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G7 countries commit to end coal-fired electricity by 2035
G7 countries committed on Friday to phase out unabated coal-fired power generation in the 2030s or as soon as possible thereafter, consistent with keeping global warming to 1.5 degrees Celsius.
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The pledge is part of the final document of the meeting of environment, energy and climate ministers from the Group of Seven (G7) most industrialized nations, which took place in Turin, Italy.
The group also committed to pressing for an end to the approval of new coal-fired power plants globally as soon as possible.
And to supporting the goal of "tripling global renewable energy capacity and strengthening energy security by increasing system flexibility through demand response, grid reinforcement and smart grid deployment."
That commitment includes contributing to a global electricity sector energy storage target of 1,500 gigawatts by 2030, more than a six-fold increase from the 230 gigawatts of capacity in 2020.
The G7 also argued that "countries in a position to do so" should pay to help poorer countries deal with the climate crisis.
"We recall that the new collective quantified goal should be set at a floor of $100 billion per year, taking into account the needs and priorities of developing countries," the document states.
The two-day meeting at the Palace of Venaria in Turin was met with protests over world leaders' perceived failures to address the climate crisis caused by greenhouse gas emissions, including the continued burning of fossil fuels such as oil, gas and coal.
The G7 comprises Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
Read Also: Pope Francis to participate in G7 leaders' summit to discuss AI (Portuguese version)
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