Category: Coal Power

By Alex Clark, Christoph Nedopil and Cecilia Springer Formerly the world’s largest public financier of coal, China has committed not to build new coal plants overseas. China has financed between 41 GW and 52 GW of currently operating ...

South Africa's Limpopo Province gave the go-ahead last week for a $10 billion industrial project that includes a 4,600-megawatt coal power plant, a coking facility, and a steel plant. The approval is critical for the development of the controversial Musina-Makhado Special Economic Zone. ...

By Rishikesh Ram Bhandary and Cecilia Han Springer Although Chinese President Xi Jinping announced last year that China will no longer build new coal-fired power plants overseas, the Boston University Global Development Policy (GDP) Center’s China’s Global Power (CGP) Database shows 60 coal ...

The Chinese Foreign Ministry issued a travel warning on Monday for its citizens in both Nigeria and the DR Congo and called on its nationals in high-risk areas in both countries to evacuate immediately. Spokesman Zhao Lijian specifically called on Chinese nationals in the eastern DRC provinces of ...

If you're confused about China's stance on the use of coal, well, you're definitely not alone. This week, China went on a global coal buying binge in a frantic effort to put a stop to rolling ...

China is scouring the globe for new sources of coal in an effort to stem the blackouts that have afflicted millions of residents and businesses in at least nine provinces over the past several weeks. While the ongoing crisis is now threatening China's post-pandemic ...

Many presumed that the $3 billion Sengwa coal-fired power plant project in Zimbabwe was doomed after the Industrial and Commercial Bank of China withdrew its support earlier this year as the project's largest financier. Not so, according to plant's owner RioZim that said in its half-year trading ...

There's been growing excitement among environmentalists around the world that China may finally be ready to abandon its once expansive overseas financing of coal power plants, particularly in Belt and Road member countries. Last week, the Green BRI Center published ...

By Hugo Jones and Lukas Fiala Apocalyptic images reach us from China this week. The immense flooding in Henan province has come with tragic human cost, a typhoon has edged onto China’s eastern coast, and Shanghai is facing torrential rains and winds. These events have already stirred discussions ...

China is indeed the largest government funder of coal power projects around the world, accounting for 50% of coal projects that reached financial closure between 2013 and 2018, according to a new policy brief from Boston University's Global Development Policy Center.

Environmental groups in Zimbabwe are celebrating the news that China's largest bank, the Industrial and Commercial Bank of China (ICBC), has decided not to fund the controversial $3 billion Sengwa coal-fired power plant. This a milestone decision since ...

Back in September 2020, President Xi Jinping announced China would aim for carbon neutrality by 2060, followed by setting more ambitious Nationally Determined Contributions (NDCs) for 2030. Such bold commitments appeared to reflect Beijing progressing towards adopting climate-friendly policies, premised on low-carbon and renewable technologies. ...