Xi tells UN China will stop funding new overseas coal power projects

Xi Jinping, China's president, addressed the UN General Assembly in New York, the US. Picture: MICHAEL NAGEL/BLOOMBERGChinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the UN General Assembly to add to pledges to deal with climate change.

“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,” Xi said in his pre-recorded video address at the annual UN gathering, in which he stressed China’s peaceful intentions in international relations.

Xi spoke after US President Joe Biden gave his first UN address. Biden mapped out a new era of vigorous competition without a new Cold War despite China’s rise. China, the world’s largest greenhouse gas emitter, is still heavily reliant on coal for its domestic energy needs. Hours earlier, without mentioning China by name, Biden said democracy would not be defeated by authoritarianism.

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