Climate in Numbers: G7 continues to invest in fossil fuels

The G7 countries still invest billions in international projects promoting fossil energies. This is according to a report by the organizations E3G and Oil Change International. They state that Germany and Japan have not yet adopted political plans to fulfill the pledges they made at COP26 and at last year’s G7 summit. At the time, the countries pledged to stop funding new, international fossil fuel projects after the end of 2022.