Environmental campaign groups are switching their aim to public and private financing for natural gas projects as they get closer to winning the battle over thermal coal. In the lead up to and during the G7 summit in the UK on June 11-13, several major economies pledged to work towards removing fossil fuels from energy…| Global Trade Review (GTR)
The Asian Development Bank (ADB) has confirmed it will not provide any support for extraction and power projects in the coal and oil sectors, but will continue to allow some natural gas financing as it seeks to help transition the Asia Pacific toward renewable energy. The multilateral development bank’s board approved a new energy policy…| Global Trade Review (GTR)
A landmark deal has been struck by Organisation for Economic Co-operation and Development (OECD) countries to formally ban export credit support for unabated coal-fired power plants, but campaigners are calling for the group to widen the scope of the restrictions. Participants to the OECD Arrangement on Officially Supported Export Credits have announced that an agreement has…| Global Trade Review (GTR)
