UK to end support for fossil fuel energy projects abroad

The government will end export finance, aid funding and trade promotion for new crude oil, natural gas and thermal coal projects, with ‘very limited exceptions’

OECD nations agree to cut export finance for coal

Several major economies including the US, EU and Japan have agreed to restrict public financing for coal-fired power plants in other countries. Under the deal struck by the members of the Organisation for Economic Co-operation and Development (OECD), export financing for the “least efficient” coal power stations will be limited. However funding would still be […]