Developing markets are not going to scale back. The people concerned with climate change need to explain how any of this is going to work. Apparently they are going to try do so with explanations like, "yes, more coal and coal plants, but maybe they'll burn less?" Good luck.
It was explained, in the Paris Agreement. The rich countries that got that way off decades of massive cheap fossil fuel use provide financial aid to the developing countries to develop renewable energy sources there so that the developing countries can get off fossil fuel without derailing their development.
What is going to work? It obviously isn't, but if you say what is obvious, you're labeled a "doomer".