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RELEASE: Multilateral Development Banks Continue to Fund Fossil Fuels, Lag Behind in Renewables

May 25, 2017By Alex DoukasBlog Post, News, Press Releases

Despite vocal commitments to help tackle climate change, six key multilateral banks (MDBs) financed over $7 billion in coal, oil, and gas projects in 2015, and funded a total of $83 billion in fossil fuels from 2008-2015.

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