Without new coal being produced COP26 will be a success

Without new coal being produced COP26 will be a success: By 2021 there will be no new coal if COP26 is a success.

That is the core result of a new analysis by the think-tank E3G, which reveals that the global pipeline of coal power facilities may soon fail.

According to the research, the number of proposed coal power projects worldwide has decreased by 76% since the Paris Agreement in 2015.

During this time, 44 governments have pledged to no new coal, and the study finds that 40 countries now have no new projects in the planning stages and could easily follow suit in committing to no new coal.

Over the previous six years, more than 1.170GW of coal-fired power projects have been cancelled, and the world has avoided a 56 percent growth of the overall global coal fleet – but is this enough?

As of July 2021, India, Vietnam, Indonesia, Bangladesh, Turkey and China make up for around 80 percent of the world’s remaining pipeline, according to the report, and if they took action, 82 percent of the pre-construction pipeline would be removed.

The research emphasises that in order for COP26 to be a success, it must play a role in assisting these countries in refraining from new coal production.

According to the report, China alone accounts for 53 percent of the capacity under construction and 55 percent of the pre-construction pipeline, despite having reduced its pipeline by 74 percent since the Paris Agreement.

If the world pulls together to help the most dependant countries move forward, COP26 might mark the end of coal.

“The collapse of the global coal pipeline and the rise of commitments to ‘no new coal’ are progressing hand in hand.” reads the report.

“Ahead of COP26, governments can collectively respond to UN Secretary General Guterres’ call for ‘no new coal by 2021’. Global trends are positive – governments can seize this moment to confirm their commitment to move from coal to clean energy.”

Without new coal being produced COP26 will be a success :

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