KM Financial Solutions | UPDATE 1-World Bank to cease financing upstream oil and gas after 2019
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UPDATE 1-World Bank to cease financing upstream oil and gas after 2019

UPDATE 1-World Bank to cease financing upstream oil and gas after 2019

PARIS, Dec 12 (Reuters) – The World Bank will no longer
finance upstream oil and gas projects after 2019, apart from
certain gas projects in the poorest countries in exceptional
circumstances, it said on Tuesday, drawing praise from
environmental groups.

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