Japan-hosted G7 Ministers falsely claim they have ended fossil fuel finance, leave door open to gas investments
G7 Climate, Energy and Environment Ministers issued a communique ahead of next month’s G7 Leaders Summit that leaves the door open for investments in new capacity and endorses fossil fuel-based technologies promoted by Japan, this year’s G7 host. This contradicts IEA's most recent G7 analysis, reaffirming that no new gas fields or LNG infrastructure should be developed nor is needed in a scenario that limits global warming to 1.5°C.