Britain Vows to Stop Funding Fossil Fuel Projects Abroad

Britain is to end government funding for fossil fuel projects overseas, Prime Minister Boris Johnson said Friday, on the eve of an international climate change summit.

Johnson announced a halt to funding of new crude oil, gas and coal projects before opening the Climate Ambition Summit co-hosted by Britain, the United Nations and France on Saturday.

“I’m pleased to say today that the UK will end taxpayer support for fossil fuel projects overseas as soon as possible,” Johnson said in a statement released by his office.

Britain has been criticised for sending billions of pounds abroad to help extract and refine fossil fuels and build power stations. Read more…..


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