Published: May 12th, 2021,
Last updated: May 28th, 2025
By Nora Sausmikat and Katrin Ganswindt
Nora Sausmikat, China Desk, and Katrin Ganswindt, expert for coal and divestment campaigns, both at Urgewald e.V.
China’s coal phase-out has so far been little more than lip service. The country builds and plans a large number of fossil-fuel power plants and invests in corresponding projects worldwide. Even worse, foreign investors continue to pour money into China’s coal industry projects. German financial firms are among them.