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The document outlines TEEPSA's proposal to extract gas and explore for other reserves in Block 11B/12B, located 75 km from Cape St Francis and 120 km from Mossel Bay. It details the planned drilling activities, the use of the F-A platform, and the potential environmental and social impacts, including risks to marine biodiversity, local livelihoods, and the climate. While TEEPSA claims the project will create thousands of jobs and provide a lower-carbon alternative to coal for power generation, the guide highlights concerns regarding fossil fuel investment and the disruption of cultural and spiritual connections to the sea.

The report analyzes the complexities of Indonesia's transition away from coal, highlighting a conflict between government/industry priorities—which focus on economic stability and coal derivatives—and the social and environmental priorities of civil society. It identifies significant barriers, including a quasi-monopoly on electricity by the state-owned PLN, deep political ties between coal oligarchs and policymakers, and a lack of coordination between national and regional governments. While initiatives like the Just Energy Transition Partnership (JETP) and Energy Transition Mechanism (ETM) show progress, the report argues that a truly just transition requires economic diversification, reskilling of the workforce, and the reclamation of abandoned mines.

The document critiques the implementation of the Just Energy Transition Partnership (JETP) in Indonesia, highlighting a lack of transparency in the Comprehensive Investment and Policy Plan (CIPP) and the persistence of 'false solutions' like coal co-firing and carbon capture. It argues that for a transition to be truly 'just,' it must incorporate four pillars of justice—recognition, distributive, procedural, and restorative—and specifically address the vulnerability of workers in the coal sector. The report recommends legally binding emission targets, the removal of 'take-or-pay' electricity contracts, and the decentralization of renewable energy development to empower local governments and communities.

RMI provides recommendations for Indonesia's coal transition based on a model applied to the Java-Bali grid, emphasizing the integration of coal retirement and clean energy deployment to ensure financial feasibility and emissions reductions.

The document highlights a surge in 'captive' coal power—plants operated off-grid by industrial users—which grew from 1.4 GW in 2013 to 10.8 GW in 2023. A vast majority of this capacity is dedicated to metal smelting, particularly nickel and aluminium, often justified by policies to increase the 'value add' of natural resources. The report warns that while Indonesia is a key supplier of minerals for the global energy transition, the reliance of these smelters on coal contradicts national climate targets and the goals of the Just Energy Transition Partnership (JETP). It recommends integrating the phase-out of captive coal power into national plans to avoid significant health costs and carbon emissions.

The briefing evaluates 16 countries against 1.5°C-aligned power sector benchmarks, finding that no assessed country is fully on track. It argues for a global phase-out of coal and fossil gas by 2040, noting that while some countries are making progress on coal, there is a critical lack of explicit fossil gas phase-out plans and insufficient renewable energy acceleration globally.

The report analyzes the I-JETP's goal of mobilizing $20 billion for Indonesia's energy transition, framing it as an initial 'downpayment' for a much larger requirement potentially exceeding $200 billion over 15 years. It identifies a '3+1' funding strategy involving international public, international private, domestic private, and domestic public capital. Key challenges include rising global interest rates increasing the absolute cost of renewables, the need for significant grid/transmission upgrades, and the necessity of policy reforms regarding power purchase agreements and the role of the state utility PLN. The author argues that success depends on the Government of Indonesia's commitment to policy predictability and the international community's willingness to provide concessional financing that ensures electricity affordability.

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.

The document argues that current climate stewardship is failing to align corporate strategies with the 1.5°C goal, citing the limited impact of initiatives like Climate Action 100+. It provides a detailed framework for credible engagement and voting policies, emphasizing the need for time-bound demands, systematic escalation strategies including divestment, and comprehensive reporting of both activity and outcome indicators. The guide also offers specific sectoral demands for high-emitting industries and guidance for corporate bondholders and asset owners.

Reclaim Finance reports that the Paris financial center's transition away from coal has stalled, with many institutions maintaining weak policies or continuing to support coal developers. The analysis highlights gaps in exclusion criteria, the failure of passive funds to exclude fossil fuel bonds, and a lack of comprehensive exit plan requirements for portfolio companies. The document criticizes the French government for failing to legislate or enforce these commitments despite warnings from regulators.

