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G7 agrees to stop financing coal projects by the end of 2021 – ABC News

The G7 agree to stop international financing of coal projects that emit carbon by year’s end, and phase out such support for all fossil fuels, to meet globally…

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The world’s seven largest advanced economies have agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate change targets.

  • The G7 and European Union vowed to end international investment in coal
  • They agreed to help boost deployment of zero emission vehicles 
  • The Group of Seven nations affirmed their commitment to the 2015 Paris Agreement

Stopping fossil fuel funding is seen as…

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