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Financial gains support coal transition | Hellenic Shipping News Worldwide

Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would generate a sizable financial gain. Tobias Adrian, Patrick Bolton and Alissa M. Kleinnijenhuis from the IMF calculate that the world could gain an estimated $78 trillion over the coming decades by making this ...
Tobias Adrian Warren Patterson Patrick Bolton Melissa Stark Alissam Kleinnijenhuis International Monetary Fund

This is how to accelerate the move from coal to renewables in emerging markets | Hellenic Shipping News Worldwide

As the energy transition gains speed, the transition away from coal to renewable energy sources will play a vital role accelerating it, especially in Emerging Markets and Developing Economies (EMDEs), which are home to 75% of the worldโ€™s coal power. The phasing out of coal will also be fundamental to meet net-zero goals by 2050 ...
Roberto Bocca Futuro Ativo Head Of Energy World Economic Forum Energy Latrobe Valley Authority Asian Development Bank Energy Transition Mechanism

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