Committed fossil fuel emissions already amount to over two-thirds of the remaining carbon budget. Accelerated decommissioning of coal plants can significantly contribute toward the goal of limiting warming to 1.5 degrees. There are several alternative business models, or combinations of models, that countries could consider depending on their national context and the set of coal plants that they target. Business Models for Transition of Coal Generating Capacity presents the pros and cons of plausible business models and associated financing options for decommissioning of coal generation capacity based on the global experience thus far.