Coal power
China to stop backing projects
Sign up now: Get insights on Asia's fast-moving developments
Chinese President Xi Jinping has vowed in a speech at the United Nations that China would not build new coal-fired power projects abroad, which could significantly limit the financing of coal plants in the developing world.
China is facing heavy diplomatic pressure to end its support for coal financing overseas to help the world meet the goals of the Paris Climate Agreement to reduce carbon emissions.
