The number of new coal plants under development in the Organisation for Economic Co-operation and Development (OECD) region has reached record lows since the signing of the Paris Agreement in 2015.
The OECD is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic growth and global trade. It includes many of the world’s wealthiest countries.
In all, the number of proposed coal plants in the OECD region has decreased from 142 in 2015 to five today – a 96% fall.
This is according to the latest data from Global Energy Monitor’s Global Coal Plant Tracker (GCPT), which includes the third quarter (Q3) of 2024.
The GCPT catalogues all coal-fired power units 30 megawatts (MW) or larger, with the first survey dating back to 2014.
The fall in proposals puts the OECD region well on its way to meeting UN secretary-general Antonio Guterres’s 2019 call for “no new coal”, defined as the cancelling of all unabated coal proposals not already under construction.
It means that one of the five remaining proposals could be the last new coal-fired power station to ever be built in the OECD.
The OECD and no new coal
Of the 13 OECD countries with coal plant proposals in 2015, all but Turkey have since pledged to stop building new coal plants.
Indeed, since 2015, proposed coal-fired capacity in the OECD has fallen from 142 coal proposals totalling 111 gigawatts (GW) to just five proposals totalling 3GW, GCPT data shows.
However, there are exceptions for coal plants that significantly lessen or “abate” carbon dioxide (CO2) emissions through the use of carbon capture and storage (CCS) technology.
Four of the five proposals – shown in the map below – include plans for CCS.

Moreover, none of the five proposals currently have the necessary permits for construction. This means it will likely be several years before construction begins – if they are built at all, as most of the proposals in the OECD since 2015 have been abandoned entirely.
Of the 111GW of new coal capacity that was proposed in 2015, 82% (91GW) has since been shelved or cancelled, compared to 17% (19GW) commissioned.
This is a large part of the reduction in the coal pipeline in the OECD, shown in the figure below.

The most recent coal plants to enter the construction phase in the OECD broke ground in 2019. Its 1GW of capacity remains under construction today.
The 111GW of proposals in 2015 listed in the GCPT were located across 13 countries: Australia, Canada, Colombia, Germany, Greece, Israel, Italy, Japan, Poland, South Korea, Turkey, the UK and the US.
Since 2015, 12 of the 13 countries have pledged support for no new coal, whether as part of the international Powering Past Coal Alliance or through a domestic moratorium on new coal plant permits. The UK phased out coal power entirely this year.
These commitments to no new coal have been aided by the decreasing costs of competing power sources, including gas and – increasingly – solar and wind power.
Additionally, many countries have seen sustained opposition campaigns to new coal plants over the pollution they would cause, their high energy costs and population displacement.
As the OECD turns away from new coal, coal power capacity in the region peaked in 2010 at 655GW and has since declined by about one-third to 443GW, as countries shut down ageing coal plants.
Turkey resists no new coal
To date, the government of Turkey has resisted calls for no new coal, despite repeated rollbacks in its coal plans.
The vast majority of the country’s proposed coal plants have never materialised, as shown in the figure below.
Specifically, since 2015, more than 70GW of planned coal plant capacity in Turkey has been called off, compared to 6GW commissioned, translating into a cancellation rate of 92% since 2015. This is one of the highest cancellation rates in the world, GCPT data shows.

Coal plant proposals in Turkey face a myriad of challenges, including strong public opposition over coal plant pollution and coal industry privatisation. Additionally, domestic lignite coal is low-quality and unreliable, often leading many plants to use higher-cost imported coal instead, weakening the economic case for continued reliance on coal.
In the third quarter of 2024, the licenses for two coal plants – Karaburun and Kirazlıdere – were cancelled due to irregularities in the environmental permitting process and the loss of interest in the investment by plant sponsors. Another plant, Malkara, was shelved due to a lack of activity, GCPT notes.
The developments have left Turkey with only one coal plant proposal – a remarkable development after being among the top 10 countries with proposed coal-powered capacity for nearly a decade.
