UK considers ending financial support for fossil fuels overseas

The UK government is considering steps to end its ongoing financial support for fossil fuels overseas after using £3.5bn of public funds to support polluting projects since signing the Paris climate agreement. Senior civil servants are understood to be planning a new climate strategy that would phase out financial support for oil and gas infrastructure in developing countries ahead of the UN’s Cop26 international climate talks next year.
Read more: https://www.theguardian.com/environment/2020/jun/12/uk-considers-ending-financial-support-for-fossil-fuels-overseas?source=Snapzu