Rockefeller Foundation unveils blueprint for accelerated coal phase out
With a $10 million investment, the foundation is launching Asia's first verified credit system for early coal plant retirement, backed by corporate buyers including Amazon and Mastercard.
The Rockefeller Foundation is betting big on a new kind of carbon credit—not just as a means of decarbonisation, but as a blueprint to retire coal assets faster, at scale, and in ways that deliver tangible community benefits.
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