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G20 governments put four times more money into fossil energy generation than into renewables - despite their official commitment to the Paris Climate Agreement鈥檚 aims, NGOs including WWF, Urgewald and Friends of the Earth say in a press release. In a reported titled 鈥淭alk is cheap鈥�, the NGOs show how the G20 governments 鈥渃ontinue to provide sweetheart loans, guarantees, and other forms of preferential financing to fossil fuel projects" - potentially undermining the Paris Agreement鈥檚 goal to keep global warming well below two degrees Celsius. Given the current US administration鈥檚 intention to leave the accord, other G20 members had to 鈥渟tep up鈥� and shift public finance from 鈥榖rown鈥� to 鈥榞reen鈥� activities, they argue.

See the press release in English  and the report in English .

For background, see the 麻豆无码版 dossier The energy transition and climate change.