new ...“We cannot tackle the climate crisis without urgently phasing out unabated fossil-fired electricity generation and replacing it with zero-carbon energy around the world. And as developing countries continue to face the worst impacts of the climate crisis, the rapid transition to clean energy is vital to strengthening their resilience and boosting economic growth,” said Nat Keohane, President, C2ES. “The Energy Transition Accelerator can make a vital contribution to this transition by mobilizing a new source of climate finance, serving to bring together companies and others seeking to buy high-quality carbon credits with developing countries that are poised to invest. The ETA’s innovative sectoral-scale crediting approach, and its emphasis on ensuring a just transition in participating countries, will help developing economies move to clean energy at the scale and speed needed, while providing companies with an additional high-integrity means of reducing emissions as part of their corporate climate strategies. C2ES looks forward to continuing to work with the partners and stakeholders involved in the ETA to continue to refine the ETA framework and bring it to fruition.”..., 14h ago