China has followed through on its pledge to stop financing new coal projects abroad, a major shift in global climate policy. But according to reporting by The Associated Press, loopholes in how Chinese companies, banks and state-linked actors operate overseas are still helping coal expand in parts of Asia and beyond.
China Ends Direct Overseas Coal Funding, but New Loopholes Keep Plants Rising
R
RDU Global Correspondent
World Politics Desk
Beijing, China 4h ago•4 min read
China has followed through on its pledge to stop financing new coal projects abroad, a major shift in global climate policy. But according to reporting by The Associated Press, loopholes in how Chinese companies, banks and state-linked actors operate overseas are still helping coal expand in parts of Asia and beyond.
Editorial & Verification Notice
Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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