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The EU ETS review must turn aviation ambition into deployment
The Clean Air Task Force asserts that the EU ETS review is critical for bridging the cost gap between conventional jet fuel and sustainable aviation fuels (SAF). While ReFuelEU Aviation established demand, the author notes that no large-scale e-SAF project in the EU had reached a final investment decision as of mid-2026. The document recommends extending the SAF allowance mechanism beyond 2030, mandating the reinvestment of ETS aviation revenues into sector decarbonisation, and carefully integrating high-quality carbon removals into the long-term strategy.
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Document type: Statement
From ambition to action: how to improve the ECB’s climate factor
The European Central Bank (ECB) is integrating a 'climate factor' into its collateral framework to account for climate transition risks when banks borrow from the ECB. This factor calculates an 'uncertainty score' based on sector exposure, company-specific emissions and disclosures, and asset maturity. Reclaim Finance argues that the current design is flawed due to annual rather than automatic calculations for new assets, a lack of transparency regarding the factor's parameters, and penalties that may be too small to deter the worst polluters. Furthermore, the document notes that the factor currently applies to less than 5% of pledged collateral (non-financial corporations) and urges the ECB to extend it to other asset classes, specifically credit claims, which represent nearly 30% of pledged collateral.
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Document type: Statement
Africa has a debt crisis: momentum from G20 in South Africa can help find solutions
The document assesses the African debt crisis, noting that over half of African countries are in or at risk of debt distress, which undermines their ability to meet sustainable development goals and manage climate impacts. It critiques the G20's Common Framework for being slow and creditor-favourable, and argues that debt restructuring is too narrowly treated as a technical financial problem. To address this, the author proposes three actions for South Africa: commissioning a technical report on barriers to development finance, establishing an independent African Borrower's Club and Sovereign Debt Roundtable, and calling for a review of IMF operating principles and governance.
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Document type: Research paper
Submission: Integrated Resource Plan 2023 for South Africa
Natural Justice submitted a critique of South Africa's Integrated Resource Plan 2023 (IRP2023), arguing that it lacks the necessary foundations for energy planning through 2030. The organization calls for a redraft of the IRP2023 and the urgent development of an Integrated Energy Plan by the DMRE, both of which should be grounded in a people-centered approach and a comprehensive Energy Justice Framework.
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Document type: Statement
Parliamentary submission responding to the MTBPS
The IEJ argues that South Africa's current fiscal strategy over-prioritizes stability and business confidence at the expense of poverty and inequality. The submission recommends replacing austerity with a developmental framework that includes increasing the Social Relief of Distress (SRD) grant to the Food Poverty Line, implementing a wealth tax, and reducing reliance on private finance for growth.
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Document type: Statement
Greening the Eurosystem Collateral Framework
The Eurosystem Collateral Framework (ESCF) currently exhibits a 'carbon bias' by granting eligibility and low haircuts to assets from high-carbon companies, including fossil fuel developers, which creates favorable financing conditions for these entities. While the European Central Bank (ECB) announced in July 2022 that it would integrate climate considerations, the document notes that the ECB returned haircut valuations to pre-pandemic levels in December 2022 without climate adjustments. The brief argues that a risk-focused approach is insufficient due to 'radical uncertainty' and unknown climate tipping points. It recommends that the ECB adopt a 'precautionary' approach—such as the 'Paris decarbonization benchmark'—to link haircuts directly to greenhouse gas emissions and exclude assets from companies developing new fossil fuel projects.
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Document type: Policy brief
UK military GHG emissions and the Greening Government Commitments
The paper argues that the MOD is on track to meet its 2025 GGC targets primarily because they are 'weak and undemanding' and benefit from the general decarbonisation of the UK national electricity grid. It highlights that GGCs only cover estate emissions, excluding two-thirds of the MOD's total emissions from military 'capability' such as warships and aircraft. The author recommends significantly higher targets for 2030, including a 90% reduction in overall estate emissions and the inclusion of Service Family Accommodation (SFA) in future targets.
