Group of Seven

Oil, Natural Gas Projects Face G-7 Funding Cut by Year’s End

Oil, Natural Gas Projects Face G-7 Funding Cut by Year’s End

In a bid to send a strong message on climate action, the Group of Seven (G-7) countries has agreed to end direct public financing of fossil fuels by the end of the year and work toward ending subsidies by 2025. In a meeting last month in Berlin, the G-7 nations made a formal commitment to…

June 6, 2022