Americas > UPDATE – COP27: US climate envoy Kerry announces “light on detail” plan to decarbonise power in developing countries via corporate carbon credit purchases

UPDATE – COP27: US climate envoy Kerry announces “light on detail” plan to decarbonise power in developing countries via corporate carbon credit purchases

Published 11:40 on November 9, 2022  /  Last updated at 14:02 on November 12, 2022  / /  Americas, International, Paris Article 6, US, Voluntary

US climate envoy John Kerry announced on Wednesday plans to enable companies to buy carbon credits to support developing countries in accelerating their phaseout of coal power and renewable power expansion, aiming to develop a framework by the end of next year to scale the finance available and confirming a partnership with a new African carbon market initiative.
US climate envoy John Kerry announced on Wednesday plans to enable companies to buy carbon credits to support developing countries in accelerating their phaseout of coal power and renewable power expansion, aiming to develop a framework by the end of next year to scale the finance available and confirming a partnership with a new African carbon market initiative.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.