Project description

Retiring coal-fired power plants early while ensuring credible emission reductions presents complex methodological and integrity challenges for carbon crediting frameworks. The Coal to Clean Credit Initiative methodology required independent evaluation against multiple high-integrity standards, including the Paris Agreement Credit Mechanism, CORSIA, and ICVCM Core Carbon Principles. 

Carbon Limits leads a technical assessment in collaboration with the Stockholm Environment Institute, examining baseline setting, additionality, leakage, GHG quantification, sustainable development, and just transition provisions. The review evaluates how coal retirement crediting aligns with Energy Transition Accelerator requirements and internationally recognized integrity frameworks. 

The assessment strengthens methodological credibility for energy transition finance decisions and clarifies alignment pathways for coal phase-out initiatives seeking carbon market recognition.

 This work is relevant for development banks, climate finance institutions, policymakers designing Article 6 frameworks, and organizations structuring coal retirement programs within credible carbon market mechanisms.