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Day: July 7, 2021

Who Funds Overseas Coal Plants and How the G20 Can Advance the Global Coal Phase-out

By Xinyue Ma As more and more countries make concrete domestic decarbonization commitments, it is paramount that national pledges aren’t met by shifting fossil fuel investments overseas. At the G7 Climate and Environment Ministers meeting in May 2021, the group committed “to take concrete steps towards an absolute end to new direct government support for […]

Who Funds Overseas Coal Plants? The Need for Transparency and Accountability

At the June 2021 G7 Summit, leaders made a significant commitment to restrict international investments in coal, but the impact of the commitment was stymied by its exclusion of private finance. There is a misconception that the majority of new funding for overseas coal plants comes from public financing institutions in China, which is partly […]