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The report evaluates the economic viability of restoring peatlands in Central Kalimantan and mangroves in Belitung, Indonesia. It argues that land rehabilitation is most effective when implemented as a package of interventions—such as combining canal blocking, land-use monitoring, and fire suppression for peatlands, or pairing mangrove planting with ecotourism—rather than as isolated measures. For peatlands, the highest societal net benefit (USD 4.136 billion by 2100) is achieved through a combined approach, primarily driven by avoided carbon emissions and fire damages. For mangroves, rehabilitation is deemed economically viable only when linked to additional revenue streams like ecotourism, which provides sustainable livelihoods and prevents land conversion for tin mining. The analysis emphasizes that local community income is critical for long-term success, as without alternative revenue (e.g., carbon payments or tourism), communities may return to environmentally damaging activities.

The document examines the potential for nuclear energy and technology in Africa, contrasting its developmental benefits in medicine and research with the high costs and financial risks of commercial power plants. It finds that major development finance institutions generally avoid nuclear funding, leaving African nations reliant on vendor financing from countries like Russia and China. The authors argue that due to the falling costs of renewables, investing in solar, wind, and energy storage is generally a more cost-effective path to energy security for the continent.

The report finds a significant disparity in India's energy support, with fossil fuel subsidies remaining substantially higher than those for clean energy, reaching 9 times the amount in FY 2021. While overall fossil fuel subsidies decreased by 72% between 2014 and 2021, public finance institutions and state-owned utilities continue to prioritize fossil fuel projects over renewables. The study emphasizes the need to shift financial support toward clean energy technologies to meet the target of 500 GW of non-fossil power capacity by 2030.

The paper identifies the global financial system's orientation toward profitability and the concentration of wealth as primary obstacles to sustainable development. It highlights a significant funding gap for the 2030 Sustainable Development Goals in developing countries and notes that while private flows toward sustainable energy are growing due to ESG standards, they remain insufficient. The author suggests that while government fiscal capacity is limited by administrative needs, entities like sovereign wealth funds and the precedent set by Covid-19 pandemic responses indicate potential for public intervention to redirect financial flows.

The briefing concludes that BP is not on track for the 1.5°C goal, as its projected emissions will exceed its allocated carbon budget by 2033. Despite pledges to reach Net Zero by 2050, the analysis finds that BP's short-to-medium term carbon intensity remains too high and its capital expenditure continues to favor fossil fuels over renewables.

Reclaim Finance has issued a series of formal questions to Société Générale regarding the bank's alignment with a 1.5°C warming trajectory. The document argues that Société Générale continues to provide significant financial services to major oil and gas developers, including ExxonMobil, Chevron, TotalEnergies, and BP, and fails to effectively exclude non-conventional hydrocarbons and coal-producing parent companies from its portfolios.

The briefing concludes that Shell's strategy is not on track to meet the 1.5°C climate goal, predicting the company will exceed its allocated carbon budget by 2034. Despite a net-zero ambition for 2050, the analysis finds that Shell's short-term plans rely on unrealistic offsets and continued investment in oil and gas expansion. The report highlights that Shell remains a top global hydrocarbon developer, with approximately 90% of its 2022 CAPEX allocated to fossil fuels, which contradicts the deep emission cuts required for 1.5°C alignment.

Reclaim Finance critiques Mark Carney's claims that financing for carbon-intensive industries is necessary and consistent with a 1.5°C transition. The organization argues that GFANZ acts as a 'greenwashing operation' due to its lack of enforcement and transparency, and asserts that new fossil fuel infrastructure is neither a viable solution to the energy crisis caused by Russia's invasion of Ukraine nor compatible with IEA pathways. It calls for a managed decline of fossil fuel production and the adoption of strict enforcement mechanisms for financial institutions committing to net zero.

The letter asserts that GFANZ is acting as a "smokescreen" for the financial sector's lack of progress on decarbonization. It highlights a gap between GFANZ's goal of halving emissions by 2030 and the reality that many members continue to fund new coal, oil, and gas projects. The authors demand that GFANZ implement interim milestones, absolute emission targets, mandatory Scope 3 targets for fossil fuel companies, and a ban on using offsets to meet 2030 targets.

The global coal fleet grew by 18.2 GW in 2021, primarily driven by China, which commissioned 25.2 GW of new capacity. While COP26 led to an increase in the number of plants with phase-out dates to 750 (550 GW), a significant gap remains to meet the 1.5C pathway, which would require retiring an additional 1,100 GW. Public financing for new international coal projects has largely ceased following pledges from G20 countries, including China, Japan, and South Korea. However, some nations continue to rely on unproven 'clean coal' technologies like carbon capture and storage (CCS) to extend plant lifetimes.

