G L O B A L C H I N

Both processes involve acquiring a substantial share of the plant’s debt and equity and gaining management control to enable the AMC to be involved in various aspects of the early retirement process. [...] Both processes involve acquiring a substantial share of the plant’s debt and equity and gaining management control to enable the AMC to be involved in various aspects of the early retirement process. [...] Table 1: Issues Considered for Effective Transition of Coal-fired Power Plants Management Financing • Political buy-in and cooperation with operators • Finding the right financing/refinance options • Planning, prioritizing and sequencing the transi- • Public-private partnership and power purchase tion of the coal fleet agreements • Just transition for affected employees and • Debt, equity and cash. [...] Legal and institutional planning Regulatory and institutional Provide real time feedback to assessments legislators and regulators Transparency and accountability Consult with key stakeholders Ready to adopt best practices for climate and social outcomes Regional focus Southeast Asia and scalable Selected countries globally Can be active in conducive mar- to other parts of Asia and the kets global. [...] cial intermediaries, and such financing can also be timely updated if needed Risk management ex-ante: finding the right mix of policies, sponsors ex-ante: willing to take more risks and getting to the and operators, financing package and working deals early; and ex-post: may choose to exit deals through the project cycle early when risks are known, and business process established Source: Author’s.