European Development Finance Institutions fall short on climate ambition by allowing continued financing for fossil gas

November 5, 2020By LaurieFeatured, News, Press Releases, Statement, Stop Funding Fossils No Comments

European Development Finance Institutions fall short on climate ambition by allowing continued financing for fossil gasToday, one week ahead of the Finance in Common Summit, the Association of European Development Finance Institutions (EDFI) announced joint ambitions for climate action. The institutions commit to full Paris alignment by 2022 and to end coal and fuel oil financing. For gas finance, they commit to “generally exclude [such finance] by 2030 at the latest”, but leave the room open to gas financing beyond 2030 in certain cases. 

Every Vote Matters

November 4, 2020By OCI TeamBlog Post, News, Statement No Comments

We’re in this together, and we’re going to get through the next few days by continuing to show up, calling each other to action, and appreciating the ones fighting right besides you – knowing that you are in a community of millions fighting for justice. These next few days, we will let those who want … Read More