London Climate Action Week
25th June • 8:30am – 10:00am • Guildhall
As we approach the 10-year anniversary of the Paris Agreement, we have the opportunity to reflect on the significant effect it has had on coal power. The Agreement underlined the need for a complete transformation of our economies and societies, sending a signal that spurred tremendous progress in phasing out coal. For example, since 2015, the global pipeline of new coal power plants has fallen by 76% and three-quarters of OECD countries have taken steps that will allow them to eliminate coal power by 2030. Countries moving away from coal are seeing clear economic benefits, enabling them to build more competitive green supply chains, access lower energy prices, and fuel economic growth.
However, despite the vast benefits, challenges remain, especially in emerging economies with younger coal fleets and growing energy demand. There is still much to be done to support these economies through their transitions to clean power. By including clear commitments to No New Coal and plans to transition away from coal in their Nationally Determined Contributions (NDCs) due in the run-up to COP30 this year, coal-dependent countries can give communities, utilities and investors the certainty they need to mobilise support.
Held at London Climate Action Week on June 25th at 8:30 – 10:00am BST, this Powering Past Coal Alliance event will showcase the progress made in this 10-year period, explore key learnings, and outline what must be done next.
Event hosts UK Minister of State for Climate, Kerry McCarthy, and the Ambassador of Chile to the United Kingdom, Ximena Fuentes Torrijo, alongside other high-level government speakers, will share inspiring and informative case studies demonstrating how coal-to-clean transitions can be done rapidly and effectively, whilst protecting local communities and workers. Investors, businesses, and financial institutions will also discuss how the challenges of coal to clean transitions can be met through international cooperation, investment, and solutions tailored to national contexts.
Speakers and an agenda will be announced in the coming days.
