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In 2021, IDB Invest and Engie Energia Chile (EECL) implemented a blended finance package to retire two coal units at the Tocopilla plant early and finance the 151 MW Calama wind farm. The deal utilized a results-based concessional loan where interest payments at maturity are reduced based on verified carbon emissions abated through early retirement, using a pre-agreed carbon price of $3/ton. This transaction was enabled by Chile's top-down coal phaseout policy, the lower cost of renewable energy compared to legacy coal Power Purchase Agreements (PPAs), and the involvement of the Climate Investment Funds (CIF).

In 2022, Starwood Energy Group (now Lotus Infrastructure) accelerated the retirement of the Logan (225 MW) and Chambers (285 MW) coal plants by 30 months, moving the date from 2024 to 2022. This was achieved through a three-part strategy: renegotiating Power Purchase Agreements (PPAs) with Atlantic City Electric (ACE), refinancing project debt with a $200 million loan from MetLife, and planning the redevelopment of the sites into grid-scale battery storage. The transaction resulted in an estimated reduction of 3.9 million tons of CO2 and saved ACE customers approximately $30 million.

In 2022, ACEN Corporation sold its equity in the SLTEC coal plant to a special purpose vehicle (SPV), reducing the plant's operating life by 25 years to a retirement date of 2040. The transaction was enabled by the use of domestic financial institutions to provide low-cost debt and equity, as international lenders often have coal exclusion policies. The SPV re-levered the capital structure, increasing the debt/capital ratio from 0.58 to 0.79, with $247 million in debt provided by RCBC and BPI. This structure allowed ACEN to divest the asset and reinvest proceeds into renewable energy, aligning with its corporate goal of 100% renewable energy by 2025.

The Union of Concerned Scientists (UCS) recommends that Maine's offshore wind procurement process prioritize larger nameplate capacities to maximize grid reliability. Based on an analysis of winter seasons from 2000 to 2022, UCS found that offshore wind fleets of 1500 MW, 4000 MW, and 8000 MW could substantially reduce the number of days the New England grid faces elevated energy shortfall risk. The document argues that offshore wind is an ideal solution for winter reliability because its output typically increases during cold snaps, unlike fossil fuel supplies which are subject to global market volatility and import constraints.

The 2024 Corporate Climate Responsibility Monitor finds that while corporate climate targets are gradually improving, they remain largely insufficient to align with a 1.5°C pathway. The median 2030 emission reduction commitment for the 51 assessed companies is only 30-33% of full value chain emissions, falling short of the 43-48% required globally. The report highlights a critical lack of depth in scope 3 targets and warns that proposed flexibility mechanisms, such as the VCMI beta Scope 3 Flexibility Claim, could effectively nullify these commitments. It also identifies an over-reliance on 'false solutions' like bioenergy, carbon capture, and land-based carbon dioxide removals (CDR), particularly in the agrifood and fashion sectors. The authors argue for a transition from voluntary initiatives to formal accountability through mandatory regulation and accredited verification.

The guide establishes a methodology for assessing corporate climate responsibility across four key areas: emissions tracking and disclosure, target setting, emission reduction measures, and responsibility for unabated and residual emissions. It emphasizes alignment with 1.5°C-compatible pathways, the necessity of covering all emission scopes (including Scope 3), and the distinction between genuine emission reductions and misleading offsetting or 'insetting' claims. The document provides specific benchmarks for various industrial sectors and detailed criteria for high-integrity renewable electricity procurement and carbon dioxide removal (CDR) strategies.

The report evaluates the Paris 2024 climate strategy, noting that while efforts in construction and food supply are robust, other sectors like transport and energy lack transparency and detailed methodology. It criticizes the evolution of public claims from 'carbon neutrality' to 'climate positive' as misleading and highlights a lack of transparency in carbon credit purchases. The authors argue that future games must downscale or decentralize to align with the 1.5°C goal and should avoid partnering with companies whose climate pathways are incompatible with the Paris Agreement.

The report analyzes the Paris 2024 climate strategy, noting that while efforts in construction and food procurement are robust, there is significant opacity regarding carbon credit purchases, energy sourcing, and the overall carbon budget. It criticizes the evolution of public communication from 'carbon neutrality' to 'climate positive' as misleading and highlights the incompatibility of many official sponsors with the Paris Agreement. The document argues that incremental improvements are insufficient and proposes a radical redesign of the Olympic model, such as distributing events globally to reduce international air travel and infrastructure needs.

The Espejo de Tarapacá project, designed to combine a 300 MW pumped-storage hydroelectric (PSH) plant and a 561 MW-AC photovoltaic (PV) solar plant in Chile, was formally closed in October 2022 before construction began. Despite initial alignment with Chile's decarbonization goals, the project failed because the Project Company could not secure a power-purchase agreement (PPA) or private investors. The evaluation found that the project's relevance declined as the Chilean government prioritized market competition and lithium-based storage over the preferential treatment requested for PSH. While the project failed its primary energy goals, it achieved some positive social outcomes through community engagement in San Marcos and Rio Seco, including women's empowerment and the establishment of a community office. The report concludes that the GCF lacked sufficient risk analysis during formulation, was too slow in reviewing restructuring proposals, and failed to provide the promised high-level policy advocacy to the Chilean government.

