Reported 21 days ago
Developed countries are under pressure to finalize a deal to restrict funding for foreign oil and gas projects, as ongoing discussions continue to stall due to opposition from South Korea and Turkey. The Organisation for Economic Cooperation and Development (OECD) is making efforts to expand restrictions on public financing for fossil fuels amid concerns regarding energy security, especially with the upcoming US presidential election and COP29 summit. Time is running out for these nations to reach a consensus before significant political changes could hinder progress.
Source: YAHOO