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This report analyzes climate finance for agricultural risk management in Brazil from 2015 to 2020, detailing the roles of public and private funding in enhancing agricultural resilience against climate events such as droughts and excessive rains.

Between 2015 and 2020, climate finance for land use in Brazil's financial market relied on thematic bonds, BNDES low-cost credit, and CBIOs. Thematic bonds averaged US$ 1.0 billion per year, primarily benefiting the forest sector, while BNDES provided US$ 242 million per year in low-cost credit, mostly for bioenergy. CBIOs, introduced via RenovaBio, saw US$ 126 million traded in 2020. Tracking these flows is hindered by a lack of standardized project-level disclosure in the private market.

This report analyzes the role of rural credit as the primary climate finance instrument for land use in Brazil between 2015 and 2020, detailing the sources of funding, the regulatory framework of the Brazilian Agricultural Plan, and the specific credit lines used to promote low-carbon agriculture.

The document details the real estate portfolios of MAVERIC consortium partners, who manage assets with a total market value of approximately SEK 590 billion (excluding Swedbank's mortgage exposure). It outlines the classification of real estate assets into residential, commercial, and industrial sectors, and explains the accounting standards (IAS, IFRS, and US GAAP) used for valuation. The portfolios are heavily concentrated in offices and retail space, with primary geographic focus in Stockholm, Gothenburg, and Malmö.

The report analyzes the I-JETP's goal of mobilizing $20 billion for Indonesia's energy transition, framing it as an initial 'downpayment' for a much larger requirement potentially exceeding $200 billion over 15 years. It identifies a '3+1' funding strategy involving international public, international private, domestic private, and domestic public capital. Key challenges include rising global interest rates increasing the absolute cost of renewables, the need for significant grid/transmission upgrades, and the necessity of policy reforms regarding power purchase agreements and the role of the state utility PLN. The author argues that success depends on the Government of Indonesia's commitment to policy predictability and the international community's willingness to provide concessional financing that ensures electricity affordability.

The report analyzes Indonesia's power sector finance from 2015 to 2021, revealing a significant gap between current renewable energy investment and the USD 16 billion annually required for the NZE 2060 scenario. It highlights a projected annual financing gap of USD 13 billion for renewable generation, particularly in solar and hydro, and recommends policy reforms to divest from fossil fuels and scale up renewable energy infrastructure.

The Private Equity Stakeholder Project and Action NC urge the North Carolina State Treasurer to implement guidelines for housing investments to protect residents from corporate landlord practices. The letter highlights that the North Carolina Retirement System (NCRS) has invested billions in private equity firms like Landmark Partners, Blackstone, Meadow Partners, and Brookfield Asset Management, which are linked to aggressive evictions, poor maintenance, and steep rent hikes in North Carolina and other U.S. cities.

The report examines the financial and energy impacts of the US Departments of Housing and Urban Development (HUD) and Agriculture (USDA) proposing to adopt the 2021 International Energy Conservation Code (IECC). It highlights that transitioning to the 2021 IECC could reduce energy consumption by 27% and save $14,536 in life cycle costs per single-family home. The analysis emphasizes that all-electric homes are cheaper to build and operate than gas-powered homes, and that the Inflation Reduction Act's 45L tax credit—offering up to $5,000 for Zero Energy Ready Homes (ZERH) and $2,500 for ENERGY STAR certification—makes high-efficiency construction financially viable, particularly in the Southeast US.

The Resilient Homestead and Livelihood support to the vulnerable coastal people of Bangladesh (RHL) project aims to reduce the vulnerability of approximately 362,475 direct beneficiaries in seven coastal districts. With a total budget of USD 49.99 million, the project focuses on constructing 3,000 climate-resilient houses with raised plinths, establishing 50 micro-crab hatcheries to create a sustainable supply chain, and promoting goat and sheep rearing in slatted houses. The initiative specifically targets women and ultra-poor households to enhance food security and reduce urban migration caused by sea-level rise and salinity intrusion.

The report finds that climate finance for agrifood systems is strikingly low, representing only 4.3% of total global project-level climate finance in 2019/20, with an annual average of USD 28.5 billion. This is far below the estimated needs for climate transition, which are in the hundreds of billions of dollars annually. While agriculture and forestry receive the bulk of project-level funding, essential mitigation areas like food loss/waste and low-carbon diets receive less than 1% of such investments. Geographically, East Asia and the Pacific are the largest recipients of project-level finance, while the US and Canada dominate venture capital investments. The report suggests that repurposing existing public subsidies for agriculture and fisheries (USD 670 billion per year) and tapping into available private capital (USD 630 billion per year) could bridge the funding gap.

