Comment on Biden Seeks Deal to Eliminate Funding for Oil and Gas Projects Abroad

Biden Seeks Deal to Eliminate Funding for Oil and Gas Projects Abroad

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. In the landscape of international finance for fossil fuels, some of the most important players are obscure government bodies known as “export credit agencies.” These agencies provide funding to companies seeking to build large and risky infrastructure projects, often in developing countries.

 

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