By Reuters Staff
1 Min Read
TOKYO, April 22 (Reuters) - The Japanese government is going to propose a new target of cutting greenhouse gases by 46 percent from levels recorded in 2013, the Nikkei reported on Thursday. (Reporting by Elaine Lies Editing by Raissa Kasolowsky)
Daily newsletter - sent out five days a week between 02:00 and 03:00 CAT - providing a synopsis of the most important breaking news about real-economy developments in all sectors in South Africa and Africa more broadly.
Updated:
We will strictly control coal-fired power generation projects, says the Chinese President
Share Article
AAA
(From L-R)Russia s President Vladimir Putin, China s President Xi Jinping, Turkey s President Recep Tayyip Erdogan, United Kingdom s Prime Minister Boris Johnson, U.S. President Joe Biden and others are seen on a screen during a climate change virtual summit from the East Room of the White House campus April 22, 2021, in Washington, DC. | Photo Credit:
AFP
We will strictly control coal-fired power generation projects, says the Chinese President
China will start to phasedown coal consumption over the 2026-2030 period as part of itsefforts to reduce climate-warming greenhouse gas emissions, President Xi Jinping told the Climate Leaders Summit onThursday.
First domestic bond tranche raised around $200 million Foreign investors welcome to invest in second tranche in Q3 Project planning $3.4 billion in investment over 2021-2025
ULAANBAATAR, April 21 (Reuters) - Mongolia’s giant Tavan Tolgoi coal mine is aiming to raise 2 trillion tugriks ($700 million) through a bond issue as it tries to build infrastructure needed to replace Australia as one of China’s top coal suppliers, the head of the project said.
Gankhuyag Battulga, chief executive of the state-owned Erdenes Tavan Tolgoi JSC, said Mongolia needs to invest in railways to take advantage of simmering tensions between Beijing and Canberra, which have reduced coal shipments to zero since December.
SunStar Consumer, labor groups protest coal project funding
NEGROS. Members of Konsyumer-Negros and Bukluran ng Manggagawang Pilipino-Negros hold a silent protest against coal project funding in front of the Bacolod Main Branch of the Bank of Philippine Islands along Araneta Street Wednesday, April 21, 2021. (Erwin P. Nicavera photo)
+ April 21, 2021 MEMBERS of Konsyumer-Negros and Bukluran ng Manggagawang Pilipino (BMP)-Negros have staged a silent protest in front of the Bacolod Main Branch of the Bank of Philippine Islands (BPI) along Araneta Street Wednesday, April 21, 2021, to denounce what they call as coal financing of the bank.
Grid Langco, coordinator of Konsyumer-Negros, said they are calling on BPI to stop funding coal-fired power plant projects in the country.