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IISD Applauds Canada’s Reaffirmation to End Domestic Public Finance for Fossil Fuels in Budget 2024
The IISD supports Canada's commitment in Budget 2024 to release a policy by fall 2024 to end domestic public finance for fossil fuels, noting that such support ranged from CAD 8.1 billion to CAD 14.1 billion annually between 2020 and 2022. The statement also highlights the need for stringent implementation of the Inefficient Fossil Fuel Subsidy Framework and calls for increased climate investments, estimating that Canada requires annual spending of approximately 2% of GDP to remain competitive and mitigate climate impacts.
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Document type: Statement
CMW’s response to the Article 6.4 Supervisory Body consultation on removal activities and broader methodological rules
Carbon Market Watch (CMW) argues for increased stringency in the Article 6.4 mechanism, specifically regarding the permanence of carbon removals and the accountability of project participants. CMW proposes a minimum 100-year monitoring period for removals, the removal of options to cease monitoring based on vague evidence, and the implementation of a reversal risk assessment tool grounded in peer-reviewed science. The response also suggests a fee-based system to fund long-term monitoring and the ability to permanently ban participants who violate human rights or repeatedly cause avoidable reversals.
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Document type: Statement
We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions
The We Mean Business Coalition welcomes the Science Based Targets initiative's (SBTi) updated guidance allowing environmental attribute certificates, such as carbon credits, to be used for Scope 3 emissions. The Coalition argues that this reform provides companies with necessary clarity and tools to accelerate value chain decarbonization while increasing funding for climate projects in the Global South.
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Document type: Statement
CATF Response to UK consultation on hydrogen blending into GB gas distribution networks
CATF opposes the UK government's consultation on hydrogen blending into gas networks, stating that low-carbon hydrogen is too scarce and expensive to be used for residential heating or minimal GHG reductions in power generation. They recommend prioritising 'no regrets' industrial sectors, such as refineries and ammonia producers, and using electrolytic hydrogen from curtailed electricity for long-duration energy storage instead of grid injection.
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Document type: Statement
Response to 2040 EU climate target proposal, methane must be addressed
The document argues that the EU's 2040 climate target must include a specific methane reduction target of at least 44% to prevent crossing irreversible tipping points and limit warming to 1.5 ºC. The authors express concern over the removal of a proposed 30% reduction target for non-CO2 emissions in agriculture and call for mandatory mitigation measures across the agriculture, waste, and energy sectors, including the regulation of imported fossil fuels.
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Document type: Statement
Ember response to the ENTSO-E / ENTSOG TYNDP 2024 storylines consultation
Ember critiques the TYNDP 2024 storylines for having low electrification levels and unrealistic fossil fuel price projections. The organization argues that the 'Green Ambition' (GA) and 'Distributed Energy' (DE) scenarios are not fully self-consistent and fail to align with 1.5C pathways. Ember recommends introducing a higher-ambition scenario with at least 90% emissions reduction by 2040 and urges the removal of fossil methane from heating and transport by 2050.
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Document type: Report
Reclaim Finance response to GFANZ Consultation Paper: “Financing the Managed Phase-Out of Coal-Fired Power Plants in Asia Pacific”
Reclaim Finance argues that GFANZ's guidance on coal managed phase-outs (MPOs) in Asia Pacific must be significantly strengthened to ensure alignment with a 1.5°C scenario, protect civil society, and avoid 'junk' carbon offsets. The organization recommends that financial institutions end all support for new coal infrastructure and that MPOs prioritize the closure of the oldest plants by 2040, without diverting funds toward retrofits or carbon-intensive alternatives like biomass and ammonia.
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Document type: Statement
GreenLatinos Statement on EPA's Power Plant Carbon Rules to Cut Climate Pollution from the Fossil Fuel Industry
GreenLatinos supports the EPA's proposal to set carbon pollution limits for coal and gas power plants to meet U.S. climate goals, but expresses concern over the reliance on carbon capture and sequestration (CCS) and hydrogen blending. The organization advocates for the use of Inflation Reduction Act incentives to prioritize wind, solar, and battery storage over nascent technologies that could perpetuate environmental injustices in Latino/a/e and fenceline communities.
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Document type: Statement
GreenLatinos Community Statement on the Biden Administration’s Conservation in Action Announcements: Castner Range National Monument, Avi Kwa Ame National Monument Designations and the Ocean
GreenLatinos and partner organizations applaud the creation of the Castner Range and Avi Kwa Ame National Monuments and the introduction of the Ocean Climate Action Plan. The group highlights the benefits of these actions for public health, economic opportunity, and the protection of Indigenous sacred sites and biodiversity, particularly for Hispanic, Latino, and frontline communities in Texas and Nevada.
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Document type: Statement
Declaración de la comunidad de GreenLatinos sobre los anuncios de Conservación en Acción de la Administración Biden
GreenLatinos supports the designation of the Castner Range and Avi Kwa Ame National Monuments and the Ocean Climate Action Plan, highlighting their roles in improving public health, protecting indigenous sacred sites, and creating economic opportunities for marginalized communities in the US.
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Document type: Statement
Response to EIOPA discussion paper BoS-22-527on the prudential treatment of sustainability risks
ClientEarth argues that EIOPA's reliance on historical data to assess transition risks is flawed because future decarbonization will be non-linear and more rapid than past trends. The organization advocates for a precautionary approach, specifically proposing a 100% capital requirement for companies engaged in 'New Fossil Fuel Activities' (exploration, expansion, or development). ClientEarth also warns that sustainability market indices and corporate emissions targets are often unreliable due to greenwashing and inadequate methodologies, urging EIOPA to include absolute emissions and scope 3 emissions in its risk assessments to avoid underrepresenting systemic financial risks.
