Early retirement of the Philippines' coal fleet would cost US$10.6 billion: Study eco-business.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eco-business.com Daily Mail and Mail on Sunday newspapers.
The Monetary Authority of Singapore wants the credits to help with the retirement of coal plants, which account for 60% of energy supply in the region, and replace them with cleaner sources.
The Rockefeller Foundation s Coal to Clean Credit Initiative is leveraging carbon finance in phasing out a coal-fired power plant earlier than scheduled.