Verra launches world’s first transition credits methodology

Published on May 6, 2025

The new rules enable the issuance of carbon credits from retiring coal plants and replacing them with renewables. The carbon registry requires at least 2 per cent of expected revenue to be set aside for the developer’s just transition plan.

Continue reading on website
Other news

Neighboring states’ nuclear debacles loom over North Carolina bill

May 6, 2025
Proposed legislation in North Carolina that would allow utility Duke Energy to charge customers for power plants still under construction is taking heat from opponents across the political spectrum, in part because similar schemes have left residents in neighboring states holding the bag for pricey abandoned nuclear…

Gates Foundation sets up Singapore office; fronts US$100 million philanthropic effort for regional health initiatives

May 6, 2025
It will be the foundation’s first office in Southeast Asia. Speaking at the annual Ecosperity conference in Singapore, the American billionaire philanthropist also said the Trump-led pushback on climate will subside.