Despite this, Turkey has not committed to ending new coal plant proposals. Indeed, its recently updated enhanced climate plan, known as a nationally determined contribution submitted during COP29, makes no mention of coal phaseout.
The country’s remaining proposal is a 688MW two-unit expansion of the sizable Afşin-Elbistan power station complex in the city of Kahramanmaraş.
Local residents have opposed the project, saying the increase in pollution in the densely populated city will lead to thousands of premature deaths and cost billions of dollars.
Australia, Japan, the US and ‘clean coal’
The remaining four coal plant proposals in the OECD are located in Australia, Japan and the US.
While the government of Australia recently pledged support for no new coal and the Japanese and US governments were part of the recent G7 commitment to coal phaseout, the three countries also support CCS to lessen or “abate” emissions from coal plants.
Abated coal plants may be considered compatible with no new coal pledges if they “substantially reduce” carbon emissions enough to meet Paris-aligned targets.
Critics argue that coal CCS proposals are more expensive and polluting than cleaner electricity alternatives, often relying heavily on government subsidies in order to be economically viable.
Only a handful of CCS coal plants have ever reached commercial operation – and none have captured as much of the resulting CO2 as they were targeting.
The Japanese government signed on to a G7 agreement earlier this year to phase out unabated coal power by the mid-2030s and continues to promote a suite of “clean coal” technologies, both domestically and abroad.
The country’s single remaining coal plant proposal is a new coal “gasification” unit at J-Power’s Matsushima power station, dubbed GENESIS. The plant would gasify the coal, then co-fire the resulting gases with biomass, ammonia and hydrogen, before using CCS to abate the resulting emissions.
Under outgoing president Joe Biden, the US also signed on to the G7 agreement and was one of twelve countries that joined the Powering Past Coal Alliance during COP28 in 2023.
The country has two Department of Energy (DOE)-backed coal-fired power plant proposals that include plans for CCS, as required under pending Environmental Protection Agency (EPA) regulations for new coal power plants.
While the future of both the coal pledges and regulations are uncertain, given the recent re-election of Donald Trump, to date the former president has been unable to turn the tide for coal. More coal power capacity was retired under Trump’s first term than either Barack Obama or Biden, and no new coal plants have been built in the US for over a decade.
Australia’s Labor party voted into power in 2022 recently joined a COP29 call for no new unabated coal. The country has not commissioned a new coal plant since 2012, with over 13GW of proposed coal-fired capacity cancelled since 2010.
The country’s remaining coal proposal, the Collinsville (Shine Energy) power station, has been touted by its sponsors as a “high efficiency, low emissions” (HELE) coal project with plans to include CCS.
Despite these sparse plans for the development of further coal projects, therefore, it seems clear that the end is in sight for coal power in the OECD.
The post Analysis: Only five proposals for coal plants remain across OECD’s 38 countries appeared first on Carbon Brief.
Analysis: Only five proposals for coal plants remain across OECD’s 38 countries
Climate Change
Big fishing nations secure last-minute seat to write rules on deep sea conservation
As a treaty to protect the High Seas entered into force this month with backing from more than 80 countries, major fishing nations China, Japan and Brazil secured a last-minute seat at the table to negotiate the procedural rules, funding and other key issues ahead of the treaty’s first COP.
The Biodiversity Beyond National Jurisdiction (BBNJ) pact – known as the High Seas Treaty – was agreed in 2023. It is seen as key to achieving a global goal to protect at least 30% of the planet’s ecosystems by 2030, as it lays the legal foundation for creating international marine protected areas (MPAs) in the deep ocean. The high seas encompass two-thirds of the world’s ocean.
Last September, the treaty reached the key threshold of 60 national ratifications needed for it to enter into force – a number that has kept growing and currently stands at 83. In total, 145 countries have signed the pact, which indicates their intention to ratify it. The treaty formally took effect on January 17.
