China stopped building and funding coal projects in nations covered by its Belt and Road Initiative last year, but support for oil and gas ventures surged, according to a study published by Fudan University.China’s oil and gas engagements – investment and construction – in the 144 nations covered by the initiative tripled to US$10.9 billion last year from US$3.7 billion in 2020, the report by the Shanghai university’s green finance and development centre showed.However, support for renewable…
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