U.K. Pushes for Deal to End Foreign Fossil-Fuel Finance
- Aim is for statement to be unveiled Thursday at COP26
- Details and possible exemptions are still to be hashed out
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The U.K. is trying to corral at least 18 countries to agree to stop funding of foreign fossil fuel projects by the end of next year, according to people familiar with the situation.
The details -- and any possible exemptions -- are still being thrashed out in talks on the sidelines of the COP26 summit in Glasgow, Scotland. A one-page joint statement could be unveiled Thursday, the people said.