• John Kerry unveiled a plan for a new carbon credit program aimed at mobilizing private capital to help middle-income countries transition away from coal and move toward renewable energy.
• The plan, dubbed the Energy Transition Accelerator, was announced in partnership with the Bezos Earth Fund and the Rockefeller Foundation. Kerry, who is the Biden administration’s climate envoy, told an audience at the COP27 climate conference in Egypt that the goal is to “have this up and running no later than COP28,” which will take place next year in Dubai.

Tagged: Climate