YÜKSELIŞ VE ÇÖKÜŞ 2021

The report highlights a global divergence in coal power: while the US, EU, and parts of Asia are seeing record retirements and project cancellations, China's significant increase in new capacity in 2020 led to a net global growth of 12.5 GW. The document argues that current national trajectories remain far from the IPCC 1.5°C pathway, which would require the cancellation or retirement of 1,350 GW of capacity.

• In 2020, global coal-fired power capacity grew by 12.5 GW because China's new capacity additions outweighed total retirements in the rest of the world. China accounted for 76% of the world's new coal capacity in 2020, adding 38.4 GW.
• The United States experienced record retirements during the Trump administration (2017–2020), with 52.4 GW of capacity retired, surpassing the 48.9 GW retired during Obama's second term. Despite President Biden's goal to decarbonize the energy sector by 2035, only one-third (76.6 GW) of the current 233.6 GW coal fleet has existing retirement plans by that date.
• South and Southeast Asia are seeing a collapse in planned coal projects. Indonesia, Bangladesh, the Philippines, and Vietnam have moved to cancel projects totaling 62 GW of capacity. Consequently, pre-construction planning capacity in these four countries is projected to drop 80% from 125.5 GW in 2015 to 25.2 GW.
• In Turkey, the stock of coal power projects decreased by 38% in 2020 compared to 2019, falling from 33.2 GW to 20.4 GW. For the first time in history, Turkey's operational coal capacity decreased, dropping from 19.5 GW in 2019 to 18.1 GW in 2020.
• Global coal capacity is not aligned with the IPCC 1.5°C pathway. To meet this budget, 1,350 GW of capacity would need to be cancelled or retired: 450 GW in OECD countries, 500 GW in China, and 400 GW in the rest of the world. Without accelerated closures, projected 2030 capacity is approximately 2,400 GW, compared to the 1,100 GW required by the 1.5°C pathway.
• Financial institutions are increasingly restricting coal funding, but loopholes remain. While the Japan Bank for International Cooperation (JBIC) announced it would no longer fund overseas coal projects, other banks like BlackRock maintain significant investments in coal companies by using 'ratio-based' policies.

APA

Global Energy Monitor (2021). YÜKSELIŞ VE ÇÖKÜŞ 2021. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Turkish_final_11.pdf

Chicago

Global Energy Monitor. YÜKSELIŞ VE ÇÖKÜŞ 2021. 2021. https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Turkish_final_11.pdf.

Wikipedia

{{cite report |author=Global Energy Monitor |title=YÜKSELIŞ VE ÇÖKÜŞ 2021 |date=April 2021 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Turkish_final_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{globalenergymonitor2021ykseli, author = {{Global Energy Monitor}}, title = {{YÜKSELIŞ VE ÇÖKÜŞ 2021}}, institution = {Global Energy Monitor}, year = {2021}, month = apr, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/BoomAndBust_2021_Turkish_final_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }