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July 5, 2022

Fewer than 4% of financial firms have policies against oil and gas expansion, says study

By Rob Langston

Not enough lenders and investors have an oil and gas policy in place, according to new data by not-for-profit Reclaim Finance.

Asset managers, investors and banks need to tighten their emissions reduction policies if the world is to meet the Paris Agreement targets to limit the pace of global warming, according to new research from Paris-based Reclaim Finance.

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