Yellen Targets Curbs on Development Bank Support for Fossil Fuel
- Treasury chiefs gather bank heads to discuss net-zero target
- U.S. joins effort to steer investment toward greener energy
Janet Yellen during the G20 finance ministers and central bankers meeting in Venice, on July 11.
Photographer: Andreas Solaro/AFP/Getty Images
This article is for subscribers only.
Sign up to receive the Green Daily daily newsletter and follow us @climate.
U.S. Treasury Secretary Janet Yellen signaled she’ll prod multilateral development banks to rein in their lending for fossil fuels, part of a global effort to make the financial system greener.