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US says China's coal pledge bodes well for climate summit

China's pledge to stop financing coal projects abroad is a fine basis for success at the forthcoming COP26, says US Special Presidential Envoy for Climate John Kerry.

Photo: POOL/REUTERS / X80003

That China has pledged to not establish new coal-fired power plants abroad bodes well for achieving success at the United Nations' climate summit, COP26, to be held in Glasgow, Scotland, later this year.

So says US Special Presidential Envoy for Climate John Kerry upon Chinese President Xi Jinping's speech at the UN General Assembly on Tuesday, wherein he said China will cease financing "coal-fired power projects" in developing countries.

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