por 
THE BAJA POST
NEWSROOM
SOURCE: PR NEWSMEDIA
The U.S. Department of State, the Bezos Earth Fund, and The Rockefeller Foundation today announced next steps for the future governance and structure of the Energy Transition Accelerator (ETA), a high-integrity carbon finance platform aimed at catalyzing private capital to support ambitious just energy transition strategies in developing and emerging economies.
The Center for Climate and Energy Solutions (C2ES) will serve as the ETA’s secretariat, and former Secretary of State John Kerry will serve as honorary chair of the ETA’s newly established Senior Consultative Group.
Today’s announcements at the National Museum of American Diplomacy at the U.S. Department of State are the latest steps in the ETA’s establishment as an independent initiative. The ETA partners began their collaboration at COP27 in Sharm el-Sheikh, Egypt. After a year of extensive consultations with government, business, and civil society stakeholders, the partners released the core ETA Framework at COP28 in Dubai, United Arab Emirates, as several major companies and countries declared their interest in engaging in the continued development of the groundbreaking initiative.
«We must deliver innovative finance solutions at the speed and scale needed to transition to clean power and keep 1.5 degrees within reach. Working in partnership with developing countries, the ETA can mobilize billions to transition away from fossil fuels and achieve an ambitious, just clean energy future,» said John Kerry, former Secretary of State and former U.S. Special Presidential Envoy for Climate. Secretary Kerry led the Department of State’s engagement as a founding partner of the ETA from 2022-2024. Secretary Kerry was joined on stage by John Podesta, Senior Advisor to the President for International Climate Policy.
«LEAF and ETA are forging strong partnerships between governments and the private sector. We invite other governments and other companies to join us in partnership as we carry these efforts forward so that, together, we can achieve the full potential of high-integrity carbon markets,» said Richard R. Verma, Deputy Secretary of State for Management and Resources.
«Investment in the energy transition needs to rise seven-fold by 2030,» said Dr. Andrew Steer, President and CEO of the Bezos Earth Fund. «Carbon credits, done right, can play a vitally important role. The Energy Transition Accelerator, by insisting on the highest standards, can usher in a new phase of high integrity carbon crediting. Now is the time to accelerate investment in an equitable energy transition away from fossil fuels.»
«To advance human opportunity even as we slow climate change, we must invest in the people and communities living on the front lines of the climate crisis. The Energy Transition Accelerator is the sort of innovative solution that can unlock the billions and billions of dollars needed to ensure everyone – not just the wealthiest countries – can access the renewable energy technologies that can bolster the lives of people and communities even as they help protect the planet,» said Dr. Rajiv J. Shah, President of The Rockefeller Foundation.
The ETA will pioneer an innovative sectoral-scale carbon crediting standard enabling developing countries to generate high-quality carbon credits as a way to finance their transition from fossil-generated to clean power. According to preliminary estimates, the ETA could generate tens of billions of dollars in transition finance through 2035.
