It’s off: World Bank will not finance the Kosovo C plant – the last exception to its “no coal” policy | Image credit: Grist.org

Fossil Fuels

World Bank drops Kosovo C, Delhi shuts down Badarpur coal plant

By Editorial Team / October 16, 2018
LinkedInWhatsAppTelegram

World Bank has announced it will not be financing the 500MW Kosovo C coal plant – thus potentially ending direct financing for any new coal power plant across the world. The announcement echoes Standard Chartered Bank’s similar announcement in September.

Meanwhile Delhi has finally shut down the NTPC-run Badarpur coal power plant on October 15th. The ageing plant was estimated to account for as much as 11% of the city’s toxic PM2.5 concentrations and was ordered to be shut down by the Environmental Pollution Control Authority (EPCA) in October 2017.

About The Author

Editorial Team

A team of handpicked and dedicated writers committed to fact check each climate-related statement. Go to the roots and intent of each policy implemented, internationally and at home to help you understand climate better

See author's posts

LinkedInWhatsAppTelegram

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Carbon Copy
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.