With six nations accounting for over 80% of planned new coal projects globally, winning commitments to cancel those projects could help November's COP26 U.N. climate summit in Scotland "consign coal power to history" — a key goal of organizer Alok Sharma.
Proposed new coal power capacity globally has plunged 76% since the Paris Agreement in 2015, with 44 countries agreeing to end new projects, according to a report by think tank E3G released on Tuesday.
Asia however is still at the center of the world's remaining pipeline, which means action by six countries alone — China, India, Vietnam, Indonesia, Turkey and Bangladesh — could remove over four-fifths of planned projects before construction.