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NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises

Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report."Publicly funded institutions like the Asian Development Bank must include robust coal exclusions in contracts. in order to end coal finance for good," said Daniel Willis, finance campaigner at NGO Recourse. ....

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Fossil fuel demand to peak before 2030 even with no new climate policies: report

The IEA says this means that no new major oil and gas extraction projects are needed anywhere around the globe, nor any new coal mines or unabated coal plants. ....

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Report says China responsible for most new coal power

The amount of capacity planned or under construction around the world reached 537 GW last year, with China accounting for 68 percent of the total ....

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As world turns away from coal, China building more coal-powered plants

The amount of capacity planned or under construction around the world reached 537 GW last year, with China accounting for 68 percent of the total ....

Antonio Guterres , Global Energy Monitor Flora Champenois , U Global Energy , European Union Or North America , General Antonio Guterres , Global Energy , Global Energy Monitor , Flora Champenois , European Union , Un Secretary General , Antonio Guterres , Oal Powered Electric Generating Plants , Coal Consumption , Global Energy Monitor , Goal Projects ,

IFC will no longer allow financial intermediary clients to support new coal projects

An extension of the coal reduction policy to all lending will act as a strong impetus for Indian financial institutions to strengthen their own policies on coal reduction. ....

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