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26 Mar 2022

China's commitment to phase out overseas coal investment

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Xi Jinping announces during an address to the UN general assembly ’s announcement that China is to build new coal-fired power projects abroad. Experts welcome the announcement, but called for more detail and clarity on how it will be translated into reality.

“Many questions can be asked about the announcement, including whether it will be implemented immediately, does it include only financing or also construction, does it apply to state actors only, will it lead to a similar moratorium on fossil fuels?” said Li Shuo, a senior adviser at Greenpeace east Asia.

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