As the world says no to coal, China is poised to lead on green energy finance

Home » Business News (China) » As the world says no to coal, China is poised to lead on green energy finance

With President Xi Jinping’s announcement at the 76th UN General Assembly that China “will not build new coal-fired power projects abroad”, all major public financiers of overseas coal plants have pledged to stop supporting the global coal industry.This is a major moment for the global energy transition. But as world leaders meet at the G20 summit in Rome and the UN Climate Change Conference (COP26) in Glasgow, it is time to pivot from being against financing overseas coal to being for a stage…

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