ICSC lauds stronger calls, bolder moves for climate action at UNGA 2021

MANILA, 22 September 2021 -- Chinese President Xi Jinping and United States President Joseph Biden pledged climate and energy commitments today at the 76th United Nations General Assembly (UNGA), answering calls for urgent climate action from President Rodrigo Duterte and other world leaders. Xi vowed that China will halt new coal-fired power projects abroad, following similar announcements by South Korea and Japan earlier this year. The three countries are the top public financiers of coal overseas, accounting for over 95% of total international coal financing since 2013 -- including in the Philippines -- with China being the biggest funder. Biden told the [...]

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