and advocates have repeatedly issued warnings that keeping global warming below 1.5 degrees Celsius depends on halting all future fossil fuel development and having net-zero energy systems by 2040. of financing fossil gas projects is coming from multilateral development banks , such as the World Bank’s private finance arm – the International Finance Corporation .
financed by the Asian Infrastructure Investment Bank , which triggered the displacement of at least 2,000 families due to discharge of waste into local communities’ waterways.
Source: Energy Industry News (energyindustrynews.net)
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