#US backed #IMF directly blocks the #GlobalSouth adopting renewables.

"Last year, the gov imposed a 20% tax on solar panels, wind turbines and related technologies under the IMF programme, reversing the growth trend in solar markets..."

"..IMF loan conditions has forced the gov to abandon its flagship 600-megawatt solar project while resorting to easier.. coal power, in the 300MW Gwadar plant."

https://www.dawn.com/news/1754529/activists-say-imf-causing-climate-catastrophe

#ClimateCrisis #Pakistan #Renewables #Solar #Coal #ClimateDiary