Rich Club is ‘dur’ in coal

The United Kingdom, USA, Japan, Canada, Germany, France and Italy responsible for Climate and environmental G7 ministers have refirmed their commitment to limit global warming with 1.5 degrees Celsius by bringing together in 20 and 21 May. G7 countries, called Richler Club, agreed on the end day of the meeting, the financial support for oversea coal projects until the end of 2021 to meet these climate change targets.

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] In the statement, the symptoms that coal electricity production is incompatible with the goal of 1.5 degrees of global investment, the international investments for coal that continue without speed cutting have been noted that no longer stops. In the description, "We are committed to taking concrete steps to give an absolute end to the new direct government support for international coal plants, including the support of investment and trade, "Resmi Development Aid, export financing, investment and support of trade". The Group also undertakes to promote the growing international public and private capital flow for investments compatible with the Paris Agreement. [