France’s “War on Coal Abolition” further strengthens the encirclement of Japan Coal-fired power generation is targeted as part of global warming countermeasures, yet Japan is not a member of the International League for Abolition of Coal | JBpress

Coal-fired power generation is a target for global warming countermeasures, yet Japan is not a member of the International League for a Coal-Free Phaseout

(International journalist Masato Kimura)

“Accelerating Coal Transition” Initiative to Shift Finances to Clean Energy

[Dubai]The siege against Japan, which is having a hard time breaking free from its addiction to coal, is tightening. At the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (COP28), held in Dubai, United Arab Emirates (UAE), France will focus on nuclear power and renewable energy, while shifting funding from coal to clean energy. The Coal Transition Accelerator initiative was launched to accelerate the transition to coal.

According to the French government, the initiative calls on the World Bank to lead a strategy to reduce the cost of investing in clean energy in emerging and developing countries in order to triple renewable energy investment and deployment by 2030. . Establish a Coal Transition Commission to propose options and solutions to secure public and private funding to support the transition from coal to clean energy.

The Organization for Economic Co-operation and Development (OECD), with support from the International Energy Agency (IEA), has also adopted the Gold Standard, which assesses the climate change and financial risks associated with private investment in new coal-fired power plants. ” and encourage a shift in investment from coal to clean energy.

Last year, global coal demand reached a record high of 8.3 billion tonnes. In addition, new coal-fired power plants with a total capacity of more than 500 gigawatts are being planned and constructed. An analysis by the International Energy Agency (IEA) shows that 92 gigawatts of coal-fired power generation capacity will need to be retired worldwide each year to meet the Paris Agreement goal of limiting the rise in global average temperatures to 1.5 degrees Celsius above pre-industrial levels.