Terms & Conditions

for download version without identifiers

Global Coal Exit List (GCEL)
Met Coal Exit List (MCEL) 

By downloading GCEL/MCEL (hereinafter referred to as “the DATA”), you acknowledge that you understand and agree to these terms and conditions. 

1. All intellectual property rights, including but not limited to copyrights, sui generis database rights or database rights, and any other proprietary rights in and to the DATA, including all updates, modifications, or derivatives thereof, shall remain the sole and exclusive property of Urgewald or its respective licensors.

2. Subject to the terms and conditions, you may reproduce the DATA for internal purposes such as research, in whole or in part for non-commercial purposes only (worldwide, royalty-free, non-sublicensable, non-exclusive, limited-use, revocable license). Non-commercial means not primarily intended for or directed towards commercial advantage or monetary compensation. For the avoidance of doubt: Except as expressly permitted by Urgewald in writing or as allowed under applicable copyright law (including the German Act on Copyright and Related Rights), you may not share, distribute, publish, sublicense, or otherwise make the DATA available to any third party — in particular, no “bulk distribution” or “bulk data sharing” is permitted. You may, however, share the DATA internally with colleagues of the institution you have registered under.

3. The DATA may not be used in any way other than as permitted above. Commercial users like financial institutions or consultants must ask for a license from Urgewald before using the data. If you would like to use any such data or information in a manner that is not permitted above, you will need Urgewald’s written permission. In this regard, please email all enquiries to coalexit (a) urgewald.org.

4. Proper, clear and visible attribution to Urgewald as the author of the DATA is required in any permitted sharing, citation or derivative work based on the DATA.

5. The DATA has not been prepared to meet any specific requirements. The DATA is not intended to constitute or form the basis of any advice (investment, professional or otherwise), and to the extent permitted by law Urgewald does not accept any liability for any claim or loss arising from any use of, or reliance on, the DATA. For the avoidance of doubt: Nothing in these Terms shall limit any mandatory statutory rights of the User under applicable law.

6. In the event any one or more of the provisions of these Terms and Conditions shall for any reason be held to be invalid, illegal or unenforceable, the remaining provisions shall be unimpaired, and the invalid, illegal or unenforceable provision shall be replaced by the parties by a mutually acceptable provision, which being valid, legal and enforceable, comes closest to the intention of the parties underlying the invalid, illegal or unenforceable provision.

7. Urgewald reserves the right to amend or update these Terms and Conditions from time to time to reflect legal, regulatory, or operational changes. Urgewald shall notify registered users of any material amendments in a suitable manner (for example, by e-mail or publication on Urgewald’s website). 

October 2025