How the UK and other top economies 'dramatically' cut public finance for overseas fossil fuels

Michael Holder
clock • 5 min read
Coal power station near Johannesburg, South Africa | Credit: iStock
Image:

Coal power station near Johannesburg, South Africa | Credit: iStock

Although IISD warns almost 40 governments and financial institutions signed up to Clean Energy Transition Partnership are still failing to ramp up overseas clean energy support

Almost 40 governments and financial institutions which in 2021 pledged to end international public financing for fossil fuels have together "dramatically" reduced their support for coal, gas and oil projects...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Emma Pinchbeck: 'If you want to build a future, you need everyone in the room to design it'

Poll: 80 per cent of UK public support pensions being invested in renewable energy

More on Investment

Poll: 80 per cent of UK public support pensions being invested in renewable energy
Investment

Poll: 80 per cent of UK public support pensions being invested in renewable energy

YouGov poll finds more than half of Reform voters and over 70 per cent of Tory voters support their pensions being invested in renewables

Michael Holder
Michael Holder
clock 08 October 2025 • 3 min read
The growing importance of 'social impact investing' in green business
Investment

The growing importance of 'social impact investing' in green business

Social impact investment, if we prioritise it, can unlock technology that could have an immense impact on communities, otherwise key innovations and opportunities risk being overlooked, writes Key Fund's Jane Austin

Jane Austin, Key Fund
clock 07 October 2025 • 4 min read
Royal London launches three sustainable funds
Investment

Royal London launches three sustainable funds

New funds expand the pension provider's range of sustainable funds to nine

Martin Richmond, Professional Pensions
clock 07 October 2025 • 1 min read