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Q&A: Legal opinion on ECA finance for fossil fuels

May 4, 2021By Oil Change InternationalSupport Page

1. What does the legal opinion say? The legal opinion says that in the context of the climate emergency, and the rapidly diminishing carbon budget, there is an “in principle” requirement on states under international law to stop financing new fossil fuel projects. They should also decrease the funding of existing fossil fuel projects under … Read More

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