Cost of compensating coal loss in giant economies higher than current existing climate finance, report finds

Published 09:56 on May 13, 2024  /  Last updated at 09:56 on May 13, 2024  / /  Asia Pacific, China, International, Other APAC

Phasing out coal in the world’s two most populous nations with the kind of financial support offered to coal-dependent communities in Europe and Asia would cost 10 times as much and exceed current international climate financing, a study has found.
Phasing out coal in the world’s two most populous nations with the kind of financial support offered to coal-dependent communities in Europe and Asia would cost 10 times as much and exceed current international climate financing, a study has found.


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