Explainer: What the COP26 and G7 promises to stop funding fossils in 2022 mean for climate and communities

July 28, 2022By Oil Change InternationalBlog Post, Stop Funding Fossils 1 Comment

39 countries and institutions signed a joint commitment to end any support for fossil fuels flowing abroad by the end of 2022, and in its place prioritize finance for clean energy. Recently the G7 reaffirmed their commitment and were now also joined by Japan, the only G7 member who hadn’t signed on. Here’s what that means.