NGOs: nearly 600 companies with new coal plans

Worldwide, 577 companies continue to develop new coal capacity. This is according to an analysis published today by the NGO Urgewald and 40 partner organizations, which analyzed the coal policies of more than 1,400 companies. Only 71 have set an exit date -with only 41 compatible with the Paris climate agreement. The NGOs are calling for stronger political intervention and more commitment from the financial sector.