“In a world of accelerating crises – climate change, biodiversity loss and pollution – the agreement fills a critical governance gap to secure a resilient and productive ocean for all,” UN Secretary-General António Guterres said in a statement.
Julio Cordano, Chile’s director of environment, climate change and oceans, said the treaty is “one of the most important victories of our time”. He added that the Nazca and Salas y Gómez ridge – off the coast of South America in the Pacific – could be one of the first intact biodiversity hotspots to gain protection.
Scientists have warned the ocean is losing its capacity to act as a carbon sink, as emissions and global temperatures rise. Currently, the ocean traps around 90% of the excess planetary heat building up from global warming. Marine protected areas could become a tool to restore “blue carbon sinks”, by boosting carbon absorption in the seafloor and protecting carbon-trapping organisms such as microalgae.
Last-minute ratifications
Countries that have ratified the BBNJ will now be bound by some of its rules, including a key provision requiring countries to carry out environmental impact assessments (EIA) for activities that could have an impact on the deep ocean’s biodiversity, such as fisheries.
Activities that affect the ocean floor, such as deep-sea mining, will still fall under the jurisdiction of the International Seabed Authority (ISA).
Nations are still negotiating the rules of the BBNJ’s other provisions, including creating new MPAs and sharing genetic resources from biodiversity in the deep ocean. They will meet in one last negotiating session in late March, ahead of the treaty’s first COP (conference of the parties) set to take place in late 2026 or early 2027.
China and Japan – which are major fishing nations that operate in deep waters – ratified the BBNJ in December 2025, just as the treaty was about to enter into force. Other top fishing nations on the high seas like South Korea and Spain had already ratified the BBNJ last year.
Power play: Can a defensive Europe stick with decarbonisation in Davos?
Tom Pickerell, ocean programme director at the World Resources Institute (WRI), said that while the last-minute ratifications from China, Japan and Brazil were not required for the treaty’s entry into force, they were about high-seas players ensuring they have a “seat at the table”.
“As major fishing nations and geopolitical powers, these countries recognise that upcoming BBNJ COP negotiations will shape rules affecting critical commercial sectors – from shipping and fisheries to biotechnology – and influence how governments engage with the treaty going forward,” Pickerell told Climate Home News.
Some major Western countries – including the US, Canada, Germany and the UK – have yet to ratify the treaty and unless they do, they will be left out of drafting its procedural rules. A group of 18 environmental groups urged the UK government to ratify it quickly, saying it would be a “failure of leadership” to miss the BBNJ’s first COP.
Finalising the rules
Countries will meet from March 23 to April 2 for the treaty’s last “preparatory commission” (PrepCom) session in New York, which is set to draft a proposal for the treaty’s procedural rules, among them on funding processes and where the secretariat will be hosted – with current offers coming from China in the city of Xiamen, Chile’s Valparaiso and Brussels in Belgium.
Janine Felson, a diplomat from Belize and co-chair of the “PrepCom”, told journalists in an online briefing “we’re now at a critical stage” because, with the treaty having entered into force, the preparatory commission is “pretty much a definitive moment for the agreement”.
Felson said countries will meet to “tidy up those rules that are necessary for the conference of the parties to convene” and for states to begin implementation. The first COP will adopt the rules of engagement.
She noted there are “some contentious issues” on whether the BBNJ should follow the structure of other international treaties such as the Convention on Biological Diversity (CBD), as well as differing opinions on how prescriptive its procedures should be.
“While there is this tension on how far can we be held to precedent, there is also recognition that this BBNJ agreement has quite a bit to contribute in enhancing global ocean governance,” she added.
The post Big fishing nations secure last-minute seat to write rules on deep sea conservation appeared first on Climate Home News.
