China has introduced that no new coal-fired power plants will be constructed outside of the country. President Xi Jinping made the announcement at some point in his presentation to the United Nations General Assembly. As a part of its Belt and Road Initiative program, which is a massive infrastructure project, China has been helping coal projects in international locations like Indonesia and Vietnam. However, as the globe works to fulfill the goals of the Paris Climate Agreement, pressure is mounting to stop the funding. “China will enhance its support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad,” Mr. Xi declared in a video clip shown during the yearly summit. For the first time in several years, the country did not finance any coal projects in the first half of 2021. China is also the world’s largest emitter of greenhouse gases, and most of its domestic energy needs are met with coal. He was referring to statements from last year that China will achieve maximum emissions by 2030 and then be CO2-neutral by 2060.