How can we retire #coal early? At the #PPCASummit, experts and policymakers shared their insights and experiences from working on new financial mechanisms that can smooth the transition away from #coal.
Learn more from this new article by @RockyMtnInst:...
Leading global investment manager @mandgplc signed up to the #PoweringPastCoal Alliance at the #PPCASummit last week, pledging to end investment in #coal by 2030 for developed countries and 2040 for emerging markets. Welcome...
Fresh cohort of financial institutions with US$1.6tn in assets and investments joined the PPCA at the #PPCASummit last week: @LaCDPQ, @CalPERS, @mandgplc, @PensionDanmark & @abppensioen.
How to successfully move away from investing in #coal? Watch here:...
That's a wrap for our first-ever #PPCASummit.
Thank you to all our speakers.
Catch up on sessions you may have missed at http://PPCAsummit.org
"The average age of coal fired plants in Asia is 12 years" They could go on for another 30 years. That got our attention."
Donald Kanak of @prudentialplc talks about the 'Energy Transition Mechanism' at #PPCASummit...
At #PPCASummit, @MafaldaDuarte of @CIF_Action shares her experience working to address specific country coal phaseout challenges, outlining mechanisms that have been or are due to be implemented.
Watch here ->...
"Despite the government’s claims, Poland would be able to achieve the EU climate goals. Accelerating the #coal phaseout would deliver substantial savings for the economy." says @paczyzak of @fundacjainstrat at #PPCASummit
Watch here...
Building on experience and examples introduced in the first part of this #PPCAsummit discussion, @bodnarclimate of @RockyMtnInst introduces speakers who'll talk about how they could be applied in various geographies, including Poland and South Africa....
Reflecting on the role of MDBs in #coal phaseouts, @MafaldaDuarte of @CIF_Action describes how the 'Accelerating Coal Transition' Investment Program helps countries coal regions to achieve transition.
Watch the #PPCAsummit here...
IDB-Invest's @FCubillos tells #PPCAsummit about the work on coal phaseout in Chile.
He outlines their collaboration with @ENGIEgroup to replace #coal using carbon finance.
Watch here poweringpastcoal.org/summit-2021/exploring-fi...
First up, @HansenForCO tells the #PPCASummit about his experience working on securitization in Colorado, the process for securing buy-in and passing legislation poweringpastcoal.org/summit-2021/exploring-fi...
On our current #PPCASummit panel
/ @fcubillos of IDB invest
/ @MafaldaDuarte of @CIF_Action
/ Donald Kanak @Prudential
/ @HansenForCO
/ @paczyzak of @fundacjainstrat @energyinstratPL
/ @grovesteyn of @MeridianEconSA
Watch here ->...
"The global share of uncompetitive #coal (more expensive to continue operating than it is to build new renewable energy with storage) will increase from 39% today to 60% in 2022 and 73% in 2025." says Uday Varadarajan of @RockyMtnInst at #PPCASummit ...
"Coal is an outdated energy source, but in 2021 it will still provide 35% of global energy. The current transition is too slow. OECD countries must phase out coal by 2030 & the rest of the world by 2040" repeats @dkClimateAmb at #PPCASummit
Watch here...
Live now at the #PPCASummit 👇
@bodnarclimate, Chief Strategy Officer @RockyMtnInst outlines the upcoming discussion about how financial mechanisms can be used for early coal phaseout.
Watch here...
In 15 minutes at the #PPCASummit 👇
Governments, utilities, labor advocacy groups, multilateral organizations, and sector experts discuss financial mechanisms for accelerated #coal phaseout.
Join us...
Thanks to our speakers for sharing their first-hand knowledge of just transition processes. Join us in 20 minutes for the last event at the #PPCASummit 👇https://x.com/PastCoal/status/1366451236535427077?s=20
"#JustTransition can deliver good jobs and security."
"Successful transition is possible when unions are included. But new jobs and support have to be in place before coal starts to close" says @samanthajcsmith at #PPCASummit....
"Spain is a frontrunner in #JustTransition. Initial agreement left no worker behind.
At #PPCAsummit @msanzlubeiro explains Spain's transition away from coal and how they are dealing with it.
Watch here...
"SSE is the first company to publish a full #JustTransition strategy for workers & communities."
"Working with trade unions has been key to plans to bring down emissions, creating good green jobs." says Rachel McEwen of @SSE at #PPCASummit.
Watch...
"We need major investment, long term sectoral agreements and detailed skills plans, with trade unions involved in every stage. We can't let the same thing happen again as they did in the 80's and 90's" says Bill Adams of @TUCYorksHumber at #PPCAsummit
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"Canada’s trade unions helped drive agreement on a #JustTransition from unabated coal. The key has been social dialogue at all levels, from national government to provinces and cities." says @tarapeel of @CanadianLabour at #PPCASummit
Watch...
