Ahead of the 2023 World Bank Spring meetings, we have compiled the major MDBs’ 2022 energy finance data for the first time.
Day: April 4, 2023
As Biden expands Gulf of Mexico drilling, new research finds it has significantly greater climatic impact than previously thought
A new scientific paper, published yesterday in the PNAS, the Proceedings of the National Academy of Sciences, has concluded that government inventories of methane and carbon dioxide significantly underestimate the amount of gases which are released in the Gulf of Mexico from oil and gas operations.
OECD risks labeling gas and other fossil-based technologies climate-friendly
The OECD has adopted a new list of “climate-friendly” projects that will benefit from preferential financial terms for export support. But a number of projects are poorly defined, potentially allowing for preferential financial incentives for export credit agency investments in gas.