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France, backed by the United States, plans to seek a halt to private financing for coal-based power plants during the U.N. climate conference later this month, three sources familiar with the deliberations told Reuters in India and Europe. The plan, which was communicated to India earlier this month, will deepen divisions at the COP28 summit in Dubai running from Nov. 30 to Dec. 12, with India and China opposed to any attempt to block construction of coal-fired power stations for their energy-hungry economies. France's minister of state for development Chrysoula Zacharopoulou told the I...

France, backed by the US, plans to halt private financing for coal-based power plants during the U.N. climate conference. The plan, known as the "New Coal Exclusion Policy", will deepen divisions at the COP28 summit in Dubai. India and China oppose any attempt to block coal-fired power stations for their energy-hungry economies. India plans to resist the push for a fossil fuel phase-out or phase-down at COP28.

President Yoon Suk Yeol called Thursday for imposing tough punishments on illegal private lenders who charge interest rates of thousands of percent, saying it is the state's duty to protect ordinary and vulnerable citizens from such 'vicious criminals that suck the blood of the weak.'

23/10/2023 - A jam-packed schedule of sessions will be hosted during the event, exploring topics from co-production opportunities to mental health within the industry and green production

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