Fossil Finance From Multilateral Development Banks Reached $3 Billion in 2020, But Coal Excluded for First Time Ever
April 01, 2021
April 01, 2021
WINNIPEG, Manitoba, April 1 (TNSRes) -- The International Institute for Sustainable Development issued the following news release on March 30, 2021:
Today sees the release of the data on project financing from the nine major Multilateral Development Banks (MDBs) on the Energy Policy Tracker and a new Big Shift Global briefing, showing that, since the beginning of the pandemic, the banks provided at least USD 12 billion to clean energy and USD 3 billion for fossil fuels. 2020 was als . . .
Today sees the release of the data on project financing from the nine major Multilateral Development Banks (MDBs) on the Energy Policy Tracker and a new Big Shift Global briefing, showing that, since the beginning of the pandemic, the banks provided at least USD 12 billion to clean energy and USD 3 billion for fossil fuels. 2020 was als . . .