Italy breaks climate promise to end public financing for international fossil fuel projects, publishing ‘worst-in-class’ climate policy

March 21, 2023By Valentina StacklPress Releases, Stop Funding Fossils No Comments

Italy breaks climate promise to end public financing for international fossil fuel projects, publishing ‘worst-in-class’ climate policy Italy publishes policy that continues investments in new fossil fuel projects, breaking commitment made at 2021 UN COP26 climate summit. Policy denies climate science and fossil fuel phase-out trajectories presented by the IPCC on the same day Civil … Read More

CSOs say E3F countries need to act with urgency and integrity to meet commitments to end export finance for fossil fuels

November 24, 2021By LauriePress Releases, Stop Funding Fossils

The time has come for ambitious E3F action, not just ambitious words. We do not want to see a year of vague compromises and exceptions that water the commitment down and lead to continued support for fossil fuels, such as gas – as this not only puts the climate at risks, it also locks countries in the south into fossil dependence with all the economic risks that come along.