It’s off: World Bank will not finance the Kosovo C plant – the last exception to its “no coal” policy | Image credit: Grist.org

World Bank drops Kosovo C, Delhi shuts down Badarpur coal plant

World Bank has announced it will not be financing the 500MW Kosovo C coal plant – thus potentially ending direct financing for any new coal power plant across the world. The announcement echoes Standard Chartered Bank’s similar announcement in September.

Meanwhile Delhi has finally shut down the NTPC-run Badarpur coal power plant on October 15th. The ageing plant was estimated to account for as much as 11% of the city’s toxic PM2.5 concentrations and was ordered to be shut down by the Environmental Pollution Control Authority (EPCA) in October 2017.

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