World Bank to cut financing for coal plants

A summary of today’s top climate and clean energy stories.
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Coal-fired power plants are coming under fire from the World Bank. (Source: Ferrybridge)

US: The World Bank’s board on Tuesday agreed to a new energy strategy that will limit financing of coal-fired power plants to “rare circumstances,” as the Washington-based global development powerhouse seeks to address the impact of climate change. (Reuters)

Balkans: A new report underlines that international financial institutions must offer more support for renewables rather than fossil fuels if Croatia and its Balkan neighbours are ever to catch up with the renewable energy capacity of other EU states. (EWEA)

Lithuania: At the meeting with the Vice Chairman of China’s National Development and Reform Commission Xie Zhenhua on Tuesday, the Lithuanian Minister of Foreign Affairs Linas Linkevicius stressed that all the countries in the world should seek to stop climate change by making efforts to reduce greenhouse gas emissions. (The Baltic Course)

Ghana: Parliament yesterday joined the debate about climate change with MPs calling on the House to exercise its oversight responsibility by ensuring a climate-sensitive budget capable of dealing with the menace posed by depletion of the ozone layer. (Ghana Web)

US: Last week, 200 self-identified evangelical scientists from secular and religious universities sent a letter to the US Congress calling for legislation to reduce carbon emissions and protect the environment. (Climate Progress)

Pacific: Group of 17 states from the Pacific Islands agree to plan regional climate strategy and push for loss and damage scheme at UN. (RTCC)

UK: The Prime Minister promised to put green issues at the top of his agenda, but the delivery has been disappointing. (RTCC)

Research: Each degree of global warming may raise world sea levels by more than two metres, a new scientific study concludes. (RTCC)

Research: New dye-sensitised solar cells have boosted the power conversion efficiency of cheap next-generation solar cells to 15% making them competitive with traditional silicon photovoltaic cells. (BBC)

UK: Air pollution in London is comparable to that of Beijing, says the Clean Air in London think tank. (RTCC)


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