Princeton: East Asian Development Banks are Now Largest Public Financiers of Global Power Sector, Particularly Coal
April 03, 2021
April 03, 2021
PRINCETON, New Jersey, April 3 (TNSJou) -- Princeton University's School of Public and International Affairs issued the following news release:
While the World Bank and other multilateral development banks are increasingly investing in renewable technologies and phasing out coal power financing, several of the world's largest national-level funders -- East Asian development finance institutions -- are among the last public financiers supporting coal power plants.
While the World Bank and other multilateral development banks are increasingly investing in renewable technologies and phasing out coal power financing, several of the world's largest national-level funders -- East Asian development finance institutions -- are among the last public financiers supporting coal power plants.