China’s dominance in global coal loans is overstated, study finds

Source: China – South China Morning PostJapanese and Western financiers bankroll most overseas coal power plants globally, contrary to the misconception that most new funding comes from public financing entities in China, a Boston University study has found.The study, by the university’s Global Development Policy Centre, said 87 per cent of total financing for overseas coal power projects came from entities outside China, mostly from Japan, the US and Britain.Only 13 per cent of coal power capacity that was operational or under…Read More

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