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G7 nations agree to decarbonize energy sector by 2035: German Minister

The G7 has also agreed to stop financing fossil fuel projects by 2025, the minister said, calling the decision "extremely important.

Photo: Reuters

Photo: Reuters

ANI Europe
The G7 countries have agreed to decarbonize their energy sector by 2035, German Economy Minister Robert Habeck said on Friday.
"A significant step has been taken in the decarbonization of the energy sector, the commitment now made says that the energy sector in 2035 in all G7 states ... should be basically decarbonized and that moving away from coal is a common goal of the G7," Habeck told reporters following a G7 ministerial meeting in Berlin.
The G7 has also agreed to stop financing fossil fuel projects by 2025, the minister said, calling the decision "extremely important.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 27 2022 | 11:43 PM IST

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