G7 Nations Inject US$190 Billion Into Fossil Fuels Despite Leaders' Pledges For A Green Recovery
· New report finds G7 nations have been pumping more money into fossil fuels than clean energy between January 2020 and March 2021, despite pledges to “build back better”. · Coal, oil and gas received US$189 billion in support, compared to $147 billion for clean forms of energy, since the start of the pandemic. · More than 8 in every 10 dollars committed to fossil fuels came with no ‘green strings’ attached: they benefited the dirtiest sectors with no requirements for reducing pollution. · Only 1 in every 10 dollars committed to the Covid-19 response benefited the ‘cleanest’
