The G7 sees coal as incompatible with Paris goals
G7 to halt new support for unabated coal by year-end
Countries to focus on accelerating progress of technologies including hydrogen, batteries and carbon capture, usage and storage
The G7 nations have committed to end new direct government support for unabated thermal coal power generation by the end of this year, according to a statement issued following recent talks hosted by the UK. “To accelerate the international transition away from coal, recognising that continued global investment in unabated coal power generation is incompatible with keeping 1.5°C within reach, we stress that international investment in unabated coal must stop now,” the G7 says. “Domestically, we commit to achieve an overwhelmingly decarbonised power system in the 2030s” G7 statement The ban on direct support includes Official Development Assistance, export finance, investment, and int
Also in this section
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
