22 Mar '17, 2pm

G20 Countries Financed $8 Billion of Coal Overseas in 2016

G20 Countries Financed $8 Billion of Coal Overseas in 2016

In 2016, G20 governments financed at least $8 billion in overseas coal projects through their policy and development banks and export credit agencies. G20 support for foreign coal projects contradicts their commitments for a low-carbon future as outlined in the Paris Agreement and the 2030 UN Sustainable Development Goals. Governments provide loans or loan guarantees to build a coal plant overseas through export credit agencies like the Japan Bank for International Cooperation, development institutions like the China Development Bank or the Asian Development Bank, or entities like the Korea Trade Insurance Corporation. The chart below shows the biggest financers of coal projects last year, all institutions from Japan, China and Korea: Unfortunately, since not all of these public institutions disclose their financing, it is likely that additional projects were financed with...

Full article: https://www.nrdc.org/experts/han-chen/g20-countries-finan...

Tweets

Countries Keep Joining the Paris Climate Agreement

nrdc.org 23 Mar '17, 1pm

Countries from all corners of the world continue to formally join the Paris Agreement in another sign that international c...

New coal plants dropped by two-thirds last year

New coal plants dropped by two-thirds last year

grist.org 22 Mar '17, 7pm

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. The ...

via @greentechmedia

greentechmedia.com 23 Mar '17, 9pm

The headwinds for coal are coming from every direction. Since 2010, more than 250 coal plants in America have been shutter...

The Beginning of the End for Coal

ecowatch.com 22 Mar '17, 2pm

The global coal boom took a nosedive in 2016 as construction starts on coal-fired power plants fell to nearly two-thirds o...

#World…

#World…

nea.gov.sg 23 Mar '17, 9am

El Niño Southern Oscillation (ENSO) is a recurring climate pattern caused by interactions between the atmosphere and the o...

NEW BLOG: At G20 Finance Ministerial, US Makes an Unforced Error on Climate

NEW BLOG: At G20 Finance Ministerial, US Makes ...

wri.org 22 Mar '17, 3pm

The loss of climate language in the most recent communiqué is an unforced error on the part of the United States. Over the...

Report: Coal power plant pipeline goes into 'fr...

businessgreen.com 22 Mar '17, 12am

"The Coalswarm data precisely underlines the growing stranded asset risk evident in thermal coal power plant investments g...

Is Energy Independence a Cover for Coal?

Is Energy Independence a Cover for Coal?

triplepundit.com 23 Mar '17, 9am

These assumptions clearly target the EPA generally and, specifically, the Clean Power Plan. The order cites research from ...

Top businesses urge G20 leaders not to abandon ...

businessgreen.com 22 Mar '17, 11am

Businesses, civil society groups, and think tanks this week joined forces to urge the world's richest countries to push cl...

Total Number Of Coal Plants Plummeting Globally

cleantechnica.com 23 Mar '17, 2pm

“2016 marked a veritable turning point,” said Lauri Myllyvirta, senior global campaigner on Coal and Air Pollution at Gree...

Trump Promises to Bring Back Coal as Two More C...

ecowatch.com 21 Mar '17, 1pm

Speaking at a rally in Kentucky Monday night, President Trump told the crowd his administration is "preparing new executiv...

10 places in #Singapore that make you feel like...

herworldplus.com 25 Mar '17, 3am

Get the latest trends and news on fashion, shopping, beauty, lifestyle, relationships & celebs and invitations to fashion ...

10 places in Singapore that make you feel like ...

herworldplus.com 25 Mar '17, 5am

Get the latest trends and news on fashion, shopping, beauty, lifestyle, relationships & celebs and invitations to fashion ...