This module establishes criteria and procedures related to a just transition for stakeholders directly or indirectly impacted by the accelerated retirement of a coal-fired power plant (CFPP). This module must be used by projects applying VM0052 Accelerated Retirement of Coal-fired Power Plants Using a Just Transition.
Development History
VMD0061 Just Transition Requirements for Accelerated Retirement of Coal-fired Power Plants, v1.0
Status: Active since May 6, 2025
Developer(s): Coal to Clean Credit Initiative (external) led by The Rockefeller Foundation (external) and supported by South Pole Carbon Asset Management Ltd. (external)
Dates of Public Consultation:
- 1st Consultation: December 4, 2023 to January 16, 2024
- 2nd Consultation: October 17, 2024 to November 20, 2024
Draft Shared During Public Consultation:
- 1st Consultation Documents: VM0052, v1.0 Draft Methodology 1 (PDF), VMD0060, v1.0 Draft Module 1 (PDF).
- 2nd Consultation Documents: VM0052, v1.0 Draft Methodology 2 (PDF), VMD0060, v1.0 Draft Module 2 (PDF).
Summary of Public Consultation: Coming Soon. See Appendix 1 of the VVB Assessment Report
VVB Assessment Report(s): Included in the scope of: VVB Assessment Report for VM0052, v1.0 (PDF)
Announcement(s): 1st Consultation Announcement, 2nd Consultation Announcement, RFP Announcement, New Verra Methodology Supports Coal Phase-Out and Just Energy Transition