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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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NOVEMBER 26, 2019

Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
Coal Clean Cleaning Financing 243
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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

OCTOBER 31, 2017

Avoiding new coal-fired power plants and accelerated phasing out of existing plants—while ensuring careful handling of issues such as employment, investor interests and grid stability—would help the emissions picture. There are an estimated 6,683 operating coal-fired power plants in the world, with a combined capacity of 1,964 GW.

Environment 150
Environment Climate Change Coal Climate 150
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