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coal transition commission calls for urgent investment to phase out coal plants

A French-Indonesian initiative aims to accelerate the closure of coal plants, highlighting the potential for private finance to play a crucial role in reducing emissions. The Coal Transition Commission advocates for relaxed sustainability criteria and innovative financing solutions, including blended finance and carbon credits, to support this transition. However, skepticism remains regarding the effectiveness of carbon markets and certain technologies proposed for emissions reduction.
bloomberg.com
Monetary Authority of Singapore International Energy Agency Bloomberg Inc. IDN FRA SGP GBR Mark Carney Agnès Pannier-Runacher Emmanuel Macron Ravi Menon Paddy McCully Show more
Finance & Economy, News Article
08:58 12.11.2024
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