Comes from the financial community
IEA » Coal
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9M ago
Opposition to coal is not new, but in recent years an increasing number of governments have announced policies to restrict or prohibit financing for coal projects and investments. Further momentum to restrict financing for coal , where many institutional investors, pension funds, banks, insurance companies and others have committed to reduce or end their involvement in coal.  ..read more
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Announced that it will phase out
IEA » Coal
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9M ago
In February 2023 the Sumitomo Mitsui Banking Corporation (SMBC) announced that it will phase out project and corporate financing of coal mining projects and coal-fired power plants by 2040. Although SMBC did not specify a detailed timeline for the phase-out, it noted that this will include funding for new mines, expansion of existing mines and related infrastructure.  ..read more
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Approved the budget of CZK 40 billion
IEA » Coal
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9M ago
approved the budget of CZK 40 billion (Czech Koruna) to transform the coal regions of Karlovy Vary Moravian-Silesian and Ústí with the aim of increasing the quality of life of its inhabitants, restoring the area, and developing clean energy.   ..read more
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Signed a social contract
IEA » Coal
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9M ago
, government and mining union delegates have that sets out a specific timetable for discontinuing hard coal mining at each production unit by the end of 2049.   ..read more
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Just energy transition programme
IEA » Coal
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9M ago
passed legislation to establish a for the coal-dependent state of Santa Catarina. Under the law, Brazil will phase-out coal-fired power generation by 2040 and set out a plan to prepare the region for the coal phase-out.  ..read more
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Removal of the 35% production cap
IEA » Coal
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9M ago
Germany accounts for most of the additional coal-fired capacity, with almost 10 GW for the 2022 and 2023 winter. In the Netherlands, the removal of the 35% production cap on coal-fired plants will add another 3.8 GW. Under confirmed plans, overall coal-fired capacity will increase by about 15% (19 GW) to 146 GW in the European Union and the United Kingdom combined.  ..read more
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To bring reserve capacity back into the market or to postpone closure dates
IEA » Coal
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9M ago
Russia's invasion of Ukraine and the ongoing energy crisis have forced the European Union and individual countries to take measures to enhance security of electricity supply amid low nuclear availability and tight gas markets. The United Kingdom and several countries in the European Union have decided – or are discussing plans – to bring reserve capacity back into the market or to postpone closure dates ..read more
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MODS & IEA Data Services Group Package
IEA » Coal
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11M ago
The most complete and comprehensive package of IEA data: all of the IEA historical data services plus the Monthly Oil Data Service and Monthly Gas Data Service ..read more
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Methane Tracker Database 2023
IEA » Coal
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1y ago
Database of country and regional estimates for methane emissions and abatement options ..read more
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National Reliance on Russian Fossil Fuel Imports
IEA » Coal
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1y ago
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