The Glasgow Financial Alliance for Net Zero’s (GFANZ), the world’s largest financial sector grouping to support net zero, proposed on Monday the development of voluntary guidance and practical steps for financial institutions to support the financing of a managed phase-out of coal-fired power plants in Asia.
GFANZ’s Asia Pacific chapter opened consultation on guidance for financing the early retirement of coal-fired power plants in Asia-Pacific as part of a just net-zero transition. Despite the fact that coal power usage globally…Major Climate Alliance Proposes Guidelines For The Phase-Out Of Coal In Asia
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