In 2017, the PPCA was launched by the British and Canadian governments at COP23. Since then, it’s grown rapidly from 27 initial members to over 180. Through working with its members and partners, the PPCA aims to accelerate the transition away from coal power by helping set ambitious phase-out dates, sharing best practice, and unlocking international finance.
The PPCA is at the forefront of the global effort to deliver the Paris Agreement. Phasing out unabated coal-fired electricity is one of the most important steps to tackle the climate crisis. The IEA found that CO2 emitted from coal combustion was responsible for over a third of the 1°C increase in global average annual surface temperatures above pre-industrial levels. This makes coal the single largest source of global temperature increase. To meet the Paris Agreement, analysis shows that unabated coal phase-out is needed no later than by 2030 in the OECD and EU, and no later than by 2040 in the rest of the world.
The PPCA encourages all members to endorse the PPCA Declaration.
Government members commit to phasing out existing unabated coal power generation and to a moratorium on any new coal power stations without operational carbon capture and storage, within their jurisdictions.
Business and other non-government members commit to powering their operations without coal.
All members commit to supporting clean power generation through their policies (whether public or corporate, as appropriate) and investments, and to restricting financing for unabated coal power generation, i.e. without carbon capture and storage
In addition to supporting the PPCA Declaration, financial institutions as members of the PPCA commit to the PPCA’s Finance Principles, which include no new financial services and investments for unabated coal-fired power and advocacy for the phase-out of existing capacity.
READ OUR STORY PPCA DECLARATIONIn order to ensure a just transition away from coal and fossil fuels, which brings all regions and citizens on board and leaves no one behind, targeted policy measures and enabling conditions are needed.
The PPCA is facilitating cooperation among governments, business and the private finance sector to shift finance so that it supports a just transition away from coal, particularly in emerging economies.
Subnational members commit to using all policy and regulatory levers under their authority to phase out unabated coal power in line with the PPCA Declaration.
The PPCA and its members affirm that clean energy - not coal - is the solution to the energy security crisis.
Grid and Utility members are concerned about the provision of reliable and cost-effective power as the grid transitions to clean energy.
Our work with the Coal Transition Commission (CTC) is helping us to outline how governments, public finance, and private finance can work together to move emerging economies away from coal.
We showcase your achievements in phasing out coal to governments and businesses around the world.
We share lessons and adopt practical initiatives to support your transition away from coal.
We create opportunities for you to improve coal phaseout plans of other governments and businesses.
The PPCA Declaration was launched on 16 November 2017, at COP23 in Bonn. It sets out our collective commitment to accelerate the transition from coal to clean energy. We commit to achieve that phase-out in a sustainable and economically inclusive way, including appropriate support for workers and communities. We will also encourage our peers to join us in the Powering Past Coal Alliance to build a better world for our kids and grandkids.
