Join Sustainable Energy for All (SEforALL) and Climate Policy Initiative for the virtual launch of a new knowledge brief on Coal Power Finance in High-Impact Countries, part of SEforALL’s Energizing Finance research series.
The recent downward trend of global investment in coal fired power plants reflects the growing sentiment that new coal generation is misaligned with achieving a net zero economy by 2050. But this broad trend does not necessarily hold in the context of South Asian and Sub-Saharan African high-impact countries, those with the largest energy access gaps.
Despite geopolitical, environmental, technological, public policy and economic challenges facing coal, pockets of funders continue to finance additional coal capacity in these countries.
This new research identifies which high-impact countries are receiving finance for coal fired power, the sources of this investment, its key drivers and the risks attached. The research also offers a series of recommendations to accelerate coal phase-out in favor of more cost-effective renewable energy solutions that support both increased energy access and the transition.
Agenda:
10 a.m. EST / 4 p.m. CET | Opening remarks and introduction to the Coal Power Finance in High-Impact Countries knowledge brief Olivia Coldrey, Head of Energy Finance and Clean Cooking, SEforALL |
10:05 a.m. EST / 4:05 p.m. CET | Presentation of main research findings and recommendations Kyle Blocher, Analyst, Climate Policy Initiative |
10:20 a.m. EST / 4:20 p.m. CET | Panel discussion Moderator: Olivia Coldrey, Head of Energy Finance and Clean Cooking, SEforALL Panelists: Vibhuti Garg, Energy Economist, Lead India, IEEFA Rebekah G. Shirley, Director of Research, Data & Innovation, WRI, Africa Patrick Tonui, Head of Policy and Regional Strategy, GOGLA |
10:45 a.m. EST / 4:40 p.m. CET | Audience Q&A |
10:55 a.m. EST / 4:55 p.m. CET | Closing remarks Olivia Coldrey, Head of Energy Finance and Clean Cooking, SEforALL |