G20 still paying billions in fossil fuel subsidies
Subsidies reached new highs in 2021, even before Russia’s invasion of Ukraine, a Climate Transparency analysis finds
Source: chinadialogue.net
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"Rich Countries Keep Funding Our Demise"
"The most powerful countries in the world keep ratcheting up public funding for fossil fuel projects and increasing emissions—despite the fact that continued investment in dirty fuels could push us beyond the warming targets laid out in the Paris Agreement."
Source: sej.org
Fossil Fuel Production Subsidies Rose to Record Levels in G20 Countries in 2021
The Climate Transparency Report 2022 found that fossil fuel subsidies from G20 countries reached record levels in 2021.
Source: ecowatch.com
'The G20 has failed to deliver': Study slams continued increase in fossil fuel subsidies
New Climate Transparency report reveals fossil fuel production subsidies surged to highest levels on record in 2021
Source: businessgreen.com
CSOs say E3F countries need to act with urgency and integrity to meet commitments to end export finance for fossil fuels
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.
Source: priceofoil.org