Industry and JT
Enabling a Just and Managed Transition for Coal

5 Dec

16:00-17:30 GST

COP28 presidency reinforces the global urgency for the phasedown of coal fired power plants, which make up ~25% of global emissions and recognizes the challenges in energy transition away from coal for coal-dependent countries. This initiative focuses on an innovative market-based solution - use of transition credits, carbon credits generated from early retirement of coal plants in line with energy resilience and Just transition considerations, and early action across transaction entities including methodology developers and utility providers backed by country and corporate buyers - all to accelerate phasedown at scale.
COP28 Presidency
B8: Plenaries & Meeting Rooms - Al Waha Theatre