Home Business On the eve of the opening of climate ambition, the British government announced that it would end support for overseas fossil fuel projects.
On the eve of the opening of climate ambition, the British government announced that it would end support for overseas fossil fuel projects.

On the eve of the opening of climate ambition, the British government announced that it would end support for overseas fossil fuel projects.

by YCPress

December 12th the BBC reported that on the eve of the opening of the Global Climate Ambition Summit, the British government announced that it would end direct support for overseas fossil fuel projects.

The report pointed out that this move means that the UK will no longer provide export financing or financial assistance for any oil, gas or coal projects.

It is understood that more than 70 countries around the world, including China, France and the United Kingdom, participated in the Global Climate Ambition Summit to commemorate the fifth anniversary of the signing of the Paris Climate Agreement online.


Earlier, in order to improve its response to climate change, the British government announced a new goal of reducing greenhouse gas emissions on the 4th of this month.

Compared with the UK’s greenhouse gas emissions level in 1990, the British government plans to reduce greenhouse gas emissions by at least 68% by 2030.