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Home » News » China’s Overseas Coal Financing Pledge Yet to Boost Renewable Funding, Says Boston University Study
Finance

China’s Overseas Coal Financing Pledge Yet to Boost Renewable Funding, Says Boston University Study

By Stanley SheltonNovember 14, 20232 Mins Read
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China's commitment to cease overseas coal financing has not translated into increased funding for renewable projects, as the nation's development banks recorded zero new energy sector loans for the second consecutive year in 2022, according to researchers at Boston University. In 2021, President Xi Jinping announced China's decision to halt financial support for overseas coal

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