To accelerate the retirement of coal, we need a scalable incentive framework that offers equitable participation and fair distribution of costs and benefits.
A decade ago, few governments could imagine a future without fossil fuels. But economic realities have changed and developing countries increasingly view the energy transition as a pathway to green growth.
If they are serious about a sustainable future, they must close loopholes and extend coal policies across clients’ entire value chains, denying new financing to companies using coal unless they have credible, time-bound clean energy plans.