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Canada Delivers on Glasgow Statement Pledge with Policy Guidelines to End International Public Finance for Fossil Fuels

The Government of Canada has released new policy guidelines to end international public financing for fossil fuels and reprioritize support for clean energy by the end of 2022. Todayโ€™s announcement is expected to redirect CAD 2.5 billion per year away from fossil fuels.
Glasgow City United Kingdom Dutch Development Bank Intergovernmental Panel On Climate Change French Development Agency Development Canada
Source: iisd.org

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Finland joins growing list of countries restricting international oil & gas finance, leaving Norway the only Nordic country not to do so

Finland has released a new policy for Finnvera, the Finnish export credit agency, restricting public finance for oil and gas. From 2018-20, Finnvera provided an average per year of USD 142 million to fossil fuels and only USD 46 million to clean energy - this will now change
Glasgow City United Kingdom United States Adam Mcgibbon Vera Kauppinen Truls Gulowsen

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