Ahead of G20 Summit, study says bloc poured $1.4 trillion into fossil fuels in 2022
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agosto 23, 2023 |
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G20 countries allocated a staggering $1.4 trillion of public funds to support fossil fuels in 2022, aiming to counter the impact of their soaring prices due to the Ukraine war and strengthen energy reserves, a new study has said. The study by independent think tank International Institute for Sustainable Development (IISD) and partners comes as G20 leaders prepare for their summit meeting scheduled for September 9-10 in New Delhi.
G20 countries allocated a staggering $1.4 trillion of public funds to support fossil fuels in 2022, aiming to counter the impact of their soaring prices due to the Ukraine war and strengthen energy reserves, a new study has said. The study by independent think tank International Institute for Sustainable Development (IISD) and partners comes as G20 leaders prepare for their summit meeting scheduled for September 9-10 in New Delhi.
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