Hungary s coal exit and London s first tiny forest : The Sustainability Success Stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
Published every week, this series charts how businesses and sustainability professionals are working to achieve their Mission Possible across the campaign s five key pillars -
energy, resources, infrastructure, mobility and
business leadership.
In a week where UK headlines were dominated by International Women s Day, projects and initiatives which empower businesses to play their part in achieving a sustainable future, today, continued to launch and scale-up.
Japan, China back coal despite Paris pledges
A coal power plant amidst wind turbines. New research revealed a list of investors to the coal industry despite Paris Agreement commitments to reduce carbon emissions. Copyright: Image by jpplenio from Pixabay. This image has been cropped.
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China is the leading underwriter for the coal industry
This despite both countries commitments towards carbon-neutrality
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10 March 2021
Hungary has become the seventh EU country to plan a coal phase-out by 2025, and the sixth European country to bring forward its coal phase-out plan after announcing it will bring forward the closure of its last coal generator and partially replace it with a solar farm.
Hungary’s Secretary of State for the Development of Circular Economy, Energy and Climate Policy, Attila Steiner, announced at a meeting of the Powering Past Coal Alliance last week that Hungary would bring forward its coal phase-out plan by five years, from 2030 to 2025.
The Hungarian President, János Áder, originally announced at the United Nations Climate Action Summit in New York in 2019 that Hungary would phase out all coal-fired electricity generation by 2030, where he announced plans to increase its solar power capacity ten times by 2030.