China’s president Xi Jinping has pledged to end the financing of new coal power plants overseas, but stopped short of ending support for the fossil fuel at home.
The world’s largest emitter of greenhouse gases, China accounts for the majority of new coal projects around the world. Coal also comprises a majority of the country’s electricity mix.
Xi on Tuesday reiterated the country’s commitment to achieving carbon neutrality by 2060, as he spoke remotely at the opening meeting of the United Nations General Assembly in New York.
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