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Day: April 5, 2023

G20 public money enabled 82% of LNG export infrastructure expansion, breaking climate promises

April 5, 2023By nicoleBlog Post, Featured, News, Press Releases, Stop Funding Fossils

Government-backed LNG projects are exposing the public to stranded asset risks and causing emissions nearly twice the annual emissions of Canada.

Briefing: G20 government finance enabled 82% of LNG export infrastructure expansion, breaking climate promises

April 5, 2023By nicoleBriefings, Featured, Stop Funding Fossils

This new briefing shows G20 government institutions were involved in financing 82% of new Liquefied Natural Gas (LNG) export terminal capacity built from 2012-2022, providing at least USD 78 billion in loans, guarantees, and equity investments for new LNG export terminal capacity projects.

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