European officials urge World Bank to bar fossil-fuel investments: Report - Dealers Care

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Friday, 26 February 2021

European officials urge World Bank to bar fossil-fuel investments: Report

WASHINGTON (Reuters) - Senior officials from Europe have urged the World Bank's management to expand its climate change strategy to exclude investments in oil- and coal-related projects around the world, and gradually phase out investment in natural gas projects, according to three sources familiar with the matter.

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