G-7 Moves Closer to Reversing Fossil-Fuel Funding Pledge

The video discusses the G7's commitment to halt financing overseas fossil fuel projects, agreed upon at COP26. However, the war in Ukraine has led to a reconsideration of this decision due to energy supply concerns in Europe. The G7 is now contemplating continued investments in fossil fuels to maintain economic stability, which contradicts previous climate goals. This situation highlights the tension between energy needs and environmental commitments.

In what way is the current situation contradictory to the climate goals set last year?

What traditional energy sources are countries reverting to due to the current crisis?