China’s 2021 “international coal-exit’’ pledge: a transparency problem

Download briefing as pdf here March 2022 China’s pledge to stop building new coal-fired power plants abroad, announced during the UN General Assembly in September 2021 – and reiterated during a EU-China dialogue on climate in October 2021 – was met with enthusiasm. Yet, half a year later, little is known about the extent of… Continue reading China’s 2021 “international coal-exit’’ pledge: a transparency problem

Response: G20 ends public financing for international coal-fired power projects, we ask China to walk away from Western Balkan coal projects immediately.

G20 nations including China have agreed to ending public financing for international coal-fired power projects this year, following on from similar commitments by the G7 and the OECD. China, the world’s top financier for the construction of international coal-fired power projects, still currently has over 1.7 GW of planned coal-fired power plants and the 350 MW Kostolac B3 coal-fired power project under construction in the Western Balkan countries in Southeast Europe… Continue Reading

G20 Is Opportunity for China to Make Good on its Coal Phase-out Promise – Just Finance International

Copenhagen, 27 October 2021:- China must provide clarity on whether its “international new coal projects exit” covers existing projects during this weekend’s G20 gathering in Rome, or run the risk of building outdated, unwanted climate-warming coal-fired electricity capacity, according to Just Finance International. The commitment to exit coal projects was made by Chinese leader Xi… Continue reading G20 Is Opportunity for China to Make Good on its Coal Phase-out Promise – Just Finance International

Governments worsen climate crisis with USD billions in export finance

Every year, G20 countries give tens of billions of taxpayer-backed money to the fossil fuel industry via secretive government agencies known as Export Credit Agencies (ECAs). We can’t address the climate crisis effectively if our governments continue to prop up fossil fuels. Continue Reading

Find out more and sign the letter to world leaders urging them to stop supporting the fossil fuel industry via public financial institutions: http://www.fossilfreeecas.org