of climate change groups complained that U.S. financial institutions continue to fund the fossil fuel industry.

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Germany considers funding €1bn of fossil fuel projects overseas

German support for any of the projects would breach a pledge made last year to stop funding coal, oil and gas projects overseas from 1 January

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