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2024-02-09T11:53:55.161Z
Highlights: Barclays announces stop financing of oil & gas projects. British banking giant Barclays today announced a halt to financing for new projects in the oil and gas sector. The bank has also committed to requiring its energy sector clients to produce transition plans or strategies by early next year. This is what we read in the new "Statement on climate change" made public by the bank. Reproduction of this article is strictly prohibited. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or click here for details.
The British banking giant Barclays today announced a halt to financing for new projects in the oil and gas sector, and a commitment to requiring its energy sector clients to produce transition plans or strategies... (ANSA)
British banking giant Barclays today announced a halt to financing for new projects in the oil and gas sector, and a commitment to require its energy clients to produce transition plans or decarbonisation strategies by early next year.
This is what we read in the new "Statement on climate change" made public by the bank.
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