Big fishing nations secure last-minute seat to write rules on deep sea conservation
Climate Change
Climate at Davos: Energy security in the geopolitical driving seat
The annual World Economic Forum got underway on Tuesday in the Swiss ski resort of Davos, providing a snowy stage for government and business leaders to opine on international affairs. With attention focused on the latest crisis – a potential US-European trade war over Greenland – climate change has slid down the agenda.
Despite this, a number of panels are addressing issues like electric vehicles, energy security and climate science. Keep up with top takeaways from those discussions and other climate news from Davos in our bulletin, which we’ll update throughout the day.
From oil to electrons – energy security enters a new era
Energy crises spurred by geopolitical tensions are nothing new – remember the 1970s oil shock spurred by the embargo Arab producers slapped on countries that had supported Israel during the Yom Kippur War, leading to rocketing inflation and huge economic pain.
But, a Davos panel on energy security heard, the situation has since changed. Oil now accounts for less than 30% of the world’s energy supply, down from more than 50% in 1973. This shift, combined with a supply glut, means oil is taking more of a back seat, according to International Energy Agency boss Fatih Birol.
Instead, in an “age of electricity” driven by transport and technology, energy diplomacy is more focused on key elements of that supply chain, in the form of critical minerals, natural gas and the security buffer renewables can provide. That requires new thinking, Birol added.
“Energy and geopolitics were always interwoven but I have never ever seen that the energy security risks are so multiplied,” he said. “Energy security, in my view, should be elevated to the level of national security today.”
In this context, he noted how many countries are now seeking to generate their own energy as far as possible, including from nuclear and renewables, and when doing energy deals, they are considering not only costs but also whether they can rely on partners in the long-term.
In the case of Europe – which saw energy prices jump after sanctions on Russian gas imports in the wake of Moscow’s invasion of Ukraine – energy security rooted in homegrown supply is a top priority, European Commission President Ursula von der Leyen said in Davos on Tuesday.
Outlining the bloc’s “affordable energy action plan” in a keynote speech at the World Economic Forum, she emphasised that Europe is “massively investing in our energy security and independence” with interconnectors and grids based on domestically produced sources of power.
The EU, she said, is trying to promote nuclear and renewables as much as possible “to bring down prices and cut dependencies; to put an end to price volatility, manipulation and supply shocks,” calling for a faster transition to clean energy.
“Because homegrown, reliable, resilient and cheaper energy will drive our economic growth and deliver for Europeans and secure our independence,” she added.
Comment – Power play: Can a defensive Europe stick with decarbonisation in Davos?
AES boss calls for “more technical talk” on supply chains
Earlier, the energy security panel tackled the risks related to supply chains for clean energy and electrification, which are being partly fuelled by rising demand from data centres and electric vehicles.
The minerals and metals that are required for batteries, cables and other components are largely under the control of China, which has invested massively in extracting and processing those materials both at home and overseas. Efforts to boost energy security by breaking dependence on China will continue shaping diplomacy now and in the future, the experts noted.
Copper – a key raw material for the energy transition – is set for a 70% increase in demand over the next 25 years, said Mike Henry, CEO of mining giant BHP, with remaining deposits now harder to exploit. Prices are on an upward trend, and this offers opportunities for Latin America, a region rich in the metal, he added.
At ‘Davos of mining’, Saudi Arabia shapes new narrative on minerals
Andrés Gluski, CEO of AES – which describes itself as “the largest US-based global power company”, generating and selling all kinds of energy to companies – said there is a lack of discussion about supply chains compared with ideological positioning on energy sources.
Instead he called for “more technical talk” about boosting battery storage to smooth out electricity supply and using existing infrastructure “smarter”. While new nuclear technologies such as small modular reactors are promising, it will be at least a decade before they can be deployed effectively, he noted.
In the meantime, with electricity demand rising rapidly, the politicisation of the debate around renewables as an energy source “makes no sense whatsoever”, he added.
The post Climate at Davos: Energy security in the geopolitical driving seat appeared first on Climate Home News.
Climate at Davos: Energy security in the geopolitical driving seat
Climate Change
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