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India, Indonesia and Philippines join coal transition programme
(Reuters, 4 Nov 2021) India, Indonesia, South Africa and the Philippines account for 15% of global emissions related to coal, cutting their emissions more quickly will help 2050 global net zero effort.
India, Indonesia and the Philippines will join South Africa as the first recipients of a multibillion dollar pilot programme aimed at accelerating their transition from coal power to clean energy, the Climate Investment Funds (CIF) said on Thursday.
The four countries account for 15% of global emissions related to coal, the dirtiest fossil fuel. Cutting their emissions more quickly will help the global effort for net zero carbon emissions by 2050, a key goal of the ongoing United Nations COP26 climate summit in Glasgow, Scotland.
Indonesian Energy Minister Arifin Tasrif said his country was committed to reducing and replacing its coal power plants with renewables in energy transition.
"Climate change is a global challenge that needs to be addressed by all parties through leading by example," he said in a statement.
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Reuters, 4 Nov 2021: India, Indonesia and Philippines join coal transition programme
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