
Coal is increasingly unviable both financially and environmentally and is ceasing to make sense as an option for investors and governments. This third annual report in the Carbon Tracker’s Powering Down Coal series finds that investments in new renewables beat investments in new coal in all major markets when comparing the levelized cost of energy for both.
This report sets out the opportunity for China to engage with emerging international policy and market developments around nature and biodiversity and their role in debt markets.

In this report we identifies seven key investment areas for China’s zero-carbon transition: resource recycling, energy efficiency, demand-side electrification, zero-carbon power generation, energy storage, hydrogen, and digitalization.

The paper details the recent history of ecological civilisation and identifies how the concept has contributed towards China’s increasing environmental ambition, both domestically and internationally.
This report provides an overview of the potential for climate finance, green finance and innovative finance to accelerate China’s decarbonization and support its transition to a green economy.