Oxfam reaction to pledge to end finance for overseas fossil fuel
4 November 2021
Responding to reports that around 20 countries have committed to stop financing overseas fossil fuel projects by the end of 2022, Oxfam's climate policy lead Nafkote Dabi said: "This is an encouraging move that will divert much-needed resources to clean energy and help countries to develop in a low carbon way. Energy is vital to economic and social development, burning fossil fuels is not. This is the only way we can meet the collective goal of limiting global heating to 1.5°C."