Singapore's central bank lays out next steps to help Asia leave coal behind
Singapore's central bank has laid out the next steps in its efforts to help Asia transition away from coal plants. It released its latest interim report on transition credits to help such plants shift towards more climate-friendly sources of energy. This is with the help of a new financial instrument called the Transition Credits Coalition. Claudia Lim with more from COP29 in Baku, Azerbaijan.
Singapore's central bank has laid out the next steps in its efforts to help Asia transition away from coal plants. It released its latest interim report on transition credits to help such plants shift towards more climate-friendly sources of energy. This is with the help of a new financial instrument called the Transition Credits Coalition. Claudia Lim with more from COP29 in Baku, Azerbaijan.
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