Coal power finance in high-impact countries

Investment in new coal-fired power plants persists globally despite misalignment with a net-zero economy and the falling costs of renewable energy technologies. This knowledge brief highlights the political and economic dynamics underpinning recent investments in coal-fired power in 18 high-impact countries (HICs), defined as the countries with the highest absolute gaps in access to electricity. South Asian HICs Bangladesh, India and Pakistan have received the majority of finance commitments to new coal plants since 2013, and African HICs Madagascar, Mozambique, Malawi, Niger and Tanzania all host active coal plant development.

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