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The report finds that while CETP signatories have significantly reduced international public finance for fossil fuels, this has not been matched by a corresponding increase in clean energy support. It highlights ongoing policy violations by several high-income countries and the risk of backsliding due to political shifts, particularly the United States' exit from the partnership in February 2025. The authors recommend a joint quantitative target of at least USD 42 billion per year for clean energy in emerging markets and developing economies by 2026.

The report finds that while international public finance for fossil fuels from CETP signatories has decreased significantly, there has not been a corresponding increase in clean energy finance. Many signatories lack quantitative targets or comprehensive policies to prioritize clean energy, and some high-income countries continue to violate the pledge by financing fossil fuel projects.

The report analyzes the international public finance (IPF) trends of high-income signatories of the Glasgow Statement, evaluating their fossil fuel exclusion policies and clean energy strategies. It finds that while some robust practices exist, many signatories lack transparent policies, particularly regarding gas exclusions and concrete clean energy targets. The document highlights the potential to shift USD 28 billion annually from fossil fuels to clean energy and uses case studies from Ethiopia and Sri Lanka to demonstrate how this shift can prevent fossil fuel lock-in and support just transitions in low- and middle-income countries.

The report details a global landscape where coal capacity is increasingly concentrated in China, while other regions face a decline in new projects. Despite a record number of phase-out announcements following COP26, the global fleet grew by 18.2 GW in 2021, primarily due to Chinese expansion. The document argues that 'clean coal' technologies are costly and ineffective distractions from the necessary total phase-out of coal power.

The report finds that while electricity financing reached a record $36 billion in 2017, only about one-third benefited households, and clean cooking finance plummeted by 73% compared to 2015-2016. It highlights severe underinvestment in Sub-Saharan Africa and for vulnerable groups, while suggesting innovative financial mechanisms like results-based financing and crowdfunding to bridge the gap.