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Billions of dollars being used to fund coal power in Africa and Asia

Envirotec Magazine

From 2013 to 2019, USD 42 billion was committed to grid-connected coal power plants in the 18 countries studied. Ahead of this year’s UN High-level Dialogue on Energy and COP26, the brief recommends a reevaluation of the current geography-based carbon accounting system, which allocates emissions to countries based on their physical origin.