Since 2013, public finance from China, Japan and South Korea accounted for more than 95% of total foreign financing toward coal-fired power plants. This financing enabled the construction and operation of coal power plants in developing countries, where investment in power supply does not match demand. These investments also came at a time when the global carbon budget was already overstretched.
Tiếp tục đọc “South Korea and Japan Will End Overseas Coal Financing. Will China Catch Up?”