Page 9 - AsiaElec Week 40 2021
P. 9

AsiaElec                                          COAL                                              AsiaElec


       21 countries left





       with coal plans






        ASIA             UP to 21 countries around the world have yet  including eight in the OECD and EU, that could
                         to commit explicitly to no new coal, despite 44  immediately commit to ‘no new coal’. 36 of these
                         countries already having committed to never  have no projects in the development pipeline or
                         building a coal power plant again.   under construction. A further four economies
                           New research from green think-tank Ember  (Japan, South Korea, the United Arab Emirates
                         has outlined what would be required for coun-  and Kazakhstan) are currently constructing
                         tries to commit to the “no new coal” target to  plants but have no further pipeline.
                         move their economies away from fossil fuels.  The new October report follows decisions in
                           The research finds that in many countries  late September by seven governments, including
                         there are only a handful or less of coal plants in  Sri Lanka, Chile and Germany, to announce a No
                         the planning, and quite often they are zombie  New Coal Power Compact at the UN General
                         projects, unlikely to ever be built.  Assembly in New York.
                           Ember said that there remain just 21 econ-  They also invited more countries to join the
                         omies that have a pre-construction pipeline of  commitment ahead of the COP26 climate sum-
                         more than one coal plant, with the largest pipe-  mit in November.
                         lines being found in China, India, Vietnam,   The new publication adds to the discovery in
                         Indonesia, Turkey and Bangladesh.    September in E3G’s No New Coal Report that
                           Eighty percent of these countries have pro-  1,175 GW of planned coal-fired power projects
                         jects that are seeking financing from China,  has been cancelled since 2015, while 44 govern-
                         which now face an uncertain future following  ments – 27 in the OECD and EU, 17 elsewhere
                         Beijing’s recent announcement that it will end  – have already committed to no new coal.
                         support for overseas coal projects.    Furthermore, 40 countries – eight in the
                           A further 16 economies have just one pro-  OECD and EU, 32 elsewhere – are without any
                         posed coal plant and could readily commit to no  projects in the pre-construction pipeline and are
                         new coal projects, including Australia, Cambo-  in a position where they could readily commit to
                         dia, Kenya, Kazakhstan, Morocco and Poland.  “no new coal.”™
                           The new report also identifies 40 economies,











































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