BRUSSELS – The European Union should phase out its funding of oil, gas and coal projects, EU finance ministers said in a joint statement on Nov. 8, in a move that could mark a major shift in the bloc’s efforts to combat climate change.
Reuters: Worried by climate change, EU moves to end fossil fuel funding
Activists from the Association for the Taxation of financial Transactions and Citizen's Action (ATTAC) stage a protest in front of HSBC bank against its investment in fossil fuel between 2015 and 2017, on Sept. 15, 2018 at the Champs Elysee in Paris.
