Sustainability Economics, a global provider of net-zero solutions, has chosen the Asia Carbon Institute s standard for evaluating its transition credits .
COP28: Philippines at the forefront of energy transition zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
COP28: Philippines at the forefront of energy transition philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.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 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