CoAct Database
Global Coal to Clean Power Transition Statement
The undersigned commit to work together to make clean power the most affordable and accessible option globally, with ensuing economic and health benefits as we build back better from the COVID pandemic.
The shared vision is to accelerate a transition away from unabated coal power generation, as is essential to meet our shared goals under the Paris Agreement, in a way that benefits workers and communities and ensures access to affordable, reliable, sustainable and modern energy for all by 2030 (SDG7).
The undersigned commit to the following actions to drive this global transition forward, and we encourage others to make similar commitments: 1) To rapidly scale up their deployment of clean power generation and energy efficiency measures in their economies, and to support other countries to do the same, recognising the leadership shown by countries making ambitious commitments, including through support from the Energy Transition Council; 2) To rapidly scale up technologies and policies in this decade to achieve a transition away from unabated coal power generation in the 2030s (or as soon as possible thereafter) for major economies and in the 2040s (or as soon as possible thereafter) globally, consistent with their climate targets and the Paris Agreement, recognising the leadership shown by countries making ambitious commitments, including through the Powering Past Coal Alliance; 3) To cease issuance of new permits for new unabated coal-fired power generation projects (New’ coal-fired power generation projects are defined as coal-fired power generation projects that have not yet reached financial close), cease new construction of unabated coal-fired power generation projects and to end new direct government support for unabated international coal-fired power generation, recognising the leadership of countries making ambitious commitments, including through the No New Coal Power Compact; 4) To strengthen their domestic and international efforts to provide a robust framework of financial, technical, and social support to affected workers, sectors and communities to make a just and inclusive transition away from unabated coal power in a way that benefits them, and expands access to clean energy for all, recognising the leadership of countries endorsing the COP26 Just Transition Declaration. The undersigned recognize that countries, workers, and communities in the developing world require support to transition from coal and realise a sustainable and economically inclusive energy future, and that international co-operation will be needed to provide such support.
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| No targets have been defined | |