Project debut carbon dc alignment8/15/2023 ![]() This initiative, which is supported by Climate Policy Initiative (CPI), RMI, and South Pole, will begin running a consultative process to develop the methodology this month, setting a global benchmark for carbon-financed coal transition projects. NEW YORK | J― The Rockefeller Foundation and Global Energy Alliance for People and Planet (GEAPP) announced the Coal to Clean Credit Initiative (CCCI) will set a new comprehensive standard for the use of carbon finance to incentivize a just transition away from coal-fired power plants to renewable energy in emerging economies. The Rockefeller Foundation and Global Energy Alliance for People and Planet (GEAPP) will be supported by implementing partner South Pole, with technical and convening expertise from RMI and Climate Policy Initiative (CPI).CCCI aims to apply this methodology to catalyze the just transition of coal-fired power plants in emerging economies across the world over the coming years, avoiding the planned release of millions of tons of carbon dioxide (CO2) into the atmosphere.The methodology will be presented as soon as COP28 and transactions for coal-to-clean credits could be signed in 2024, following its accreditation.The Coal to Clean Credit Initiative (CCCI), a consortium of global experts, is developing a world-first carbon credit methodology and starting a consultative process this month. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |