Liquefied natural gas (LNG) carriers under construction at the Daewoo Shipbuilding and Marine Engineering facility in South Korea in 2018. Korea is the second largest fossil financier, due in part to its large shipbuilding industry that transports LNG around the world.

A deal on ending public financing for foreign fossil fuel projects — which Canada co-led on the world stage — has died in the face of key holdout countries and the incoming administration of U.S. president-elect Donald Trump.