China, major banks financing new coal power projects in Africa, Asia, says report


Source: asiatoday.com.au asiatoday.com.au

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China, major banks financing new coal power projects in Africa, Asia, says report September 16, 2021 Reprints and Permissions - Re-use this article. VIENNA -- New research published by Sustainable Energy for All (SEforALL) and Climate Policy Initiative (CPI) says pockets of funders continue to finance additional coal-fired generation capacity in South Asia and Sub-Saharan Africa. It says Chinese state-owned institutions and the world's largest banks continue to finance coal power in countries with greatest needs for electricity access, with US$42 billion committed to grid-connected coal power plants between 2013-2019 in 18 countries studied. The Coal Power Finance in High-Impact...