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From Theory to Reality: Building Credible Transition Credit Projects
This report by RMI details the development of transition credits to accelerate the retirement of coal-fired power plants, using a pilot project at the South Luzon Thermal Energy Corporation (SLTEC) plant in the Philippines as a case study. It outlines a four-phase framework for moving from project origination to concept development, emphasizing the need for high-integrity baselines, clean energy replacement portfolios, and just transition planning to ensure additionality and avoid moral hazard.
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Document type: Report
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