Rockefeller Foundation PR
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Rockefeller Foundation Announces Latest Steps to Accelerate Community-Focused Energy Transition Projects

SINGAPORE | May 7, 2025 ― The Rockefeller Foundation announced its latest efforts to accelerate access to clean, affordable energy in vulnerable communities living near coal-fired power plants in developing countries, as part of its Coal to Clean Credit Initiative (CCCI). During Ecosperity Week in Singapore, the Foundation’s partner ACEN Corporation, announced a new collaboration with GenZero,…

Mitsubishi DGA Transition Credits
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Mitsubishi and DGA Join ACEN, GenZero, and Keppel to Drive Energy Transition with Transition Credits

7 May 2025 — Mitsubishi Corporation (Mitsubishi) and its subsidiary, Diamond Generating Asia, Limited (DGA), have joined ACEN, GenZero, and Keppel Ltd. (Keppel) in exploring a potential collaboration, through a pioneering effort that leverages the Transition Credits mechanism, for the early retirement and replacing the generation output of a 246 MW coal-fired power plant in…

South Pole PR
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Landmark carbon methodology launched at Ecosperity to accelerate shift from coal to clean energy

Singapore, 6 May, 2025 – A major breakthrough in carbon markets and climate finance was unveiled today at the Ecosperity conference with the launch of the first-ever carbon crediting methodology designed to enable the early retirement of coal power plants and their replacement with renewable energy. The methodology was developed under the Coal to Clean Credit…

SLTEC Eco Business Thumbnail
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Verra launches world’s first transition credits methodology

By Gabrielle See | Eco-Business Verra, the world’s largest carbon credits certifier, has finalised a methodology for generating a novel class of carbon credits from retiring coal plants early and replacing them with renewables, also known as transition credits. The new rules, which had undergone two rounds of public consultation since 2023, quantify the emissions reductions from early…

Verra Methodology Thumbnail
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New Verra Methodology Supports Coal Phase-Out and Just Energy Transition

WASHINGTON May 6, 2025 — Verra has launched a cutting-edge methodology that enables the early retirement of coal-fired power plants and supports their replacement with new renewable energy. This paves the way for the clean generation of high-integrity transition credits, while ensuring that this transition is just, delivering social and economic support to affected workers and…

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