The report identifies that over 93 percent of coal power is shielded from competition via power purchase agreements (PPAs). Using a representative Indonesian PPA as a model, RMI proposes three pathways for decarbonization: early termination, replacement with clean energy PPAs, and restructuring for emission reductions. The analysis suggests that coal transition mechanisms (CTMs), such as blended finance loans and managed transition vehicles (MTVs), can maintain costs for taxpayers and earnings for investors while significantly reducing emissions. Specifically, an MTV could drive an 80 percent emissions reduction between 2025 and 2035, and combining CTMs with policy shifts could increase owner earnings by up to 30 percent and cut emissions by up to 90 percent.

Climate finance for agrifood systems is critically low, representing only 4.3% of total project-level climate finance in 2019/20. The report highlights a massive investment gap, noting that current flows must increase at least sevenfold to meet conservative transition needs. While agriculture and forestry dominate project-level funding, essential mitigation areas like food loss and low-carbon diets are severely underfunded. The analysis reveals a heavy reliance on public funding (85%) and significant geographic disparities, with East Asia and the Pacific receiving the most finance, while South Asia and Latin America remain underserved relative to their emissions and vulnerability. The report advocates for repurposing harmful agricultural subsidies and leveraging private capital to scale climate-resilient and low-carbon food systems.

The document outlines a systemic framework for tracking climate finance in agrifood systems, expanding beyond traditional AFOLU (Agriculture, Forestry, Other Land Uses, and Fisheries) categories to include downstream agro-industries, food loss, waste, and diets. It details the methodology for estimating global annual investment needs—drawing from FOLU, UNEP, and Thornton et al.—and provides a granular breakdown of tracked project-level and company-level investments for 2019/2020. The annexes also include a corrigendum from February 2024 that significantly revises venture capital investment figures upward.

The report finds that despite robust anti-money laundering policies, there are few financial investigations into migrant smuggling in Senegal and Sierra Leone due to resource gaps and the prevalence of cash-based, informal financial systems. Smugglers utilize 'pay-as-you-go' and 'full-package' models, moving funds through hawala systems and foreign currency black markets to avoid detection. Illicit proceeds are frequently laundered through real estate, the hospitality industry, and faith-based organisations. The study highlights significant institutional challenges, including underfunded Financial Intelligence Units (FIUs), a lack of beneficial ownership registries in Senegal, and corruption within law enforcement in Sierra Leone.

Reclaim Finance criticizes the Royal Bank of Canada (RBC) for becoming the top global financier of fossil fuels, providing US$40.6 billion in financing last year. The organization highlights significant loopholes in RBC's October 2020 coal policy, which excludes only new clients and uses high revenue thresholds (60%) that fail to capture the majority of coal mining and power companies. The document details RBC's continued support for coal developers like Glencore and RWE, as well as utilities in the US and Canada that lack credible coal phase-out plans, urging the bank to adopt a mandatory coal exit by 2030 in the OECD and 2040 globally.

The document argues that industrial decarbonization in the Global South faces steeper investment challenges than renewable energy, requiring custom solutions, innovative business models, and policy interventions to address high costs and perceived risks.

The report argues that federal investments in clean electricity will lower overall energy expenses for Canadians by 2050, despite modest increases in electricity rates, provided that provinces implement targeted affordability measures for low-income households.

The report argues that Progress Residential has extracted over $60 million in wealth from Hennepin County, specifically targeting starter homes in the historically Black neighborhood of North Minneapolis. This extraction occurred through home value appreciation and the collection of monthly rents, which prevented working-class families from building equity. The document also details systemic maintenance failures, high tenant fees, and the broader context of racial disinvestment in North Minneapolis.

The report finds that 30 major asset managers invested at least $3.5 billion in newly issued bonds from fossil fuel developers, with Vanguard and BlackRock as the top investors. It argues that existing engagement activities are insufficient, noting that only 20% of coal and oil and gas companies engaged by the CA100+ initiative have set net-zero ambitions by 2050. The analysis reveals a lack of robust sector policies, with only one manager (Ostrum) having measures to induce oil and gas companies to stop expansion plans. The report concludes that asset managers often prioritize short-term gains over the long-term interests of asset owners and recommends immediate cessation of support for coal and oil and gas expansion.

BNP Paribas has announced new restrictions on financing new oil and gas fields and floating production storage and offloading (FPSO) units, as well as a commitment to stop financing companies specialized in oil production. However, Reclaim Finance argues these measures are inadequate because they do not cover liquefied natural gas (LNG) terminals or corporate bonds, and they allow the bank to continue providing general financial services to major integrated oil and gas companies. Since 2016, BNP Paribas has provided over $45 billion to nine major European and US oil and gas firms, representing 27% of its total sector financing.