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Document type: Statement
Declaración de GreenLatinos sobre el discurso del Estado de la Unión 2023 del presidente Joe Biden
GreenLatinos endorses President Joe Biden's 2023 State of the Union goals, specifically those regarding the replacement of lead pipes, the construction of resilient power grids, and the transition to clean energy. The organization emphasizes the need for the Inflation Reduction Act and the Justice40 Initiative to provide tax credits and grants to marginalized communities, including Latino, Black, Indigenous, Asian, and Pacific Islander populations, to ensure a just transition and address the disproportionate pollution burdens faced by these groups.
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Document type: Statement
CP22/20: Sustainability Disclosure Requirements (SDR) and investment labels
ClientEarth's response to the FCA's CP22/20 proposes several enhancements to the SDR framework to ensure consumer protection and environmental integrity. Key recommendations include the adoption of a "do no significant harm" principle, the implementation of "double materiality" in reporting, and the tightening of criteria for "sustainable focus" and "sustainable improver" labels. The organization warns that the term "sustainable" may be misleading if products only target narrow objectives while causing harm elsewhere, and calls for a robust enforcement roadmap to oversee the self-certifying labelling regime.
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Document type: Statement
Transition Plan Taskforce: a sector-neutral framework for private sector transition plans
ClientEarth argues that the TPT framework must mandate absolute emissions reductions aligned with a 1.5°C scenario, including Scope 3 emissions, and prohibit reliance on offsets. The organization emphasizes the need for transition plans to be integrated into financial statements and for named directors to be held accountable for delivery. It specifically calls for the prioritization of high-emitting sectors and the inclusion of 'financed emissions' for financial institutions to ensure real-world decarbonization.
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Document type: Statement
Carbon Market Watch response to consultation: “Draft Consensus Statement on High Quality Tropical Forest Carbon Credits”
Carbon Market Watch (CMW) critiques a draft guidance document for companies purchasing tropical forest carbon credits, primarily arguing that the draft implicitly supports 'offsetting'—which CMW deems scientifically inaccurate when substituting fossil carbon with biological carbon. CMW demands the removal of the word 'consensus' from the title, as the draft does not reflect the views of many NGOs and CSOs. The response emphasizes the need for mandatory transparency regarding how much revenue from credit transactions actually reaches indigenous peoples and local communities (IPs and LCs) versus intermediaries. CMW also insists that 'corresponding adjustments' under the Paris Agreement must be mandatory for any claims of emission reductions to prevent double counting.
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Document type: Statement
Sustainability Disclosure Requirements and investment labels
ClientEarth supports the FCA's proposed SDR and labelling framework in principle but warns that without strict criteria and enforcement, the regime could formalise greenwashing. The organization advocates for the adoption of 'double materiality' in disclosures, the removal of the 'Responsible' label, and the refinement of the 'Sustainable-Transition' label to avoid confusion with climate-specific terminology. It further calls for mandatory sustainability impact metrics and a clear enforcement roadmap to ensure accountability for fund managers.
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Document type: Statement
CMW response to public consultation on CBAM proposal
Carbon Market Watch argues that while the CBAM proposal has positive elements, such as basing certificates on verified emissions and avoiding export rebates, it requires significant revisions. Key recommendations include removing the overlap between CBAM and free emission allowances, including bulk chemicals and indirect emissions from the start, providing special considerations for least developed nations and small islands, and recycling revenues toward international climate finance rather than the Next Generation EU facility.
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Document type: Statement
Business welcomes The Glasgow Climate Pact: We Mean Business Coalition statement
The We Mean Business Coalition welcomes the Glasgow Climate Pact as a vital framework for keeping global warming to 1.5°C, noting that it provides the certitude needed for business to scale up climate solutions. The coalition emphasizes the need to fast-track the implementation of national plans and pledges, specifically calling for the phase-out of coal-fired power by 2030 for advanced economies and 2040 for others, and the removal of fossil fuel subsidies by 2025. The statement highlights the importance of the Net-Zero Standard from the Science Based Target initiative (SBTi), the creation of the International Sustainability Standards Board (ISSB) for global reporting, and the agreement on Article 6 rules for carbon markets to drive deep decarbonization.
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Document type: Statement
Ember’s response to National Grid’s FES2022 call for evidence
Ember argues that the assumption that biomass burning is carbon neutral is problematic and that the resulting reliance on BECCS for negative emissions in National Grid's FES scenarios is subject to high uncertainty. The organization advocates for BECCS to be treated as a 'technology of last resort' and requests that FES2022 include at least one net-zero scenario with very low or no BECCS deployment to better quantify trade-offs with nature-based solutions and behavior changes.
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Document type: Statement
CAPE reacts to the IPCC 6th Assessment Report
The Canadian Association of Physicians for the Environment (CAPE) states that the IPCC 6th Assessment Report confirms severe climate change impacts on health at 1 degree of warming and reinforces the urgent need to limit warming to 1.5 degrees Celsius. CAPE argues that while the technical expertise to transition from fossil fuels exists, Canada lacks the political leadership required to implement bold changes. The organization emphasizes that avoiding warming is essential for human health and urges Canadian political leaders, particularly ahead of a federal election, to present clear plans for mitigation and adaptation.
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Document type: Statement