UK’s export support agency stops investing in new fossil fuel projects
Campaigners cautiously welcomed the move but said there was more to do

The agency did not finance any new fossil fuel projects this year for the first time
Environmental campaigners have cautiously welcomed a move by the UK's export finance agency to stop making new investments in fossil fuels overseas.
UK Export Finance has in the past been criticised for providing funds for British businesses exploiting oil and gas abroad – effectively subsidising fossil fuels and driving climate change.
But the government agency says from this year it is not providing any new support to new fossil fuel projects for the first time.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our new commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies