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Drilling Down on Methane Loss
An analysis of Texas oil and gas data reveals that methane waste is significantly underreported, with estimates suggesting actual losses are 3 to 4.5 times higher than official figures. The study finds that venting is the primary source of underreporting, particularly in low-production oil wells where economic incentives discourage gas capture. The report argues that current self-reporting systems are insufficient and recommends disaggregated reporting and more stringent regulations to reduce environmental harm and recover lost tax revenues.
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Document type: Report
Renewables cut annual electricity bills by one month in Türkiye
In 2025, renewable energy reduced annual household electricity bills in Türkiye by an average of 9%, with some monthly savings reaching 17%. While renewables lowered wholesale prices by up to 45%, the full benefit is not passed to consumers due to regulated tariff structures and the lack of hourly demand-side management for residential users. The report suggests that implementing demand-side management could double annual household savings to 15.7%, and removing the zero-price floor to allow negative pricing would further lower costs.
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Document type: Report
Tarification carbone industriel : Timbit par baril pour le secteur des sables bitumineux canadiens
The Canadian Climate Institute asserts that industrial carbon pricing is designed to incentivize emission reductions while minimizing costs to industry. For oil sands producers, current average costs are 9 cents per barrel, and projected costs under a strengthened policy (targeting $130 per tonne by 2030) would rise to approximately 50 cents per barrel. Analysis of 17 years of provincial trade data across 10 provinces and 19 sectors found no statistically significant evidence that carbon pricing has contracted exports.
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Document type: Statement
With or without penalties, CORSIA doesn’t score for the climate
The author contends that CORSIA fails to address aviation's climate impact because it only covers emissions above a high baseline and lacks binding national enforcement mechanisms. Even with penalties, the scheme would only cover 20% of emissions for a Brussels-New York flight by 2030. In contrast, the EU ETS is presented as a superior model due to its 100% coverage of intra-EEA flights and harmonised penalties of €100 per tonne of CO2. The document advocates for the European Commission to extend the EU ETS to all departing flights by mid-2026, which could generate up to €9 billion annually by 2030 to fund zero-emission aircraft and high-speed rail.
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Document type: Statement
SUMMARY 12th Meeting of the San Giorgio Group
The 12th Meeting of the San Giorgio Group (SGG12) focused on moving climate finance from ideas to large-scale delivery, emphasizing system coherence and country-level impact. The group highlighted that annual climate finance now exceeds USD 2 trillion, driven by renewable energy and transport electrification. Key priorities include reforming Multilateral Development Banks (MDBs), scaling guarantees and catalytic equity, and addressing the high cost of capital in developing countries. The agenda also calls for 'radical localism' to center people in the climate narrative and suggests leveraging artificial intelligence and underutilized public financing institutions, such as export credit agencies, to accelerate the energy transition.
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Document type: Executive summary
Quem Fica de Fora do Pronaf?
The report analyzes inequalities in access to Pronaf credit among Brazilian family farmers, identifying technical assistance (ATER) and cooperatives as key drivers of access. It highlights a stark regional divide, with the South region having significantly higher access than the North and Northeast. The study argues that credit alone is insufficient for climate adaptation and calls for increased investment in ATER, which has seen a downward trend in federal spending, to ensure a just and sustainable agricultural transition.
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Document type: Report
Financing Sustainable Agriculture in the Cerrado Biome
The report finds that while significant financial flows reach the Cerrado, particularly in the MATOPIBA region, the current architecture fails to align agricultural finance with zero-deforestation goals. Sustainable subsidized credit represents only 5.7% of total rural credit in the biome and is highly concentrated among large producers and a few financial institutions. In MATOPIBA, Constitutional Financing Funds (FCFs) provide 62% of subsidized credit but lack transparency regarding sustainability criteria. Blended-finance instruments show promise through risk-mitigation and value chain partnerships but remain limited in scale due to high Brazilian interest rates, regulatory complexity for foreign investors, and the strong economic incentive for land conversion. The authors recommend improving transparency via the Brazilian Sustainable Taxonomy (BST), increasing the share of sustainability-linked public credit, and scaling innovative blended structures to mobilize private capital.
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Document type: Report
O Financiamento da Agropecuária Sustentável no Cerrado
The report finds that while agricultural credit flows to the Cerrado are significant, the current financial architecture fails to align with sustainability goals. Sustainable credit is limited, highly concentrated among large producers and a few financial institutions, and lacks sufficient territorial coverage, particularly in the Matopiba region. The authors recommend improving transparency through tools like the Brazilian Sustainable Taxonomy, increasing the share of financing linked to sustainability results, and scaling innovative blended finance mechanisms to mobilize private capital.
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Document type: Executive summary
Implementing Carbon Pricing in Southeast Asia
The document examines the progress of carbon pricing in three Southeast Asian nations. Indonesia has an advanced regulatory framework and a functioning carbon exchange (IDXCarbon) but struggles with low trading volumes and high emission allowances. The Philippines is in the early stages of designing an emissions trading system (ETS) and exploring voluntary markets. Viet Nam is piloting an ETS for power, steel, and cement sectors, driven by its 2050 net-zero commitment and the impact of the EU's Carbon Border Adjustment Mechanism (CBAM).
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Document type: Policy brief
Rethinking Investment Treaties Public Consultations
The report details the findings of a two-part survey conducted between June and September 2025 with over 60 respondents from academia, government, and civil society. The results indicate a shift in priorities away from traditional investment protection and toward managing the negative impacts of investment and maximizing positive spillovers. While treaties are seen as useful for dispute settlement and international cooperation, national laws are overwhelmingly viewed as the most appropriate tool for addressing sustainable investment and investor accountability. The report also explores technical aspects of treaty reform, including the potential for treaties to scale up renewable energy and the preference for non-adjudicatory compliance mechanisms.
