In 2023, Germany led global coal support, reaching 25 million USD. A notable reduction of 6.41% was seen in Germany, similarly, Poland experienced a 6.82% decrease. Meanwhile, China escalated its support by 11.01%, closely followed by Indonesia with a 15.24% rise, and the UK surged by 19.67%. Conversely, the U.S. dramatically cut its support by 47.01%. Over five years, growth was varied, with developing nations seeing increased allocations while many developed countries reduced coal aid.
Looking forward, significant shifts are expected in global coal support. Countries are likely to intensify efforts to transition to sustainable energy sources, thus potentially further reducing coal support in regions like Europe. Conversely, developing countries might continue to bolster support, struck between energy demands and environmental concerns.
Top countries in Total Support on Coal for All Beneficiaries or Sectors Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25 | 2023 | -6.07% | -6.41% | View data |
| 2 | 2 China | 19.33 | 2023 | +9.58% | +11.01% | View data |
| 3 | 3 United Kingdom | 13.39 | 2023 | +9.36% | +19.67% | View data |
| 4 | 4 Poland | 11.74 | 2023 | +3.88% | -6.82% | View data |
| 5 | 5 Indonesia | 11.66 | 2023 | +1.02% | +15.24% | View data |
| 6 | 6 South Africa | 7.5 | 2023 | +4.76% | +5.56% | View data |
| 7 | 7 Italy | 3.13 | 2023 | +8.88% | +5.04% | View data |
| 8 | 8 Finland | 2.79 | 2023 | +4.15% | +0.73% | View data |
| 9 | 9 Portugal | 1.98 | 2023 | +8.89% | +9.85% | View data |
| 10 | 10 Greece | 1.93 | 2023 | -7.48% | -7.23% | View data |
