The biggest banks in the world has announced that it will no longer fund new oil and gas fields, says an article published on their Euro News.
Final approvalHSBC – the largest bank in the UK and the seventh largest in the world – will not support oil and gas projects that received final approval after the end of 2021.
This is a necessary step if the world is to reach net-zero emissions by 2050, the International Energy Agency has said.
Banks committed to net-zero
The...
https://mfame.guru/worlds-biggest-banks-will-no-longer-finance-new-oil-and-gas-fields/