About: http://data.cimple.eu/news-article/78bc2d6e13b3f1ead373bc4188d308318c5996e6fc34ccce97b6cfc6

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About: http://data.cimple.eu/news-article/78bc2d6e13b3f1ead373bc4188d308318c5996e6fc34ccce97b6cfc6 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	South Korea will stop funding coal-powered plants overseas, President Moon Jae-in told a US-led summit Thursday, as he vowed a larger role in fighting climate change. The progressive president said he was expanding a decision at home to phase out coal, the dirtiest form of energy. "Korea will end our public financing for overseas, coal-fired power plants," Moon told the summit convened by President Joe Biden. "It is imperative for the world to slow down coal-fired power plants, although developing countries that will struggle due to the heavy dependence on coal should be given due consideration and proper support," he said. Moon said that Asia's fourth largest economy was committed to going carbon neutral by 2050 and would "aim to enhance" its goals by 2030. The United States, Japan and Canada all sharply raised ambitions during Biden's summit. Environmentalists widely expect that South Korea will announce actions when it hosts its own gathering on climate next month. South Korea, which in 2010 joined the club of donor nations under the Organization for Economic Cooperation and Development, has generously funded coal plants in Asia including in Vietnam, Indonesia and Bangladesh. A Greenpeace study said that South Korea pumped around $5.7 billion into overseas coal plants between January 2013 and August 2019. China and Japan are the other major funders of coal projects outside their borders. Helen Mountford, vice president for climate and economics at the World Resources Institute, hailed the South Korean decision as "historic" in turning the tide against coal. "The announcement sends a strong signal that the era of dirty fossil fuels is coming to a close," she said. sct/dw
schema:headline	South Korea ends aid for coal plants overseas
schema:mentions	Carbon neutrality Energy independence Deutsche Welle Energy policy Developing country Greenpeace Moon Jae-in Fossil fuel Asia Moon Vietnam Bangladesh South Korea Global warming Indonesia Japan Canada Joe Biden United States China President of the United States World Resources Institute Imperative mood Coal-fired power station
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	73 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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