3min chapter

China Global cover image

COP26 and China’s Global Climate Agenda

China Global

CHAPTER

Is This a Pledge to Stop Building Coal Fired Plou Power Plants?

The ten largest funders of coal fire power plants globally are chinese banks. They finance nearly 70 % of the world's coal power projects over the last five years. i think that it's significant that china made this announcement, that it was made by the president at unga one year after she had made that carbon neutrality goal announcement. But there's a lot of details yet to be sorted out, and we'll be looking to the chinese government to provide more specifics about what the announcement actually entails.

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