Albanese government urged to push international banks to stop funding fossil fuel development

Exclusive: Report claims Australia's shareholdings in development banks has made it responsible for investing $828m in fossil fuel projects over five yearsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia's shareholdings in three international banks - including the World Bank - has seen it responsible for investing $828m in fossil fuel projects between 2016 and 2021, according to a research report.The World Bank, the Asian Development Bank and the Asian Infrastructure Investment Bank have collectively pumped $32.85bn into fossil fuel projects - almost entirely linked to oil and gas production or power generation - over the same period, the report says.Sign up for Guardian Australia's free morning and afternoon email newsletters for your daily news roundup Continue reading...