CarbonCopy Logo
CarbonCopy Logo

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

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

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


By Editorial Team | October 16, 2018

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.

Share

LinkedInXFacebook

ABOUT THE AUTHOR

Editorial Team

Editorial Team

A team of handpicked and dedicated writers committed to fact check each climate-related statement. They go to the roots and intent of each policy implemented, internationally and at home, to help you understand climate better.
SEE AUTHOR'S POSTS