The report examines how public development banks can address barriers to coal phase-out through advisory services, technical assistance, and financing. It warns against risks such as moral hazard and the indirect support of natural gas capacity, recommending that banks seek firm commitments from governments to stop future fossil fuel investments. Specific guidance is provided for engaging national policymakers, utilities, and independent power producers (IPPs) to ensure transitions align with 1.5°C goals.

The report argues that next-generation geothermal technologies, specifically Enhanced Geothermal Systems (EGS) and closed-loop systems, can expand U.S. geothermal resource potential from 40 GW to over 5,000 GW by engineering reservoirs in ubiquitous hot rock. It outlines a two-phase pathway: reaching 'liftoff' by 2030 through 2-5 GW of deployment across 5-10 geologic settings, followed by scaling to 90-132 GW by 2050. Key barriers identified include high up-front capital costs, long federal permitting timelines (7-10 years), and the need for power purchase agreements (PPAs) that value clean firm and flexible power. The report highlights that the industry can leverage the existing oil and gas workforce and supply chain to accelerate deployment.

The U.S. clean energy sector saw record growth in 2023, particularly in solar installations and EV sales, supported by the Inflation Reduction Act and Bipartisan Infrastructure Law. However, the transition faces significant headwinds from rising interest rates, supply chain shortages for transformers, and a lagging transmission system. To meet 2035 carbon-free electricity goals, annual renewable installation rates must nearly double, and transmission capacity may need to double or triple.

The report finds that many major companies rely on low-impact Renewable Energy Certificates (RECs) that do not contribute to additional renewable capacity. While some are transitioning to Power Purchase Agreements (PPAs) or 24/7 hourly matching, global initiatives like the GHG Protocol and RE100 are criticized for providing insufficient incentives for these higher-quality strategies. Additionally, supply chain renewable electricity remains a significant gap for most assessed companies.

The document analyzes the current state of electricity markets in India, noting that while power exchanges (PX) are growing, they only account for 7% of total demand. It identifies key barriers to market adoption, including the dominance of inflexible long-term power purchase agreements (PPAs), unpredictable market clearing prices, and inaccurate supply-demand forecasting. The paper highlights that states like Gujarat and Tamil Nadu could achieve significant fuel cost savings by shifting from PPAs to day-ahead markets (DAMs). It recommends redesigning PPA structures, introducing contracts for differences (CFDs), strengthening institutional market monitoring, and developing state-level resource adequacy frameworks to better integrate variable renewable energy.

The report highlights a rapidly growing energy services market in South Africa, driven by unreliable grid supply (loadshedding) and rising electricity costs. Rooftop solar PV and BTM Li-ion storage are identified as the most lucrative short-term opportunities, supported by new financing mechanisms and regulatory shifts. However, the sector faces significant headwinds from skilled labor shortages, institutional capacity constraints, and severe inefficiencies in port logistics affecting equipment imports.

The report outlines a total potential market size of R468 billion by 2030 for large-scale renewable energy in South Africa, split between private procurement (R214 billion), public procurement (R212 billion), and local component manufacturing (R42 billion). Private procurement is growing rapidly due to the removal of generation licensing requirements and the demand for energy security amidst loadshedding. Public procurement is driven by the REIPPPP and municipal tenders, though it faces policy uncertainty and municipal financial strain. Local manufacturing is supported by the South African Renewable Energy Masterplan (SAREM) and trade agreements, but is hindered by low cost imports and grid constraints. Key systemic barriers include severe grid capacity constraints in high-yield areas and a critical shortage of technical skills for installation and commissioning.

The policy brief argues that existing coal retirement mechanisms (CRMs) in Asia and Africa are failing to translate pledges into funding and effective plant closures. It identifies barriers such as the prevalence of non-concessional loans, the risk of 'emission leakage,' and the moral hazard of incentivizing new coal build-out. To address these, Reclaim Finance and 11 partner organizations propose ten principles, which include an immediate stop to coal expansion finance, the replacement of coal with renewables rather than gas, the prohibition of tradeable carbon offsets, and the requirement for transparent, auction-based retirement processes.

The REIPPPP has successfully added 6,308.68 MW of renewable electricity to South Africa's grid and supported local industry, but it has been hindered by policy uncertainty, grid capacity bottlenecks, and a six-year gap between Bid Windows 4 and 5. The document argues that for the programme to reach the Integrated Resource Plan 2019 goals for solar PV and wind by 2030, South Africa must unbundle Eskom, establish an Independent Systems Market Operator (ISMO), and optimise transmission infrastructure. It recommends streamlining bid windows, enhancing regulatory transparency, and leveraging the South African Renewable Energy Masterplan (SAREM) to promote strategic localisation and job creation.

The RMI Aluminum GHG Emissions Reporting Guidance establishes a framework for product-level emissions reporting in the aluminum sector. It defines fixed system boundaries—benchmarking and full—to ensure comparability regardless of a producer's vertical integration. The guidance emphasizes the use of primary data, provides specific calculation procedures for primary and recycled aluminum, and outlines a hierarchy for sourcing renewable energy to drive sectoral decarbonization.

India would need an additional $101 billion in financing to align with the IEA Net-Zero Emissions (NZE) pathway by 2030, bringing total investment needs to $394 billion. To meet this goal, solar generation must reach 819 TWh and wind 259 TWh, requiring total combined capacity of 571 GW. This necessitates a five-fold increase in annual solar and wind additions by 2027. The report highlights that securing competitive financing is critical to avoid coal capacity lock-in and manage systemic investment risks such as payment delays and PPA renegotiations.