Everything Mining Industry Country Focus How to Guide
Intelligence on industry and mining

Coal funding persists even as climate concern grows, report says

Coal might be the dirtiest word in climate politics in the run up to the United Nations COP26 summit, but that doesn’t mean financing for it has dried up. A total of $42 billion was committed to financing coal-fired power plants from 2013 to 2019 in 18 nations with the biggest percentage of population without electricity, or so-called high-impact countries, according to a report from the groups Sustainable Finance for All and Climate Policy Initiatives. Bangladesh, India and Pakistan received the majority of investment.

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register