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Government ban on UK funding of overseas fossil fuel projects: Friends of the Earth warns that exemptions would be disastrous

news release

Reacting to news that the UK government is to ban funding of fossil fuel projects overseas, Rachel Kennerley, climate campaigner at Friends of the Earth, said:

“It’s great that the UK government is finally waking up to the disastrous impact of investing in fossil fuel projects overseas. But it is still stubbornly pushing on with investing hundreds of millions of pounds in a climate-destroying mega gas project in Mozambique. The new policy would not allow this to go ahead, but ministers are still backing the project which is already proving disastrous for local communities in Mozambique while preventing us from stopping further climate breakdown.

“The government also needs and that development aid funding via the CDC group aligns with this new policy and is not spent on fossil fuels, particularly at a time when there are plans to cut aid funding. There’s a real risk that ending the funding of overseas fossil fuel projects won’t become a reality if these holes aren’t closed.”

ENDS

For more information and contact the Friends of the Earth press office on 020 7566 1649 / 07718 394786 (out of hours – please do not text this number) or by emailing media@foe.co.uk

Notes to editors
About Friends of the Earth: Friends of the Earth is an international community dedicated to the protection of the natural world and the wellbeing of everyone in it. We bring together more than two million people in 75 countries, combining people power all over the world to transform local actions into global impact. For more information visit: https://friendsoftheearth.uk/ follow us at @friends_earth, or like our Facebook page

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