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A group of scientists affiliated with universities, research organizations and nonprofits, sent an open letter to Citi CEO Jane Fraser and Board Chair John Dugan today, urging the company to stop financing new fossil fuel projects.
The letter called on Citi specifically to:Additional UCS Resources and Analyses: Stop financing and supporting coal, oil, and gas companies that are engaged in upstream oil and gas development, and all other companies investing in fossil fuel expansion. Strengthen sectoral finance exclusion policies, including ending funding and financing services for new and expanding LNG projects and their parent companies.
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