US guidance for multilateral development banks leaves some room for gas

摘要

The US Treasury Department rolled out a new guidance for multilateral development bank (MDB) investments that prioritizes clean energy investments over fossil fuels but leaves some room for midstream and downstream natural gas projects. The added detail comes as the US approach to overseas finance of natural gas infrastructure has emerged as a battleground among those seeking to shape the future energy resource mix. Some environmental groups have urged the US to help set the tone internationally by advocating sharper cutoff for fossil fuel investments, while US LNG industry groups have emphasized the continued importance of gas as an alternative for developing countries.