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Europe officials urge World Bank to exclude fossil-fuel investment

(Adds World Bank statement) By Kate Abnett and Andrea Shalal WASHINGTON, Feb 26 (Reuters) - Senior officials from Europe have urged the World Banks management to expand its climate change strategy to exclude investments in oil- and coal-related projects around the world, and gradually phase out investment in natural gas projects, according to three sources familiar with the matter. In the six-page letter dated Wednesday, World Bank executive directors representing major European shareholder cou...
United States France General World Bank District Of Columbia Bruxelles Capitale Valerie Volcovici
Source: trust.org

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