International Cooperation and Research
Latest Report Release
Article 6.2 of the Paris Agreement, Power Sector Debt, and Gradual Coal Phase-Out—Designing an Innovative Bilateral Financing Mechanism
Pakistan’s power sector is currently under substantial financial stress. Structural mismatches among capacity payments, long-term power purchase agreements (PPAs), underutilized generation assets, and the expansion of renewable energy mean that coal phase-out is no longer solely a climate issue—it is also closely tied to power system costs and legacy asset restructuring. Against this backdrop, this article examines how coal phase-out could serve as an entry point for both debt relief and energy transition. It further explores whether Article 6.2 can convert emissions reductions from coal retirement into results-based international finance, thereby creating a new financing channel for coal phase-out compensation, clean energy substitution, and asset transition.
Article 6.2 of the Paris Agreement, Power Sector Debt, and Gradual Coal Phase-Out—Designing an Innovative Bilateral Financing Mechanism
Pakistan’s power sector is currently under substantial financial stress. Structural mismatches among capacity payments, long-term power purchase agreements (PPAs), underutilized generation assets, and the expansion of renewable energy mean that coal phase-out is no longer solely a climate issue—it is also closely tied to power system costs and legacy asset restructuring. Against this backdrop, this article examines how coal phase-out could serve as an entry point for both debt relief and energy transition. It further explores whether Article 6.2 can convert emissions reductions from coal retirement into results-based international finance, thereby creating a new financing channel for coal phase-out compensation, clean energy substitution, and asset transition.
Which countries lead in green finance?
Overall, GGFDI results show that the development of green finance is very uneven across countries. France is ranked first among the 55 countries by the GGFDI score. The other countries in the top 10 list include….
Green Finance in Brazil and Prospects for Sino-Brazilian Cooperation
The article provides a very comprehensive summary of the development of green finance in Brazil by analyzing the relevant policy framework, the state of the market and Brazil’s engagement in international cooperation frameworks. Being on of the most biodiverse countries in the world, and engagament from the financial sector is needed to enrure sustainable use of its natural resources.