UNITED NATIONS: China will stop funding coal projects overseas, President Xi Jinping announced on Tuesday , all but ending the flow of public aid for the dirty energy contributing to the climate crisis.
"China will step up support for other developing countries in developing green and low carbon energy and will not build new coal-fired power projects abroad," he said. Helen Mountford, vice president for climate and economics at the World Resources Institute, said it was"a historic turning point away from the world's dirtiest fossil fuel".
On a visit to China earlier this month, US climate envoy John Kerry said the addition of more coal plants"represents a significant challenge to the efforts of the world to deal with the climate crisis."
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