February 09, 2024 BY Simon Mugo

Barclays Announces Plans To Curb Fossil Fuel Funding

This decision is a critical component of its newly unveiled Transition Finance Framework (TFF), introduced amid growing scrutiny from environmental advocates concerning its energy financing policies in light of rising emissions from fossil fuel combustion. Starting in 2025, the financial institution plans to limit its financing to companies that are not diversified, such as those…

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