2021-10-26
http://w3.windfair.net/wind-energy/news/38745-seforall-cpi-company-bank-global-africa-asia-financing-coal-fossil-fuels-investment-energy-transition-brief-research-china-phase-out

Jeopardizing the global energy transition

Image: SEforALL Image: SEforALL
New research published by Sustainable Energy for All (SEforALL) and Climate Policy Initiative (CPI) highlights the fact that companies and banks continue to finance additional coal-fired generation capacity in South Asia and Sub-Saharan Africa.

Official Press Release SEforALL :

New research finds USD billions to coal power projects in Africa, Asia jeopardizing energy access, climate agendas

Chinese state-owned institutions, world’s largest banks continue to finance coal power in countries with greatest needs for electricity access; USD 42 billion committed to grid-connected coal power plants between 2013-2019 in 18 countries studied

New research published today by Sustainable Energy for All (SEforALL) and Climate Policy Initiative (CPI) highlights a troubling trend in the fight against climate change and push to deliver universal electricity access: despite environmental, economic and many other challenges facing coal, pockets of funders continue to finance additional coal-fired generation capacity in South Asia and Sub-Saharan Africa. The ... More: Official Press Release SEforALL

Keywords:
SEforALL, CPI. company, bank, global, Africa, Asia, financing, coal, fossil fuels, investment, energy transition, brief, research, China, phase out







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