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PT Biro Klasifikasi Indonesia and Neyen Consulting Sign MoU to Advance Carbon Consulting Services in Indonesia
Jakarta, Indonesia / Madrid, Spain – May 9, 2025 – PT Biro Klasifikasi Indonesia (Persero) (BKI), Indonesia’s leading state-owned enterprise in
Innovative financing for Accelerating Coal Transition (ACT) in the Dominican Republic with Chadia Abreu
Chadia Abreu, Advisor for Clean Energy & Climate Solutions at the Ministry of Energy and Mines of the Dominican Republic, shares insights on the country’s ambitious Investment Plan under the Climate Investment Fund’s Accelerating Coal Transition (ACT) Program. This landmark initiative, backed by $85 million in financing, aims to replace 312 MW of coal-fired power with renewable energy and storage, while strengthening regulatory frameworks and promoting stakeholder engagement for a just and inclusive transition. As the Dominican Republic navigates the challenges of an isolated island grid and rising electricity demand, the plan underscores the nation’s commitment to sustainable development and a secure, decarbonized energy future for all citizens
Powering down to power up: Unlocking the potential of Transition Credits
This article provides an overview of project-based methodologies and sectoral approaches to Transition Credits in the early retirement of Coal-fired Power Plants.
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