The World Coal Association (WCA), which has existed for 38 years, is set to dissolve and launch a new venture under the revolutionary moniker FutureCoal: The Global Alliance for Sustainable Coal.
The FutureCoal Global Alliance creates new channels for cooperation and brings together national industry partners and corporate members from major coal-producing countries, such as Australia, Botswana, Brazil, Canada, China, Colombia, India, Indonesia, Japan, Mongolia, New Zealand, South Africa, Russia, United States, and Zimbabwe, as well as stakeholders from the thermal, metallurgical, renewable supply chains, and coal innovation sectors.
The Alliance will use Sustainable Coal Stewardship (SCS) to integrate this change. Coal-based economies such as China and India, together with like-minded countries and enterprises, may collaborate via the SCS platform to develop an international coal value chain sector that is innovative, technology-driven, and solutions-focused.
At a press conference held here, FutureCoal Chief Executive Michelle Manook unveiled the new corporate identity and logo, stating that the move was in response to the need for modernization and unity among the coal and coal-allied industries.
The global coal IQ has dropped as a consequence of our global coal value chain allowing anti-coal emotion to rule and divide us for far too long. Many vulnerable developing and rising countries have had their potential and growth eroded as a result, but even affluent nations are also now showing signs of this, the speaker noted.