dependent on the availability

There is also a conditional approach to phasing down coal, dependent on the availability of investment and the economic viability of retrofitting. Multilateral development banks (MDBs) and private investors have expressed guarded interest in supporting CFPP transitions, but the risks remain high. MDBs usually focus on de-risking mechanisms, such as guarantees and concessional finance, to attract private capital while prioritising renewable energy projects to align with climate goals.[24] For instance, the Asian Development Bank (ADB)’s Energy Transition Mechanism (ETM)[25] aims to enable early CFPP retirement, and mobilise private sector financing. On the other hand, private investors often view such transitions as economically unviable, citing stranded asset risks, high upfront costs, and uncertain policy frameworks.[26] Programmes such as ADB’s สล็อต