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The UK ceases funding fossil-fuel projects abroad — mostly - Electrek

The UK ceases funding fossil-fuel projects abroad — mostly - Electrek

Electrek - Michelle Lewis

The CDC Group, the British government’s development finance institution, will end most fossil-fuel financing abroad. It says it will invest only in companies that align with the Paris Agreement to achieve net zero by 2050. It will designate almost one-third of its spending to climate finance. The …

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