G20 to end finance for dirty coal plants abroad by year-end: Draft

According to the final communique, the Group of 20 leaders also agreed to end public financing for coal-fired power generation abroad, but set no target for phasing out coal domestically -a clear nod to top carbon polluters China and India.

AFP
A general view shows the G20 Italia 2021 logo
The world's most advanced nations will stop financing "unabated" coal plants abroad by year's end, G20 leaders wrote in a draft statement Sunday seen by AFP.

The G20 will "put an end to the provision of international public finance for new unabated coal power generation abroad by the end of 2021," said the draft, referring to fossil fuels whose emissions have not gone through any filtering process.
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