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Stratégie climatique de Barclays : greenwashing et business as usual
Reclaim Finance argues that Barclays' updated climate policies are insufficient and constitute greenwashing, as they lack firm commitments to end fossil fuel expansion and dilute previous energy transition engagements.
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Document type: Statement
Česká republika potřebuje zelenou sametovou revoluci
The document contends that the Czech Republic's climate policy is stalled by a 'mantra of productivism' and the dominance of fossil fuel and nuclear oligarchs who control significant media outlets. The author highlights a disconnect between the country's high per capita emissions and its political inaction, noting that progress is primarily driven by European Union pressure. The text criticizes the current government's focus on monumental infrastructure and nuclear energy over community energy and decarbonization. It calls for a new, pluralistic movement to dismantle the power of corporate interests and establish a green, social, and participatory democracy, drawing a parallel to the 1989 Velvet Revolution.
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Document type: Statement
10 questions MPs should ask the President in his SONA reply
The IEJ criticizes President Ramaphosa's SONA for lacking concrete plans to address South Africa's economic crises, poverty, and unemployment. The organization urges MPs to question the President on the sustainability of the Social Relief of Distress (SRD) grant, the risks of private sector-led infrastructure and energy transitions, the 'starvation' of public services by the National Treasury, and the failure to hold state capture perpetrators accountable. The IEJ specifically calls for a transition to a Universal Basic Income Guarantee and the use of the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to fund developmental priorities.
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Document type: Statement
Crédit Agricole : à quand la mise en cohérence entre le discours et les actes ?
Reclaim Finance argues that Crédit Agricole's public commitment to renewable energy is insufficient without a clear plan to reduce fossil fuel financing. The organization highlights that the bank remains a top financier of TotalEnergies and continues to support fossil fuel developers, such as Eni. Reclaim Finance specifically calls for the bank to adopt a 6:1 financing ratio of sustainable to fossil energies by 2030 and to cease its advisory role in the Papua LNG project, which involves opening new gas fields.
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Document type: Statement
Solidarity with the general strike in Argentina
The document is a statement of solidarity with a general strike in Argentina on January 24, 2024. It criticizes the government of Javier Milei for implementing the Decree of Necessity and Urgency (DNU) and the 'Omnibus Law', which the author argues undermine national sovereignty and democratic rights. Key concerns include a 51% currency devaluation, the privatization of 41 state-owned companies, the repeal of laws protecting glaciers and native forests, and the creation of a domestic greenhouse gas emission market. The statement calls for the repeal of a security protocol prohibiting public demonstrations and urges international solidarity to protect the rights of the Argentine people.
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Document type: Statement
Catatan Kritis Trend Asia atas Debat Cawapres ke IV
Trend Asia criticizes the 2024 vice-presidential candidates for offering technical 'gimmicks' rather than substantive solutions for grassroots issues. The organization argues that the candidates' visions for energy transition and sustainable development remain rooted in extractivism, ignore the legal and social vulnerabilities of local communities, and rely on 'false solutions' like CCUS and geothermal energy while failing to address the structural causes of the climate crisis and the harms of the coal industry.
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Document type: Statement
EPH: yet another setback in ending its coal activities
Reclaim Finance asserts that EPH's commitment to exit coal by 2030 is a 'sleight of hand' because the company is transferring its coal assets to a new entity, EP Energy Transition, which is not bound by the phase-out date. The document further highlights EPH's role as the second-largest gas power developer in Europe, with over 4.7 GW in development, contradicting European decarbonization goals. It specifically urges Société Générale and its subsidiary Komercni Banka to cease financing EPH unless the company commits to a genuine coal exit by 2030 and halts new gas projects.
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Document type: Statement
Carbon Market Watch response to Gold Standard methodology Consultation on a methodology for a just transition through the early phase out of coal-fired power plants
Carbon Market Watch argues that the Gold Standard's proposed methodology for coal plant phase-outs is insufficient due to unpredictable economic and political factors, weak eligibility criteria for renewable energy, and inadequate financial and emissions accounting. The organization recommends stricter timelines for developed economies, more rigorous additionality assessments, and the inclusion of construction emissions to avoid the issuance of low-quality credits.
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Document type: Statement
Les cibles des institutions financières doivent se baser sur une décarbonation concrète
The statement critiques the current state of financial sector decarbonization targets, noting that data gaps and flawed methodologies allow institutions to manipulate metrics. It calls for better-designed goals and stricter exclusion policies to ensure alignment with the 1.5 °C target and a halt to fossil fuel expansion.
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Document type: Statement
Financial institutions' targets must be based on real-world decarbonization
The document critiques the current state of financial sector decarbonization targets, arguing that reliance on 'financed emissions' metrics—specifically those using Enterprise Value Including Cash (EVIC)—allows banks to report emissions reductions based on stock market volatility rather than actual decarbonization. It highlights how banks like Deutsche Bank and Crédit Agricole met targets early due to soaring energy stock prices in 2022. The author warns against 'gaming' metrics through concepts like 'energy mix' targets or 'Expected Emission Reduction' (EER) and calls for a comprehensive dashboard of absolute targets, facilitated emissions tracking, and strict exclusion policies for fossil fuel expansion.
