Stay updated with breaking news from Glasgow Statement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
But Export Development Canada may still provide billions of dollars in support for fossil fuel projects in other countries in 2023. Read on.
Canada’s long-awaited plan to end public financing for international fossil fuel projects is here at last and, despite some loopholes, represents a major milestone, environmental groups say.
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. Today’s announcement is expected to redirect CAD 2.5 billion per year away from fossil fuels.
/CNW/ - At COP26 in Glasgow, Scotland, the Honourable Jonathan Wilkinson, Minister of Natural Resources, announced that Canada signed the Statement on...
A new report reveals that between 2019 and 2021, the G20 countries and multilateral development banks (MDBs) provided at least $55 billion/yr for fossil fuels.