Scenarios for financial modeling of China-funded coal retirement in Asia

Discussions about the early retirement of CFPPs have flourished over the past year. Driven by a global understanding of the need to urgently reduce greenhouse gas emissions (GHG) to reduce the risk of catastrophic climate change, multiple ideas have emerged on how different tools of financing – from buy-outs to sustainability-linked debt, as well as ratepayer-backed securities to asset portfolio securitization – can be harnessed to ensure a just transition for affected stakeholders […]

Accelerated Retirement of China’s Overseas Coal-Fired Power Plants Can Unlock Massive Energy Transition Potentials for South & Southeast Asia

A foundational pillar of addressing climate change that was unthinkable only three years ago is now becoming reality: the early retirement of coal-fired power plants in emerging economies. During the G20, Indonesia launched its Just Energy Transition Partnership (JETP) – a breakthrough climate finance partnership designed to mobilize $20 billion in public and private financing over the next 3-5 years in support of Indonesia’s accelerated and equitable energy transition. […]

Anthropocene Fixed Income Institute and Climate Smart Ventures launch “Transition-Southeast Asia (T-SEA) Partnership” to accelerate coal asset transitions with financing

The Anthropocene Fixed Income Institute (AFII), a research organization that empowers fixed income investors to drive the climate transition, and Climate Smart Ventures (CSV), an advisory firm based in Singapore focused on corporate energy transition plans that shift coal assets to renewables, are excited to announce their Transition-Southeast Asia (T-SEA) partnership. […]

Climate Smart Ventures launches report showing that Battery Energy Storage Systems can already lower electricity costs while further mainstreaming RE in the Philippines

A new study by Climate Smart Ventures Pte. Ltd. (CSV) entitled “Mainstreaming Renewables Through Storage in the Philippines: Scenarios to Accelerate the Energy Transition” has found that the Philippines is already ready to “firm-up” variable output from renewable energy (RE) with use of battery energy storage systems (BESS) for all-day (baseload) or majority of working hours in a day (mid-merit). […]

A private coal retirement pilot in the Philippines just reached financial close:  What this means for “transition finance” in emerging markets

Back in May, CSV released an article outlining the case for coal retirement pilots at the asset level. We argued that pilots offer a practical way of generating live, real-world experience for how such transactions can actually be designed and executed to fit emerging markets and developing economies (EMDEs). We shared three principles that would be essential to get “coal retirement going”: […]

Climate Smart Ventures to co-lead global initiative to spur the transition from coal to renewables

On 4 November 2021, the European Climate Foundation (ECF), Climate Smart Ventures (CSV), Carbon Trust, RMI and International Network of Energy Transition Think Tanks (INETT), with the support of the IKEA Foundation and the Growald Climate Foundation launched a new global initiative called the Coal Asset Transition Accelerator (CATA) at the 26th United Nations Climate Conference (COP26). […]

Are we a decade away from a 100% renewable Asia?

Technological advances and lower capital costs have made renewable energy a mainstream energy market in Southeast Asia. The boom in green investment in Asia is unmistakable, and the continent has set its sights on dominating the global renewable energy stage in terms of new capacity additions, technology development, and energy demand. […]