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G20 SFWG input paper: The role of policymakers in mobilising private finance to ensure a credible and just transition in steel and cement
This input paper for the G20 Sustainable Finance Working Group, prepared by the India Initiative on Climate Risks and Sustainable Finance (led by Climate Bonds Initiative), examines the role of policymakers in mobilising private finance for the decarbonisation of the steel and cement sectors. It emphasizes the critical nature of the current decade for transition, particularly in emerging markets, and argues that credible corporate transition plans are essential for unlocking private capital through instruments like sustainability-linked bonds (SLBs). The report also highlights a significant gap in the integration of 'just transition' principles within corporate planning.
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Document type: Report
Mixed messages: New oil and gas extraction areas raise the stakes for methane abatement
A briefing by Global Energy Monitor (GEM) analyzing the potential methane emissions from 74 proposed oil and gas extraction projects scheduled to reach peak production by 2030. The report highlights a conflict between new fossil fuel expansion and global methane reduction commitments, noting significant discrepancies between company-reported emissions and GEM's estimates for projects under development.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Briefing