The document analyzes the organizational structure, funding, and implementation challenges of South Africa's JETP, highlighting the gap between policy targets and practical execution. It compares the energy landscapes of South Africa and Indonesia, emphasizing the critical need for transmission grid upgrades and the social protection of coal-dependent regions. Key recommendations for Indonesia include ensuring broad government consensus, translating commitments into legislation, and prioritizing social benefits to ensure a truly 'just' transition.

Reclaim Finance criticizes the Royal Bank of Canada (RBC) for becoming the top global financier of fossil fuels, providing US$40.6 billion in financing last year. The organization highlights significant loopholes in RBC's October 2020 coal policy, which excludes only new clients and uses high revenue thresholds (60%) that fail to capture the majority of coal mining and power companies. The document details RBC's continued support for coal developers like Glencore and RWE, as well as utilities in the US and Canada that lack credible coal phase-out plans, urging the bank to adopt a mandatory coal exit by 2030 in the OECD and 2040 globally.

Vietnam's PDP8 aims to peak coal capacity at 30 GW by 2030 and reach net zero by 2050, but the briefing argues that all coal projects not yet in construction must be cancelled to align with the JETP agreement. While Vietnam is leading global coal project cancellations in 2023, concerns remain regarding the use of experimental fuels for plant conversion and the government's crackdown on civil society leaders essential for a just transition.

The report finds that 30 major asset managers invested at least $3.5 billion in newly issued bonds from fossil fuel developers, with Vanguard and BlackRock as the top investors. It argues that existing engagement activities are insufficient, noting that only 20% of coal and oil and gas companies engaged by the CA100+ initiative have set net-zero ambitions by 2050. The analysis reveals a lack of robust sector policies, with only one manager (Ostrum) having measures to induce oil and gas companies to stop expansion plans. The report concludes that asset managers often prioritize short-term gains over the long-term interests of asset owners and recommends immediate cessation of support for coal and oil and gas expansion.

The Southeast Asian Working Group on Fossil Gas and Energy Transition argues that Vietnam's PDP8 fails to provide a genuine energy transition by maintaining significant roles for coal and fossil gas. While the plan increases renewable capacity to over 70 GW by 2030, the group claims the resulting renewable share of 30.9% to 39% is lackluster. The group specifically warns against the 'meteoric rise' of LNG and the use of ammonia and hydrogen as transition fuels, calling on international financiers to stop promoting gas and instead support a 1.5°C-aligned transition through the Just Energy Transition Partnership (JETP).

Reclaim Finance criticizes ENGIE's climate plan for lacking transparency and containing inconsistencies, specifically regarding its reliance on shale gas and the absence of granular investment data. The organization advocates for a shareholder resolution to implement regular consultative votes on the plan's content and implementation to ensure alignment with climate goals.

Reclaim Finance criticizes ENGIE's climate plan, noting it targets a 1.7 °C warming trajectory rather than 1.5 °C and lacks granular data on CAPEX and energy mix. The organization highlights contradictions, such as ENGIE's continued plans for 1.2 GW of new gas plants and long-term contracts for US shale gas, while calling for investor support of a resolution to implement 'Say on Climate' consultations.

The briefing finds that ENGIE's climate disclosures are insufficient for 7 of 11 assessed topics, noting significant gaps in absolute emissions targets, production forecasts, and CAPEX/OPEX granularity. While ENGIE is progressing toward its 2030 renewable capacity targets, the report argues its broader strategy relies on immature 'renewable gas' technologies and continues to invest in fossil gas infrastructure, including new long-term LNG contracts from the US.

The global electricity sector is the largest CO2 emitter and must reach net zero by 2040 to facilitate the decarbonisation of other sectors. Following the IEA Net Zero Emissions (NZE) scenario, wind and solar are identified as the primary drivers of this transition. By 2030, wind and solar must increase to 41% of global electricity generation, while coal and gas generation must decrease by 54% and 24% respectively. By 2040, unabated coal must be phased out globally, and unabated gas should provide only 0.3% of electricity. This transition is essential to support rising electricity demand in developing regions and the electrification of transport, heating, and industry.

The We Mean Business Coalition calls on G7 Ministers to accelerate the transition to clean energy to mitigate climate risks and economic loss. The coalition argues that while business is ready to deploy clean energy solutions, it requires supportive policies and the repurposing of $1 trillion in fossil fuel subsidies. Key recommendations include decarbonizing power systems by 2035, phasing out domestic coal by 2030, and ensuring 100% sales of zero emissions vehicles for new light-duty vehicles by 2035.