COLOMBO (News 1st); Sri Lanka signed a pledge with six other countries to stop building new coal power plants. This pledge ‘The No New Coal Compact” initiated by the United Nations includes the Democratic Socialist Republic of Sri Lanka; Republic of Chile; Kingdom of Denmark; French Republic Federal Republic of Germany; United Kingdom of Great Britain and Northern Ireland; and Montenegro. The countries that are committed to a No New Coal Compact, will immediately cease the issuance of new permits for unabated coal-fired power generation projects and cease new construction of unabated coal-fired power generation projects as of the end of 2021. Over 35 countries — ranging from Small Island Developing States to major emerging and industrialized economies — made significant new energy commitments in the form of Energy Compacts. Additionally, several new partnership initiatives were announced, aiming to provide and improve access to reliable electricity to over a billion people.

Source: The Nation September 24, 2021 18:00 UTC