G-20 pledges to end financing of new foreign coal plants

But leaders fail to bolster other climate protection efforts ahead of COP26

20211031N coal power plant germany REUTERS

A coal power plant in Jaenschwalde, Germany. G-20 leaders agreed to end financing of new unabated coal power generation abroad. © Reuters

RHYANNON BARTLETT-IMADEGAWA, Nikkei staff writer

ROME -- The Group of 20 major economies agreed to end financing of new unabated coal power generation abroad by the end of this year, the leaders of these nations said Sunday at the end of their two-day summit in Rome.

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