Joanna + 68 JT December 12, 2017 This is significant. They are funding just everything http://www.france24.com/en/20171212-world-bank-stop-funding-oil-gas-projects-2019-climate Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA December 12, 2017 great. I think United States’ decision to leave the treaty was a mistake. Quote Share this post Link to post Share on other sites
Stephen + 67 SM December 12, 2017 might be a bit late "In its 2016 annual report, the World Bank Group said it had invested just over $3 billion in “extractive industries”, which also include mining, in 2016 -- three times as much as the year before." Quote Share this post Link to post Share on other sites
Joanna + 68 JT December 12, 2017 the MDBs and the PFIs of G20 countries provide almost four times as much finance to fossil fuels than to clean energy in an average year. Quote Share this post Link to post Share on other sites
Petar + 76 PP December 12, 2017 Too late and on the other side hypocritical. After the planet is polluted, everyone is talking about pure energy. Where have they been few years ago when was the right time for such decision. Nowhere. Because money and interest are everlasting. Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA December 12, 2017 Also, major banks and companies vowed to accelerate the move away from Earth-warming fossil fuels as world leaders met in Paris seeking to unlock new cash for the global economy's shift to greener energy. French insurer Axa said it would speed up its carbon sector divestment, pulling $2.9 billion from companies which derive more than 30 percent of their revenues from coal. Dutch bank ING said it would have "close to zero exposure" to coal power generation by 2025, and a group of more than 200 global investors, including banking giant HSBC, launched a campaign to pressure the world's largest corporate greenhouse gas emitters -- including BP, Airbus, Volkswagen, and Glencore -- to go greener. Quote Share this post Link to post Share on other sites
Stephen + 67 SM December 12, 2017 But what about climate finance for developing countries, of which the US -- the world's biggest historical greenhouse gas polluter -- has traditionally been a major contributor. Quote Share this post Link to post Share on other sites
Pavel + 384 PP January 9, 2018 It was time for all of the institutions, countries, investors and individuals who are part of the still Paris Agreement to stop funding fossil fuels. It's a only way for better and healthy future. Quote Share this post Link to post Share on other sites
Petar + 76 PP January 9, 2018 Coal is history. Don't accept bribes and be conscientious cause next generations... Quote Share this post Link to post Share on other sites
Pavel + 384 PP January 9, 2018 For clear picture of air - pollution, or damage of Earth I will ask have anyone ever seen the footprint size of an opencut coal mine? And, nfortunately there are hundreds, thousands, millions of them around the world - or the enormous coal shale mines. Quote Share this post Link to post Share on other sites
Petar + 76 PP January 9, 2018 Pavel, this news is a best confirmation of our announcement one month ago... Quote Share this post Link to post Share on other sites