Friends of the Earth France urges Hollande to join Obama in cutting public coal financing

Friends of the Earth France has urged President Hollande and his government to end French support for coal-fired power plants via its export credit agency Coface and the various multilateral development banks in which it plays a significant role. US President Obama also vowed to press France on ending public financing of coal-fired power plants overseas except in the poorest of countries, in his meeting with Hollande on February 11th. It is understood that following their meeting, President Hollande refused to issue a joint public announcement of French/US agreement on moving away from coal financing.

Country: