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“Development banks make landmark climate pledge, but no fossil fuel phase out” – Reuters – November 10, 2020

On November 10, 2020 Reuters reported that “(t)he world’s public development banks on Wednesday pledged to align their financial firepower with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing. At a green finance summit organised by the French government, the world’s 450 public development banks said […]