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Document type: Statement
A stand against fossil fuel dominance and the compromising of climate objectives
GreenLatinos boycotted COP28 due to the appointment of a state-owned oil company CEO as summit president and the hosting of the event in the United Arab Emirates, a top oil producer. The organization argues that the presence of nearly 2,500 fossil fuel lobbyists and the UAE's history of methane emission misinformation compromised the conference's integrity. While acknowledging the agreement to "transition away" from fossil fuels and the US announcement of Methane Oil and Gas rules, GreenLatinos maintains that the COP28 outcome falls short of a complete fossil fuel phase-out required to protect frontline communities.
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Document type: Statement
Solicitud de Opinión Consultiva de la República de Chile y la República de Colombia sobre “Emergencia Climática y Derechos Humanos”
The document contends that the Loss and Damage Fund (LDF) adopted at COP28 is insufficient because it treats climate reparations as voluntary donations rather than legal obligations. It argues that the fund's governance excludes frontline communities and indigenous peoples, lacks a human rights framework, and ignores the principle of common but differentiated responsibilities. The authors request that the Inter-American Court of Human Rights clarify that UNFCCC decisions do not limit state obligations to provide full reparation to climate victims.
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Document type: Briefing
Climat : Crédit Agricole avance en traînant des pieds
Reclaim Finance argues that Crédit Agricole's new climate commitments are insufficient because they do not explicitly ban the financing of new oil and gas infrastructure, such as LNG terminals. While the bank increased its target for reducing financed emissions from oil and gas loans to 75% by 2030, the organization notes that this does not guarantee an end to support for companies developing new fossil projects. The statement highlights specific examples of continued involvement, including the Port Arthur LNG terminal in the US and advisory services for the Papua LNG project, and criticizes the exclusion of only independent extraction companies while sparing integrated oil majors.
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Document type: Statement
Request for an urgent meeting to discuss the Commission proposal to amend multiannual plans
A coalition of NGOs, led by ClientEarth, is urging the European Commission to withdraw a proposal published on 6 December 2023 that would remove critical safeguards from multiannual plans (MAPs) for the Baltic Sea, North Sea, and Western Waters. The NGOs argue that deleting the requirement to ensure less than a 5% probability of stocks falling below the limit level (Blim) would endanger depleted fish stocks and damage the EU's international reputation for sustainable fisheries management. They further allege that the proposal was issued without proper stakeholder consultation or impact assessment and appears intended to legalise an unlawful Council Regulation regarding 2024 fishing opportunities.
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Document type: Statement
The art of muddying the water: our response to TotalEnergies on the Papua LNG project
A joint statement by Reclaim Finance and other organizations challenging TotalEnergies' claims regarding the Papua LNG project. The authors argue the project contradicts global climate goals, risks becoming a stranded asset due to peaking gas demand, and threatens high-biodiversity native forests. They further contend that the project's social safeguards are insufficient, citing a lack of transparency and opposition from local clans and chiefs in Papua New Guinea.
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Document type: Statement
L'art de noyer le poisson : notre réponse à TotalEnergies sur le projet Papua LNG
A joint statement by Reclaim Finance and partners challenging TotalEnergies' claims regarding the Papua LNG project, asserting that the project is incompatible with a 1.5°C warming limit, risks becoming a stranded asset, and threatens indigenous forests and community rights in Papua New Guinea.
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Document type: Statement
Glasgow Financial Alliance for Net Zero (GFANZ) Consultation
Carbon Market Watch criticises the GFANZ's proposed Expected Emission Reductions (EER) methodology, arguing that its reliance on subjective 'business-as-usual' baselines creates risks of manipulation and may encourage continued investment in high-emission industries without sufficient engagement strategies.
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Document type: Statement
Recourse response to the Transitional Committee decision for the World Bank to be interim host of the UNFCCC Loss and Damage Fund
Recourse opposes the World Bank Group's role as interim host for the UNFCCC Loss and Damage Fund, arguing that the bank's continued fossil fuel investments, lack of democratic accountability, and private-sector focus make it unfit for the task. The organization further criticizes the proposal for making contributions from developed nations 'voluntary' and calls for a strictly limited hosting period with a clear exit strategy after four years.
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Document type: Statement
Direct Air Capture
The document examines the risks and inefficiencies of direct air capture (DAC), focusing on Oxy's Stratos project in Texas. It argues that DAC is used as a 'smokescreen' to prolong fossil fuel extraction through enhanced oil recovery (EOR) and to capture public subsidies. The briefing highlights that DAC's projected global capacity is insignificant compared to total emissions and that its resource requirements—including water and toxic chemicals—pose environmental risks. It further critiques the influence of oil executives on COP28 leadership and the use of flawed carbon credits to justify continued pollution.
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Document type: Briefing
Ne tombons pas dans le piège de l'hydrogène
The document critiques the global hydrogen industry, asserting that most production relies on fossil fuels and that even 'green' hydrogen is inefficient and risks perpetuating neocolonial extractivism. It argues that hydrogen serves as a distraction from necessary climate action and a tool for the gas industry to justify new infrastructure. The author calls for the elimination of fossil-fuel-based hydrogen and a transition to community-owned renewable energy and agroecology.
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Document type: Statement