Sierra Club Statement on New Treasury Guidance to End Fossil Fuel Financing Overseas
August 17, 2021
August 17, 2021
WASHINGTON, Aug. 17 (TNSPol) -- The Sierra Club issued the following statement on Aug. 16, 2021:
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The US Treasury Department issued new guidance for Multilateral Development Banks (MDBs) to invest in clean energy and energy efficiency, to strongly oppose oil and coal projects, and to only support gas projects in extenuating circumstances and only if specific criteria are met. Today's guidance is the next step from President Biden's January Executive Order . . .
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The US Treasury Department issued new guidance for Multilateral Development Banks (MDBs) to invest in clean energy and energy efficiency, to strongly oppose oil and coal projects, and to only support gas projects in extenuating circumstances and only if specific criteria are met. Today's guidance is the next step from President Biden's January Executive Order . . .