The World Bank Makes Historic Announcement At One Planet Summit

Source: Sunny Skyz

The World Bank has just announced that it will end its financial support for oil and gas extraction.

The Bank used the One Planet Summit in Paris to announce that it “will no longer finance upstream oil and gas” after 2019.

The bank also announced that it was on track to meet its target of 28 percent of its lending going to climate action by 2020.

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