Sentences with phrase «end coal financing»

Not exact matches

• Leads global sector public financing towards cleaner energy by calling for the end of U.S. government support for public financing of new coal - fired powers plants overseas, except for the most efficient coal technology available in the world's poorest countries, or facilities deploying carbon capture and sequestration technologies; and

As part of his climate change initiative announced in June, President Obama declared, «Today I'm calling for an end of public financing for new coal plants overseas unless they deploy carbon capture technologies, or there's no other viable way for the poorest countries to generate electricity.»

Now it is time for the rest of the world's richest countries to commit to end financing for coal and instead use their investments to support clean energy.

Meanwhile, the World Bank, the European Investment Bank, and the European Bank for Reconstruction and Development have also committed to end financing for new coal plants.

President Francois Hollande announced an end to export credit financing for coal, making France the latest domino to fall as countries and banks commit to ending support for this deadly fossil fuel, whose pollution kills up to 100,000 people in India and 250,000 people in China every year.