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Document type: Research paper
Comment identifier les subventions inefficaces dédiées aux combustibles fossiles au Canada
The briefing argues that Canada lacks a clear definition of 'inefficient' fossil fuel subsidies, which hinders its commitment to phase them out. It proposes four criteria for evaluation: compliance with climate commitments, support for a low-emission economy, consistency with a just transition, and optimal policy achievement. The authors recommend adopting the WTO definition of subsidies and applying these criteria to both federal and provincial funding to ensure transparency and accountability.
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Document type: Briefing
Note d’information sur la Cible 8 du premier projet d’un cadre mondial de la biodiversité pour l’après-2020
Friends of the Earth International proposes a revised Target 8 for the post-2020 global biodiversity framework. The briefing argues that the target should focus on reducing greenhouse gas emissions from agriculture and deforestation, ensuring mitigation measures do not harm biodiversity, and prioritizing ecosystem-based approaches. It specifically calls for the removal of a quantitative carbon sequestration goal of 10 GtCO2-e per year, arguing that carbon accounting is an imprecise metric for biodiversity and risks promoting monoculture plantations or the commodification of nature.
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Document type: Briefing
Recovery Through Reform: Export Development Canada’s role in fossil fuel subsidy reform
The document argues that Export Development Canada (EDC) provides disproportionately high levels of support for oil and gas compared to clean technology, often lacking transparency in its transactions. It highlights that EDC's domestic mandate expansion, particularly during the COVID-19 pandemic, has facilitated continued fossil fuel financing. The brief recommends that EDC phase out public finance for fossil fuels, set clear climate action targets, and implement 'green strings' (climate-related conditionalities) to ensure economic recovery is aligned with the Paris Agreement and Canada's 2050 net-zero goal.
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Document type: Policy brief
Companies can do better than offsetting
The author contends that voluntary carbon offsetting is risky and unsustainable, often leading to double counting where both a company and a host country claim the same emission reductions. The document proposes a 'contribution claim' model, combined with internal carbon pricing, where companies fund climate action in other countries to support Paris Agreement goals without claiming carbon neutrality. If offsetting continues, the author insists on 'corresponding adjustments' to ensure reductions are not counted toward national targets, while warning that financing projects in countries with low ambition rewards 'climate laggards'.
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Document type: Statement
Japan’s New Climate Commitment Falls Woefully Short. Here’s How to Improve It.
The World Resources Institute criticizes Japan's decision to maintain its 2030 emissions reduction target of 26% from 2013 levels, stating the plan is 'no stronger than the one it submitted five years ago'. The author contends that Japan could strengthen its target to 42% using affordable low-carbon technologies and warns of financial risks from stranded fossil fuel assets. The document recommends that Japan increase its renewable energy target to 50% of the electricity mix by 2030, phase out domestic coal and overseas coal finance, and end fossil fuel subsidies.
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Document type: Statement
Carbon markets under the Paris Agreement: how to guarantee effective climate action
The document outlines the requirements for the new carbon market mechanism established by Article 6 of the Paris Agreement. It emphasizes that these markets must drive actual emission reductions beyond domestic action, avoid double-counting through robust accounting, and exclude fossil fuel investments. Furthermore, it calls for strong human rights safeguards and alignment with the UN's Sustainable Development Goals to avoid the failures associated with the Kyoto Protocol's flexible mechanisms.
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Document type: Statement
CO2 labelling of cars
The authors find that while all EU Member States have implemented car labeling schemes, they lack uniformity in design and metrics, and often underrate yearly fuel costs by several hundred euro per car. They recommend adopting a uniform label based on the EU energy label, using data that reflects real-world consumer observations, and implementing a scale that differentiates between hybrid and plug-in hybrid vehicles.
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Document type: Research paper
Measurement, Reporting, and Verification for Novel Carbon Dioxide Removal in US Federal Policy
The analysis finds that while MRV is present in current and proposed U.S. federal policies for carbon dioxide removal (CDR), requirements are inconsistent and not comprehensive. The authors argue that a dedicated federal MRV function is necessary to provide transparency, accountability, and consistency, avoiding the proliferation of conflicting standards seen in the voluntary carbon market. Such a function would coordinate an ecosystem involving government agencies, academics, and NGOs to manage quantification uncertainty and reversal risk.
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Document type: Research paper