UPDATE 3-In climate pledge, Xi says China will not build new coal-fired power projects abroad – Netscape News

By Valerie Volcovici and David Brunnstrom and Michelle Nichols Reuters (Adds U.N. chief Guterres’ reaction to Xi announcement) UNITED NATIONS, Sept 21 (Reuters) – Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the United Nations General Assembly to add to pledges to deal with climate change. Xi provided no details, but depending on how the policy is implemented, the move could significantly limit the financing of coal plants in the developing world. China has been under heavy diplomatic pressure to put an end to its coal financing…