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Reclaim Finance assesses the transition of Climate Action 100+ (CA100+) into its second phase (running until 2030), claiming the initiative's first phase was a failure. The organization highlights that most target companies have not aligned capital expenditure with a 1.5°C trajectory and that investors have failed to use voting power to sanction inadequate climate strategies. While noting new accountability requirements for lead investors, Reclaim Finance argues the framework remains too focused on disclosure rather than implementation and calls for robust escalation strategies and systematic sanctions for non-compliant companies.

The Royal Bank of Canada (RBC) is identified as the top financier of fossil fuels globally, providing $40.6 billion in funding last year. The text argues that RBC's weak coal policy contradicts its membership in the Net-Zero Banking Alliance and demands the bank cease financing coal expansion to align with climate science.

The World Resources Institute (WRI) and Earthjustice oppose the U.S. EPA's finalized Renewable Fuel Standard (RFS) for 2023-2025, which increases the required volume of biofuels in transportation fuel. WRI argues that crop-based biofuels, such as corn ethanol and soy biodiesel, are inefficient compared to electrification, threaten food security by occupying 60 million acres of U.S. farmland, and increase emissions. The organization advocates for a shift toward electric vehicles and climate-smart agriculture rather than incentivizing fuel production from crops.

The statement criticizes a Ceres paper titled "Key Elements for a Net Zero Transition at Oil and Gas Exploration and Production Companies," claiming it fails to require absolute emission reductions or alignment with 1.5°C pathways. The authors argue that because Ceres advises the Glasgow Financial Alliance on Net Zero (GFANZ), this weak framework could erode established norms for net-zero finance by favoring the interests of the oil and gas industry, specifically citing the involvement of companies like ConocoPhillips and Pioneer Natural Resources in the paper's development.

Reclaim Finance analyzes the Ceres document "Key Elements for a Net Zero Transition at Oil and Gas Exploration and Production Companies," concluding that it favors "business as usual" for the fossil fuel industry. The analysis identifies seven key weaknesses, including the failure to require Scope 3 targets, the reliance on intensity-based rather than absolute emission targets, and a lack of restrictions on carbon offsets. Reclaim Finance asserts that the Ceres framework is influenced by industry players like ConocoPhillips and fails to meet the standards set by GFANZ, the IPCC, and the IEA, which necessitate absolute production cuts to maintain a 1.5°C pathway.

The Southeast Asian Working Group on Fossil Gas and Energy Transition argues that Vietnam's PDP8 fails to provide a genuine energy transition by maintaining significant roles for coal and fossil gas. While the plan increases renewable capacity to over 70 GW by 2030, the group claims the resulting renewable share of 30.9% to 39% is lackluster. The group specifically warns against the 'meteoric rise' of LNG and the use of ammonia and hydrogen as transition fuels, calling on international financiers to stop promoting gas and instead support a 1.5°C-aligned transition through the Just Energy Transition Partnership (JETP).

The African Forum and Network on Debt and Development (AFRODAD) expresses concern that the African Development Bank's (AfDB) focus on mobilizing private sector financing for climate and green growth prioritizes profit over people and increases country debt vulnerabilities. While AFRODAD supports AfDB President Dr Akinwumi Adesina's calls to reform the global financial architecture, it warns that such calls remain rhetoric without strategic action to address high interest rates and limited financial access. The document highlights a significant disparity in climate finance, noting that Africa accounts for 3% of global carbon emissions and loses $7-15 billion annually to climate change, yet receives only about 3% of global climate finance (USD$18.3 billion). AFRODAD advocates for debt solutions including suspension, restructuring, and cancellation, support for a UNCTAD-proposed International Developing Country Debt Authority, and measures to resolve illicit financial flows.

A coalition of 181 organizations calls on G7 leaders to end the promotion of 'false energy transition solutions'—specifically Japan's Green Transformation (GX) policy—and to cease all international public finance for fossil fuels. The statement argues that current G7 commitments are insufficient, citing continued investments in gas and ammonia co-firing in Southeast Asia and Africa, and urges a shift toward renewable energy and fair funding mechanisms for the Global South.

Carbon Market Watch (CMW) responds to a South Pole consultation on a new corporate claim, "Funding Climate Action - with Verified Climate Contributions." CMW supports moving away from "carbon neutral" claims but criticizes the continued use of a "tonne-for-tonne" approach, which it argues incentivizes low-quality, cheap credits. CMW proposes a "dollar for tonne" model and demands full financial transparency regarding the flow of funds from buyers to projects. The response also outlines six fundamental criteria for firms, including the requirement to demonstrate that emissions are truly "unabatable" and to account for all scope 1, 2, and 3 emissions before utilizing carbon credits.