The report finds that while many countries are committing to end new coal power, China continues to expand its capacity, offsetting global declines. In 2021, global operating coal capacity increased by 18.2 GW, largely driven by China, which accounted for 56% of new operational capacity. Despite COP26 commitments, a significant gap remains between current plans and the 1.5°C warming limit, which would require decommissioning an additional 1,100 GW of capacity by 2030. The report also critiques 'clean coal' technologies like CCS as costly and ineffective distractions from renewable energy.

The document rebuts the Fédération bancaire française's (FBF) assertions that French banks are prioritizing the climate transition. It argues that despite Net-Zero commitments, French banks provided over $350 billion to fossil fuels between 2016 and 2021 and continue to fund companies expanding fossil fuel production, contrary to IEA recommendations for a 1.5°C pathway.

The report finds that the world's 60 largest banks provided USD $4.6 trillion in fossil fuel financing from 2016 to 2021, with $742 billion in 2021 alone. It highlights a significant gap between banks' net-zero commitments and their actual lending and underwriting practices, particularly regarding companies expanding oil, gas, and coal production. The analysis identifies JPMorgan Chase as the world's worst banker of fossil fuels over this period. The report also details financing in high-impact subsectors, such as tar sands, Arctic oil and gas, and coal power, while emphasizing the human rights impacts on Indigenous and frontline communities.

Reclaim Finance assesses TotalEnergies' 2022 climate plan as insufficient, noting that the company's emissions are projected to decrease by only 5.8% to 6.7% between 2015 and 2030. The analysis highlights a 'fossil-first' investment strategy where over 70% of CAPEX remains dedicated to oil and gas, and criticizes the East African Crude Oil Pipeline (EACOP) as fundamentally incompatible with climate goals. The document urges shareholders to vote against the management-sponsored climate resolution at the 2022 AGM.

This policy brief analyzes the financing landscape of Indonesia's electricity generation sector and its alignment with the Ministry of Energy and Mineral Resources' Net Zero Emission 2060 Scenario, highlighting the dominance of fossil fuels and the role of international finance.

The document analyzes India's power sector financing between 2013 and 2019, noting that while utility-scale renewables dominate tracked commitments, continued investment in coal-fired power remains a significant barrier to Paris Agreement alignment. It highlights the risk of stranded assets in the thermal sector and recommends a shift toward green bonds, improved transmission infrastructure, and the accelerated decommissioning of old coal plants to meet 2030 climate targets.

The report examines 21 proposed US LNG export terminals, finding that none reached a final investment decision (FID) in 2021 due to a lack of offtake contracts and project financing. It highlights that only three projects secured direct project finance totaling US$1.6 billion against an estimated total cost of US$244 billion. The document argues that these projects face stiff competition from lower-cost producers like Qatar, regulatory hurdles regarding environmental justice, and a global shift toward renewables. Furthermore, it notes that the combined lifecycle emissions of 19 proposed terminals would be 1 gigatonne of CO2 equivalent per year, contradicting the IEA's Net Zero by 2050 Scenario.

The report examines Packers Sanitation Services Inc (PSSI), a food sanitation company owned by the Blackstone Group, highlighting a pattern of severe workplace injuries and fatalities. It argues that private equity practices, specifically dividend recapitalizations that load companies with debt, create financial pressures that lead to safety shortcuts and the exploitation of vulnerable immigrant and formerly incarcerated workers.

The document examines India's power sector financing between 2013 and 2019, noting that while utility-scale renewables dominate tracked commitments, continued investment in coal-fired power creates significant misalignment with Paris Agreement temperature goals. It highlights the risk of stranded assets in the thermal sector and proposes innovative financial mechanisms, such as green bonds and foreign exchange hedges, to accelerate the energy transition.

The document analyzes power sector financing in Indonesia from 2015 to 2020, revealing a significant investment gap for renewables and a continued reliance on fossil fuels. While international finance for coal dropped sharply after 2018, domestic finance remains heavily skewed toward fossil fuels. To meet the 2060 Net Zero target, Indonesia requires USD 16.1 billion annually for renewables, compared to a tracked average of USD 2.7 billion. The report highlights solar energy as having the largest investment gap and suggests leveraging blended finance, green sukuk, and the Energy Transition Mechanism to phase out coal and scale up clean energy.