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OverviewAPI
Barclays tightens financing for upstream oil and gas expansion projects, requiring clients to set 2030 methane reduction targets, end routine venting and flaring, and achieve near-term net zero alignment. This move aligns with Barclays' $1 trillion sustainable finance commitment and reflects the global investment surge in low-carbon energy transition, forecasted to average $4.8 trillion per year from 2024 to 2030.

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