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BONN, June 13, 2023 (AFP) – Failure to end use of fossil fuels will be a “death sentence” to millions worldwide, Swedish activist Greta Thunberg warned on Tuesday, urging politicians to take more ambitious action. “It will be impossible for us to stick to the 1.5-degree limit without a rapid, equitable, fossil fuel phase-out,” Thunberg told a press conference. She was referring to the 2015 Paris Agreement, at which world leaders pledged to cut greenhouse […]
by Patrick GALEY Agence France-Presse PARIS, France (AFP) — Rich nations are funneling cash through government-backed financial institutions to provide $30 billion to fossil fuel projects each year that “run counter to the Paris Agreement”, a new analysis showed Thursday. The export credit agencies (ECAs) of G20 countries currently provide more than 10 times more state-backed finance to oil, gas and coal projects abroad than they do to renewable energy schemes, the analysis said. […]
