'A major climate win': G7 nations pledge to end overseas coal funding in bid to deliver on 1.5C goals

Michael Holder
clock • 4 min read
The G7 summit is being hosted by the UK in Cornwall in June 2021
Image:

The G7 summit is being hosted by the UK in Cornwall in June 2021

Flurry of commitments to tackle climate and biodiversity crises include pledge to align all fossil fuel financing and national policies with keeping alive Paris Agreement's1.5C goal

The world's wealthiest seven nations have today jointly committed to "ambitious and accelerated" efforts to reduce greenhouse gas emissions, end new government support for overseas coal projects this year,...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Politics

Credit: Tony Blair Institute

Net zero is under threat from division and defeatism - climate progressives must take heed

Advocates should talk about net zero more, not less, to avoid climate falling headfirst into a destructive culture war, argues Daniel Newport from the Tony Blair Institute

Daniel Newport, Tony Blair Institute for Global Change
clock 10 August 2022 • 3 min read
CBI urges government to end 'power vacuum', fast track wind farm approvals

CBI urges government to end 'power vacuum', fast track wind farm approvals

CBI Director-General joins chorus of voices urging government to act now to tackle looming economic and energy crisis

James Murray
clock 10 August 2022 • 5 min read
The Race Bank offshore wind farm / Credit: Ørsted

How the net zero sceptics' medieval arguments are being overwhelmed by a very modern reality

Critics of the net zero transition are trying to blame it for the UK's economic woes, but their arguments are looking increasingly detached from the modern world

James Murray
clock 09 August 2022 • 14 min read