Accelerating Coal Transition Investment Program

The Accelerating Coal Transition (ACT) investment program is a world first, dedicated to supporting fast-growing, coal-dependent economies embark on a just and effective pathway to cleaner futures.

Piloting just transitions

Coal is the largest source of man-made CO2 emissions worldwide, supplying just over a third of global electricity. The sector’s sheer size means that rapid transformation can deliver a game-changing reduction in emissions.

The $2.2 billion ACT program was established to accelerate large-scale energy transitions in fast growing middle-income countries highly dependent on coal-fired power plants. We support all aspects of the transition, from building the buy-in and technical know-how for effective national policies, to working with public and private actors on the repurposing of existing coal assets and ensuring a just transition for affected communities. With the right investments, developing countries pioneering a shift away from coal can unlock cleaner, greener rewards.

THE REACT TOOL: INFORMING COAL TRANSITION STRATEGIES

To advance knowledge and analysis on coal transition, CIF published the ReACT report. Drawing on findings from this report, the ReACT Tool breaks new ground by providing an online, user friendly tool to inform transition strategies. It analyzes information on up to 200 coal power plants and helps identify the most suitable for early retirement, evaluating climate smart options to repurpose infrastructure: these can be energy and non-energy such as solar, storage, green hydrogen, or reforestation solutions among others.

The ReACT Tool seeks to build capacity, share knowledge and accelerate a transition towards a net zero future. While the ReACT Tool does not replace the need for detailed feasibility studies, it does offer a sound preliminary assessment to help decision makers understand key considerations to underpin their coal transition strategies.

Visit this page to test the ReACT Tool.