Americas > COP29: BRIEFING – Transition credits could help retire young coal plants in Asia, but complexities and risks abound

COP29: BRIEFING – Transition credits could help retire young coal plants in Asia, but complexities and risks abound

Published 17:11 on November 14, 2024  /  Last updated at 17:11 on November 14, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Voluntary

Transition credits could be a viable way to finance the early phase-out of coal-fired power plants in Asia, but familiar risks around project permanence, and buyer appetite are seen as major barriers to scaling up the practice, a panel discussion heard at COP29.
Transition credits could be a viable way to finance the early phase-out of coal-fired power plants in Asia, but familiar risks around project permanence, and buyer appetite are seen as major barriers to scaling up the practice, a panel discussion heard at COP29.


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