{"id":447886,"date":"2021-11-06T11:20:24","date_gmt":"2021-11-06T05:50:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=447886"},"modified":"2021-11-06T12:43:04","modified_gmt":"2021-11-06T07:13:04","slug":"twenty-countries-to-stop-public-finance-for-fossil-fuel-sector","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/twenty-countries-to-stop-public-finance-for-fossil-fuel-sector\/","title":{"rendered":"Twenty countries to stop public finance for fossil fuel sector"},"content":{"rendered":"<p>Twenty countries, including the US, Britain and Canada, on Thursday announced they would stop public finance for the fossil fuel sector by the end of 2022 as part of efforts to hasten the world\u2019s shift away from oil and gas.<\/p>\n<p>The joint statement means its signatories \u2014 20 countries and five financial institutions \u2014 will by 2022-end no longer fund infrastructure or other resources for the exploration, extraction or supply of fossil fuels. <\/p>\n<p>The signatories have said they will prioritise a transition to clean energy, suggesting more funds will be available for the expansion of renewable energy sources.<\/p>\n<p>Climate policy analysts said this was the first political commitment to address public finance for oil and gas after a wave of commitments to stop global public finance for coal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twenty countries, including the US, Britain and Canada, on Thursday announced they would stop public finance for the fossil fuel sector by the end of 2022 as part of efforts to hasten the world\u2019s shift away from oil and gas. The joint statement means its signatories \u2014 20 countries and five financial institutions \u2014 will by 2022-end no longer fund infrastructure or other resources for the exploration, extraction or supply of fossil fuels. The signatories have said they will prioritise a transition to clean energy, suggesting more funds will be available for the expansion of renewable energy sources. Climate policy [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-447886","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=447886"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447886\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=447886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=447886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=447886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}