The Changing Markets Foundation asserts that Nestlé's net zero roadmap is a "green mirage" that fails to meet any of the UN's Integrity Matters recommendations. The analysis highlights a significant "methane blindspot," noting that Nestlé does not separately report methane emissions, which are estimated to be twice those of Switzerland's entire livestock sector. The author criticizes Nestlé's reliance on regenerative agriculture over proven solutions and its strategy to grow plant-based portfolios alongside dairy rather than using them as substitutes to reduce overall emissions. Furthermore, the document claims that Nestlé's actual emissions have reduced by only 1% over five years, contradicting the company's reported 6.4% reduction achieved through "creative accounting."

Carbon Market Watch critiques the European cement association's (Cembureau) claims that cement production and use can provide carbon removals. The author argues that proposed methods—including the use of sustainable biomass with CCS, enhanced carbonation, and natural carbonation—fail to meet the criteria for permanent and additional removals when full life-cycle assessments are considered. The document urges the EU to focus on proven removal techniques and industrial decarbonization strategies, such as reducing clinker-to-cement ratios and phasing out free pollution permits under the Emissions Trading System.

Reclaim Finance criticizes TotalEnergies for denying responsibility for scope 3 emissions and opposing a shareholder resolution to set reduction targets for these emissions. The organization argues that TotalEnergies influences fossil fuel demand through lobbying and investment and maintains a "climaticide" strategy by planning hydrocarbon production for 2030 that is 81% higher than the level required for a 1.5°C scenario. Reclaim Finance highlights that international standards, such as the SBTi and CSRD, increasingly require scope 3 reporting and targets, and notes that TotalEnergies plans to allocate at least 67% of its 2030 capital expenditures to fossil fuels.

A coalition of civil society organizations (CSOs) has condemned the proposed Approach to Remedial Action by the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The CSOs argue that the proposal fails to implement recommendations from a 2020 External Review, ignores existing harms by applying only to new projects, and lacks concrete mechanisms to guarantee financial remedy for affected communities.

The document argues that IFC and MIGA proposals fail to address the need for effective remediation of environmental and social damages and lack a human rights-based approach to responsible exit from projects.

The Canadian Climate Institute argues that the Parliamentary Budget Officer's (PBO) analysis of carbon pricing is flawed because it ignores the economic costs of climate change and the global shift toward carbon neutrality. While acknowledging the PBO's finding that 80% of households in most provinces benefit from rebates, the Institute asserts that the PBO uses a fictitious scenario of zero climate consequences and fails to account for the risk to Canada's competitiveness and exports in a world where 92% of global GDP comes from countries targeting carbon neutrality.

The document argues that Japan's use of biomass co-firing and coal-to-biomass conversion is greenwashing that prolongs the life of inefficient coal plants and destroys forest ecosystems. It highlights that 31 coal-fired units in Japan already co-fire with biomass and that wood pellet imports increased 61-fold over the last decade to 4.41 million tons in 2022. The signatories claim that treating biomass as "carbon neutral" ignores lifecycle emissions and that METI's accounting methods allow inefficient plants to appear efficient. The NGOs urge the Japanese government to exit coal regardless of co-firing, stop supporting biomass power plants using non-waste fuels, and account for biomass combustion emissions at the plant and national levels.

The document argues that Japan's use of biomass co-firing in coal plants and the conversion of these plants to dedicated biomass facilities is 'greenwashing'. It claims these practices accelerate climate change by emitting CO2 and prolonging the life of inefficient coal plants, while simultaneously driving deforestation and biodiversity loss in Southeast Asia and North America to meet the rising demand for wood pellets.

The European Central Bank's (ECB) March 2023 climate disclosures reveal that its corporate asset portfolios have not decarbonized at a pace matching European climate goals, with total carbon emissions increasing by approximately 88% between 2018 and 2022. The report argues that the ECB's 'climate tilting' framework is insufficient because it only applies to reinvestments rather than the existing stock of assets and fails to exclude fossil fuel developers. To align with its 2021 climate roadmap, the author recommends that the ECB extend its climate approach to the stock of corporate bonds and exclude companies inconsistent with the 1.5°C objective.

The document details the presence of 88 coal ash dumpsites within two miles of the Great Lakes, consisting of 34 federally regulated and at least 54 unregulated legacy ponds and landfills. It highlights widespread groundwater contamination at these sites, noting that 91% of coal plants nationwide pollute groundwater above federal health standards. The report calls for the EPA to strengthen the 2015 Coal Ash Rule to eliminate exemptions for legacy sites and prohibit the use of coal ash as fill.

GreenLatinos condemns H.R. 1 as a 'gift' to the fossil fuel industry that prioritizes oil, gas, and mining interests over clean energy and public health. The organization argues the bill creates dangerous loopholes, dismantles environmental laws, and increases pollution-related health risks, particularly for Latino communities.