#TransitionFinance for coal phaseout is gaining ground, w/ $20B committed for Indonesia’s energy transition under a #JETP last week. @RockyMtnInst@climatepolicy & @ClimateBonds’s framework addresses reputational risks of #CoalTransition finance.
More ➡️https://t.co/oybDvizUsO
At #G20, how did Indonesia raise the bar for an accelerated, ambitious & just clean energy transition?
We break down the global significance of the $20 billion package to transition from coal to clean energy, and what nations are supporting it.
👉 https://t.co/797mEAPqxa
Joined a great panel discussion at #COP27 led by GFANZ APAC "Approaching the managed coal phaseout of coal power generation in Asia Pacific." New report available Nov 21 on guidelines for financing a credible coal transition.
🚨 The Most Important Clean Energy Policy You've Never Heard About 🚨
The IRA has a little-known provision called the Energy Infrastructure Reinvestment Program (EIR) that will save money, reduce emissions, and revitalize fossil communities.
Let's dive in:
https://t.co/erkw0xzU1M
In today's @CanaryMediaInc, RMI's @rachit_kansal and @KobenCalhoun explain the complexities of #coal buyout plans that feature in our latest study that surveys the various models being explored around the world https://t.co/hcwoh3J7h8
Today at #COP26, @RockyMtnInst joined the Coal Asset Transition Accelerator #CATA, a global collaboration to empower governments, utilities, financiers, and civil society orgs with a suite of resources to transition from coal to #CleanEnergy. Learn more https://t.co/mhACQ2Rtwt
BREAKING #COP26
2.7C: warming of unconditional, least ambitious NDC 2030 range.
2.2C: Net-zero targets a few weeks ago shave off 0.5C (UNEP Gap report).
1.9C: A dozen new NDCs and INDIA's pledge, *IF* implemented and sufficiently supported
Briefing: https://t.co/9wvwKxcokZ
Today is a MASSIVE day on coal!
There will be coal phaseout commitments from Poland (yes really!), Ukraine, Vietnam (really really), and a LOT more... also movement on big financiers...
Please follow @EmberClimate and we'll do our best to make sense of it for you...
This is a significant next step - going beyond not funding coal. Looking forward more detail tomorrow. Hook up with #BOGA? #COP26 Twenty countries pledge end to finance for overseas fossil fuel projects https://t.co/iaG55m53kQ
To be clear, if you read today that financial institutions have pledged $130 trillion to net zero goals — that’s incorrect. Institutions with $130T *under management* have made the pledge. Amount going to decarb is lower. Doesn’t mean pledge is insignificant. But different.
The global community must speed the #CoalTransition. Excited to share our new @RockyMtnInst report “Financing the Coal Transition” that outlines a path for equitable & rapid solutions. Read the report here ➡️ https://t.co/q19WrYQlYx #COP26
RMI has evolved to meet the urgency of our time. We're doubling down on transforming the global energy system to secure a clean, prosperous, zero-carbon future for all.
Visit our new site to see how we are working towards a 1.5C future. https://t.co/AIK4CP2hHe
China has promised to reduce emissions to net zero by 2060. How does the electricity sector contribute? New analysis from #RMIChina and @ETC_energy on how to achieve a zero-carbon future for China’s electricity system. https://t.co/kIgaU452pG
The combined China additions of wind and solar top 100 GW for the first time, more than doubling the total from last year and almost doubling the record combined total from 2017. (Assuming the 72 GW wind is accurate and reflects actual completions. It may not.)