the essential Vietnam, Egypt and Chile are getting involved, but also major consumers of coal such as Poland.
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The signatory nations undertake to phase out coal-fired energy, from 2030 for developed economies, from 2040 for developing countries. It is “a decisive turning point in the global transition of clean energy”, the British government rejoices in a press release.
Powers like China and Japan had already announced that they would no longer finance coal abroad at the end of the year 2021.