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Environment
Christian Downie, Associate Professor, Australian National University

COP28: Turning the tap off slowly – why Australia's decision to end overseas fossil fuel finance matters

Australia COP28 United States Christian Downie the Australian Research Council
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Until recently, financing fossil fuel projects has been relatively easy.

But that is slowly changing. At the COP28 climate negotiations yesterday, Australia announced it will sign the Glasgow Statement and will no longer finance international oil, gas and coal projects. Domestic projects are not part of the agreement.

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