Alternative financial policies for exit coal in the process of combating climate change

One of the most important challenges in tackling climate change is giving up fossil fuels, especially coal, which contributes significantly to greenhouse gas emissions. Alternative financial strategies are being developed around the world to reduce the use of coal-based energy uses and a sustainable output. Alternative fiscal policies are needed that can effectively accelerate the shift away from coal, mitigate the impact of climate change, and encourage the adoption of energy consumption over time. Carbon sets a price, incentivizing businesses and industries to move towards cleaner energy options, consuming coal emissions and purchasing alternatives. Combating climate change also needs a comprehensive and well-chosen fiscal policy set to successfully exit coal. With this climate change, theoretical and institutional developments regarding coal exit were examined and alternative financial policies for coal exit were discussed. Keywords: Climate, Coal, Green Growth, Renewable Energy.