‘Writing is on the wall for coal power’: China to ditch overseas coal funding, as US vows to double climate finance

Source: businessgreen.com businessgreen.com

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Hopes grow that COP26 Climate Summit could deliver a breakthrough, after two of the world's biggest emitters deliver key climate pledges World leaders have delivered a raft of crucial climate commitments at the UN General Assembly this week, with China, the US, and South Africa among countries coming forward with fresh pledges that will fuel hopes the COP26 Climate Summit in Glasgow in November could yet mark a step change in global decarbonisation efforts. Yesterday China's President Xi Jinping used his address to the Assembly to confirm the world's biggest emitter plans to stop building overseas coal plants, in a...