G-7 vows to halt funding for coal-fired power generation

Politics Economy

Environment ministers from the Group of Seven industrialized nations agreed Friday to take concrete steps by the end of the year to stop government funding for coal-fired power generation as part of efforts to curb global warming. "(We) commit to take concrete steps towards an absolute end to new direct government support for unabated international thermal coal power generation by the end of 2021, including through Official Development Assistance, export finance, investment, and financial and trade promotion support," the ministers said in a communique released after their two-day online meeti...

Kyodo News

Kyodo News