BRIC,G20,South Asian Association for Regional Cooperation (SAARC)
14-06-2421
Work Detail
eConsult Potential approaches to repurposing of coal assets in developing countries Potential approaches to repurposing of coal assets in developing countriesBB BANK BUDGET TF016351 CTF Administrative Services Budget Admin Unit Despite the developments supporting transformation of the energy sector in recent times energy related carbon dioxide emissions have continued to rise over the last five years and reached record levels in 2018 According to IEA CO2 emitted from coal combustion was responsible for over 0 3 C of the 1 C increase in global average annual surface temperatures above pre industrial levels making coal the single largest source of global temperature increase While a phase out of coal is occurring the process is slow as significant social economic and political challenges remain to be resolved The need for a country buy in focus on economic regeneration opportunities for the people and communities in the coal dominated regions and handling of the stranded assets issue are critical components of an effective approach to tackling a transition away from coal and towards cleaner sources of energy
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