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Document type: Report
Saint Lucia’s National Adaptation Plan Second Progress Report 2022–2024
Saint Lucia's second NAP progress report (2022–2024) documents the transition from planning to implementation across eight priority sectors. While five sectoral plans (water, agriculture, fisheries, resilient ecosystems, and health) are complete, three others (infrastructure, education, and tourism) are being finalized via GCF support. The report highlights achievements in water resource management, climate-resilient agriculture, and blue economy initiatives, while recommending a standardized, simplified monitoring and evaluation (M&E) system to address data gaps and staffing constraints.
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Document type: Report
CATASTROPHES NATURELLES ÉVITER LA CRISE DE L’ASSURABILITÉ EN FRANCE
The report examines the growing instability of France's 'Cat-Nat' insurance regime, where the public reinsurer (CCR) is seeing its reserves deplete while private insurers maintain record profitability. It highlights an emerging insurability crisis for local authorities, particularly in overseas territories and northern France, and argues that the financial burden of climate change is unfairly shifted toward the public sector and policyholders. Reclaim Finance calls for a revision of the financial effort sharing to ensure that major listed insurers contribute more to prevention and repair.
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Document type: Report
Climate factor briefing
The European Central Bank (ECB) will introduce a 'climate factor' on 15 June 2026 to adjust the valuation of marketable assets issued by non-financial corporations used as collateral. The factor penalizes assets tied to high-emission activities based on sector-specific stressors, issuer-specific climate scores, and asset maturity. Reclaim Finance argues the measure is a positive step but suffers from transparency gaps and a flawed annual calculation cycle that may misrepresent risks for short-term assets. The briefing recommends making climate factors public, automating calculations, and extending the framework to credit claims and other asset classes to ensure comprehensive integration of climate risks into monetary policy.
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Document type: Briefing
Être jeunes malagasy et défenseurs environnementaux
The document examines the role of young human rights and environmental defenders (DDHE) in Madagascar, highlighting their innovative use of digital tools for mobilization and the systemic barriers they face, including security threats and symbolic rather than substantive inclusion in governance. It calls for the implementation of international biodiversity targets, the creation of permanent youth participation structures, and the adoption of a national law to protect defenders.
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Document type: Briefing
It is unclear if LNG imports can guarantee Southeast Asia’s energy security
The document examines the trend of ASEAN countries increasing LNG import infrastructure, with planned investments of USD 20.4 billion. It argues that LNG fails to provide true energy security due to its sensitivity to geopolitical shocks, such as the Russia-Ukraine war and tensions in the Middle East, and competition for supply with Europe. The author suggests that Southeast Asian nations should instead prioritize domestic renewable energy, leverage their own solar manufacturing capacity, and accelerate the ASEAN Power Grid to enhance resilience and reduce import dependency.
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Document type: Briefing
Vom Kompromiss zur Synergie: Mineralien mit Mehrwert als Brücke zwischen Klimafinanzierung und Wirtschaftswachstum in Nigeria
The document examines Nigeria's potential to leverage transition minerals—such as lithium, nickel, and cobalt—to drive industrialization and fund climate action. It contrasts the current 'extract-and-export' model, which has left the mining sector contributing only about 0.3% to GDP, with a beneficiation strategy that could significantly increase revenue and create high-skilled jobs. The author highlights the global demand surge for these minerals and the geopolitical opportunity created by the concentration of processing in China. While the Nigerian government has introduced policies to mandate local processing and revoke dormant licenses, the paper notes that a lack of infrastructure and persistent governance deficits, including illegal mining and revenue leakages, remain primary obstacles.
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Document type: Research paper
Outlook of Future Mobility in India with EV Transition
India's transport sector, the country's third-largest GHG emitter, is shifting toward electrification to meet climate commitments. While the transition supports goals like a 30% EV sales share by 2030 and creates jobs in battery manufacturing and charging infrastructure, it necessitates a coordinated strategy for reskilling the workforce to handle complex electric drivetrains and software integration.
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Document type: Report
Indonesia’s Energy Support Measures
Indonesia's energy subsidies peaked at IDR 886.1 trillion in 2022 and remained high in 2024 at IDR 713.5 trillion, with fossil fuel support accounting for 88.9% of the total. The report highlights three dominant costs: electricity compensation for the state utility PLN, 3-kg LPG subsidies, and fuel compensation payments to Pertamina. These measures often benefit higher-income households and create a 'net negative carbon price' that offsets the national carbon pricing scheme. While electric vehicle (EV) incentives have surged since 2020, they remain negligible compared to fossil fuel support. The document recommends a phased reform plan to redirect spending toward renewable energy, targeted social protection, and induction cooking to reduce import dependency and emissions.
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Document type: Report
CEO Note: What does nationalization in Indonesia mean for Nature?
The document critiques the Indonesian government's strategy of nationalizing companies that violated environmental laws, arguing that state-led initiatives like the Food and Energy Estates are causing massive deforestation in Papua. It warns that these projects risk repeating the failures of the 1990s Mega Rice project and may deter foreign investment due to perceived legal instability and corruption. The author suggests that the government should instead leverage its power to force companies to fund ecosystem restoration and shift agricultural expansion to degraded lands rather than intact forests.
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Document type: Statement
Fonds de réserve pour les retraites: public money still serving fossil fuels
Reclaim Finance criticizes the Fonds de réserve pour les retraites (FRR) for its updated fossil fuel exclusion policy, asserting that it continues to support oil and gas expansion and lacks science-based criteria for selecting asset managers.
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Document type: Statement