US, Japan & others to mobilise $20 billion to accelerate Indonesia's coal phase-out goals

Sharm el-Sheikh: Several countries, including the US and Japan, have come together to raise $20 billion in public and private finance to help Indonesia close its coal-fired power plants and move coal peak emissions date by seven years to 2030, Reuters reported.

Rich countries stick to coal phase-out timelines as China expands fleet: Report

London/Sharm El-Sheikh: Even as the rich countries continued to adhere to their pledge to phase out coal power despite a paucity of energy in the aftermath of the Ukraine War, the expansion in Coal mining activities by China will hinder the impacts of the closures, according to media reports.