EMEA > COP29: Coal commission backs transition finance, Article 6 carbon credits for early plant closures

COP29: Coal commission backs transition finance, Article 6 carbon credits for early plant closures

Published 16:01 on November 11, 2024  /  Last updated at 08:33 on November 12, 2024  / /  EMEA, International, Paris Article 6, Voluntary

Carbon credits and transition finance are essential to accelerate coal plant closures in developing countries – especially in Asia where new projects are still being developed, according the Coal Transition Commission, which unveiled its first report during the COP29 climate summit in Baku.
Carbon credits and transition finance are essential to accelerate coal plant closures in developing countries – especially in Asia where new projects are still being developed, according the Coal Transition Commission, which unveiled its first report during the COP29 climate summit in Baku.


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