What is the latest status of the project “Carbon Credit Scheme for Early Coal Plant Closures”?

The status recorded for “Carbon Credit Scheme for Early Coal Plant Closures” is Planned.

Where can I verify the source and access all details for “Carbon Credit Scheme for Early Coal Plant Closures”?

This Taiyo project page references Climate Home News along with the original URL (https://www.climatechangenews.com/2025/05/07/first-carbon-credit-scheme-for-early-coal-plant-closures-unveiled/). Taiyo standardizes official data into a consistent, searchable project profile.

Carbon Credit Scheme for Early Coal Plant Closures

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Source: Climate Home News

Project

Planned

The new carbon credit scheme aims to generate credits from the early phase-out of coal power plants, providing financial incentives for operators to transition to cleaner energy sources. The Rockefeller Foundation hopes to enroll 60 coal plants by 2030, facilitating a shift towards renewable energy while addressing community impacts through a 'just transition' plan.

Status: Prospective
Sector: Residential, Power Generation (CCGT)
Location: West Java, Indonesia
Updated: 22 Jul 2026
Source: Climate Home News

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Project Information

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The project “Carbon Credit Scheme for Early Coal Plant Closures” is an infrastructure initiative in the Residential sector, located in West Java, Indonesia. Taiyo aggregates data on it from Climate Home News.

Participants

Not available for this record.

Status

Original status	Planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The new carbon credit scheme aims to generate credits from the early phase-out of coal power plants, providing financial incentives for operators to transition to cleaner energy sources. The Rockefeller Foundation hopes to enroll 60 coal plants by 2030, facilitating a shift towards renewable energy while addressing community impacts through a 'just transition' plan.
Original sector	Energy

Location

Country	Indonesia
State	West Java

Source

Source	Climate Home News
URL

More Details

Record type	Project
Sector	Residential, Power Generation (CCGT)
Article published date	2025-05-11

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Carbon Credit Scheme for Early Coal Plant Closures

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