There is no room for countries to finance new oil and gas projects

clock • 10 min read

If climate finance is to deliver, we need to be thinking more about ending fossil finance, not just green finance, writes former Conservative MP Chris Skidmore

This is an excerpt from Chris Skidmore's address to Sustainable Investment Forum Europe on 2 May Next month, on 27 June, will mark the fifth anniversary of the UK making that historic net zero commitment....

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

More on Politics

COP30: Belém Summit gears up for fight over future of fossil fuels
Politics

COP30: Belém Summit gears up for fight over future of fossil fuels

New initiative launches with aim to halve global food waste and slash methane emissions by 2030, as negotiating teams and lobbyists face off over plans to transition away from fossil fuels

Michael Holder
Michael Holder
clock 14 November 2025 • 9 min read
The Treasury is at risk of undermining one of its only growth stories
Politics

The Treasury is at risk of undermining one of its only growth stories

Reports heat pump grants are to be cut, and the way the proposed changes have been communicated, will dent confidence across the green economy

James Murray
James Murray
clock 14 November 2025 • 7 min read
With politics shifting, the case for climate action needs a new approach
Politics

With politics shifting, the case for climate action needs a new approach

Making the case for climate action - the economic case and not merely the environmental case - has never been more relevant and important than now, writes former UK Energy and Clean Growth Minister Chris Skidmore

Chris Skidmore
clock 14 November 2025 • 7 min read