Last week, the Global Energy Alliance for People and Planet and the Rockefeller Foundation made a formal statement on the Coal to Clean Credit Initiative, which is supported by South Pole, RMI and the Climate Policy Initiative. This initiative, comprised of a consortium of experts from around the globe, will set up a novel standard for the use of carbon finance to motivate the transition to renewable energy in countries globally.
The Coal to Clean Credit Initiative is set to begin a consultative process this month, establishing a benchmark for…
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