Africa: It’s a Deal – Wealthy Nations Pledge Not to Build New Unabated Coal-Power Plants

Coal has been a major contributor to global carbon dioxide emissions, but a COP29 deal aims to phase out new unabated coal power plants to align with net zero goals. The coalition of nations, including Australia, is pushing for the transition away from fossil fuels, despite a recent increase in coal power capacity. Climate financing and just transitions are key priorities at COP29 to support developing countries in moving towards renewable energy and away from fossil fuels.

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