Coal to Clean Credits

Overview

The Coal to Clean Credit Initiative (CCCI) is piloting a new high-integrity  transition carbon credit to incentivize a just transition away from coal-fired power plants to renewable energy in emerging economies.

Over 90 percent of coal plants are shielded from competition due to regulation or long-term contracts that guarantee their returns, resulting in many coal plants having no financial motivation to retire early. In response, the CCCI is designing a methodology that can be used to develop a world-first project approach to accelerate the managed and equitable phase-out of coal plants and incentivize their full or partial replacement with clean power this decade.