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Two Philippine coal plants selected for early phase-out under Singapore central bank s test of new transition credits

Two Philippine coal plants selected for early phase-out under Singapore central bank s test of new transition credits
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ACEN, partners to retire coal plant in the Philippines

ACEN, partners to retire coal plant in the Philippines
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ACEN partnered with MAS, Rockefeller Foundation to retire coal plants

Rockefeller Foundation at COP28 backs early coal retirement using carbon credits

A consortium led by the Rockefeller Foundation has launched a pilot initiative to use carbon credits to retire a coal power plant in the Philippines before the end of its natural life, it said on. -December 04, 2023 at 04:30 am EST - MarketScreener

COP28: The Rockefeller Foundation, ACEN Corporation, Monetary Authority of Singapore Partner to Explore Phasing Out Coal Plant in Philippines

The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the Philippines that would leverage carbon finance to phase out a coal-fired power plant and replace it with renewable energy, while supporting livelihoods of vulnerable people. This first-of-its-kind project will seek to inform plans for the CCCI to help phase out coal plants around the globe in line with the Paris Agree

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