Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Israeli aircraft targeted the port of Hodeidah, western Yemen, with 12 airstrikes
Yemeni Armed Forces Spokesman Brigadier General Yahya Saree: Our air defenses are currently engaging Israeli aircraft that are launching an aggression against our country
Al Mayadeen's correspondent: Israeli raids target the port of Hodeidah
IOF issues evacuation order for neighborhoods in Hodeidah, Yemen.
Rubio: 'Very short window', maybe days, for Hamas to accept deal
Al Mayadeen correspondent to southern Lebanon: Israeli warplanes launched a raid on the Ksar Zaatar neighborhood in western Nabatieh.
Al Mayadeen's correspondent in Gaza: The tower destroyed by the Israeli occupation in Gaza includes media offices, including Al Mayadeen's bureau.
Al Mayadeen's correspondent in Gaza: Four fetuses and three premature babies died at Nasser Medical Complex due to malnutrition
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.

G7 nations vow to stop financing fossil fuel abroad by end of 2022

  • By Al Mayadeen English
  • Source: Agencies
  • 27 May 2022 17:37
2 Min Read

Japan joins other G7 members in signing a pledge to end overseas fossil fuel financing.

  • x
  • The pledge allows for exceptions as long as they are consistent with the 2015 Paris pact (AFP)
    The pledge allows for exceptions as long as they are consistent with the 2015 Paris pact (AFP)

G7 energy and climate ministers said in a joint statement on Friday after talks in Berlin that they commit to end direct public support for the global unabated fossil fuel energy sector by the end of 2022.

The term "unabated" signals projects that do not employ techniques to offset pollution brought on by CO2 emissions.

Japan has for the first time joined its fellow G7 members in the pledge. Until today, Britain, Canada, Germany, France, Italy, and the US had signed the pledge, and Japan had resisted.

Related News

DPRK slams US-Japan-South Korea war games as ‘reckless’

Japanese lawmakers urge government to recognize Palestine

Around 20 countries had committed to end subsidies for the international fossil fuel sector at last year's COP26 climate summit in Glasgow.

Read More: What is the difference between 1.5°C and 2°C global warming?

"It is good that Japan, the world's largest financier of fossil fuels, has now joined the other G7 countries in making a shared commitment to end overseas fossil fuel financing," said Alden Meyer, senior associate at climate policy think tank E3G, according to AFP.

Some limited exceptions are still allowed for fossil fuel financing, as long as the financing is consistent with the 2015 Paris pact to limit global temperature increases.

Ministers at the G7 talks also committed to doing the utmost to end the use of fossil fuels in their electricity sectors by 2035, despite the consequences of the war in Ukraine, saying "We further commit to a goal of achieving predominantly decarbonized electricity sectors by 2035."

  • G7
  • Japan
  • Fossil Fuels
  • Fossil Fuel Production
  • Pollution
  • Air pollution
  • carbon emissions
  • Carbon Emissions Reduction

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
'Israel’s' Qatar strike backfires, fueling diplomatic fallout
Politics

'Israel’s' Qatar strike backfires, fueling diplomatic fallout

'Israel' committing genocide in Gaza, UN Commission declares
Politics

'Israel' committing genocide in Gaza, UN Commission declares

Rubio supports Gaza offensive, warns few days left for diplomacy
Palestine

Rubio supports Gaza occupation, warns of tight window for deal

US adds Colombia to drug list, drawing Petro’s rebuke
Politics

US adds Colombia to drug list, drawing Petro’s rebuke

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS