Search Climate Insights Directory

The Life after Coal Campaign and the Fair Finance Coalition Southern Africa argue that the JET-IP is heavily skewed toward private sector interests and large-scale infrastructure, specifically green hydrogen, at the expense of community-led renewable energy and social investment. They highlight critical gaps in policy alignment, the lack of transparency regarding debt and loan agreements, and the failure to adequately address the health impacts of air pollution at the Medupi and Kusile power stations. The authors call for a reprioritization of funding toward transmission grid strengthening and socially owned energy models, while warning that the current approach to decommissioning coal plants, as seen at Komati, lacks the necessary community participation to be considered 'just'.

The 2023 report by Global Energy Monitor and partners highlights a divergence in global coal trends: while most of the world is reducing coal capacity, China is significantly increasing its domestic pipeline. In 2022, China's under-construction coal capacity grew by 38%, while the rest of the world saw a 20% decrease. The report notes that 70% of OECD coal capacity is moving toward phase-out, but only 6% of non-OECD capacity is scheduled for retirement before 2040. In Pakistan, coal capacity grew from 150 MW in 2016 to 7.6 GW in 2023, with the government signaling a shift toward increasing local coal-based electricity capacity to 10 GW despite environmental and social concerns in the Thar region.

The report highlights a global divergence in coal energy trends: while OECD countries and much of the world outside China are reducing coal capacity and increasing retirements, China is significantly expanding its domestic coal pipeline. The document notes that one-third of global coal capacity has a set phase-out date, yet the overall pace remains insufficient to meet Paris Agreement targets. Specific focus is given to Pakistan, where a shift toward local coal is increasing despite environmental concerns and international pledges.

The report finds that while the world outside China is nearing a 'no new coal' milestone, a massive surge in coal permitting and construction in China is offsetting global progress. In 2022, the global coal fleet grew by 19.5 GW, driven by China, which now accounts for 68% of global capacity under development. While the U.S. and EU continue to retire capacity, the pace of global retirements remains far below the levels required to meet a 1.5C pathway, which would necessitate an average of 117 GW of retirements per year. The report also highlights the role of private finance, noting that most financial institutions' coal policies remain insufficient to align with climate science.

The report argues that financial institutions are hindering Europe's energy transition by providing hundreds of billions of dollars in support to fossil gas power producers and developers. It highlights a significant gap between the need to phase out gas by 2035 to align with a 1.5°C trajectory and the current trend of developing over 60 GW of new gas capacity. The document identifies a lack of robust sectoral policies among top banks and investors, which allows for continued corporate-level financing of gas-intensive utilities and the development of new base load plants, often as replacements for coal.

The Life After Coal Campaign opposes Eskom's plan to install temporary bypass stacks at the Kusile power station, which would allow unabated SO2 emissions to restore generating capacity. The campaign argues that this proposal poses grave risks to human health, potentially causing up to 1,362 air pollution-related deaths and R25 billion in societal costs over 36 months at high utilization. They challenge the claim that the bypass will restore 2,160 MW, noting the plant's historical 33% capacity performance. Instead of the bypass, the campaign proposes investing the funds into solar PV and wind installations to accelerate the coal phase-out.

The document demands that Japan phase out coal by 2030, end international public finance for fossil fuels, and stop promoting technologies like ammonia co-firing and carbon capture and storage, which the authors claim are ineffective and costly.

The report finds that Lloyd’s of London's fossil fuel guidelines are inadequate and lack enforcement, leading to a wide disparity in climate policies among its top 20 managing agents. While some agents have adopted best-in-class exclusions, many others ignore Lloyd's recommendations entirely, continuing to provide insurance for coal, oil, and gas expansion. The document highlights specific 'carbon bomb' projects—including pipelines in Canada and East Africa and mines in Australia—that continue to receive market support, and calls for Lloyd's to implement mandatory enforcement mechanisms and strengthen its exclusions to align with a 1.5°C pathway.

The report finds that five major Swiss financial institutions—UBS, Credit Suisse, Swiss Life AM, Zurich, and Pictet—continue to provide billions in financing and investments to companies expanding coal, oil, and gas production. Despite public net-zero pledges, the authors argue these institutions maintain weak policies with significant loopholes, engage in 'net-zero greenwashing,' and send mixed signals through inconsistent voting practices at shareholder meetings.

The document argues that ENGIE's transition strategy is incompatible with a 1.5°C scenario due to its continued investment in gas power and lack of transparency in its decarbonization plans.

The document criticizes ENGIE for expanding its fossil gas capacity and lacking a detailed transition strategy aligned with a 1.5°C scenario, despite its efforts to phase out coal.

Reclaim Finance proposes a framework for credible corporate climate transition plans, arguing that access to green financing should be contingent on plans that cover all emission scopes, set absolute targets aligned with 1.5°C scenarios, and include sector-specific 'red lines'. The framework emphasizes the exclusion of carbon offsets from targets, the integration of climate performance into executive remuneration, and the requirement for lobbying activities to be transparent and consistent with climate goals.

The document argues that ENGIE's transition plan is incomplete and incompatible with a 1.5°C scenario, as the company targets a "well below 2°C" world and continues to expand its fossil gas and LNG infrastructure. While ENGIE has significantly reduced its coal capacity and set ambitious renewable energy targets for 2030, the briefing highlights a lack of transparency in capital expenditure, accounting practices, and the feasibility of its 2045 gas decarbonization goal.

In 2022, wind and solar generated a record 22% of EU electricity, overtaking fossil gas (20%). Despite this, EU power sector emissions rose by 3.9% due to a 185 TWh generation gap caused by a severe drought affecting hydro power and unexpected French nuclear outages. This gap was partially filled by a 7% increase in coal generation. However, electricity demand fell by 7.9% in Q4 2022, and coal generation declined in the final four months of the year. Ember projects a 20% plummet in EU fossil generation in 2023 as hydro and nuclear capacity recover and renewable deployment accelerates.

The briefing examines the impact of the Inflation Reduction Act (IRA) on utility integrated resource plans (IRPs), highlighting how DTE, Michigan's largest investor-owned utility, projected $500 million in customer savings over 20 years by incorporating IRA tax credits. The document outlines how IRA incentives can lower renewable costs, accelerate coal retirements, and increase battery storage deployment, while urging other utilities and regulators to leverage these tools for a faster energy transition.

The report examines India's energy transition, comparing three models (MARKAL, EPS, and E3ME-FTT) to project electricity demand and the optimal generation mix for deep decarbonisation by 2050. It argues that decarbonisation is compatible with economic growth, potentially creating millions of net jobs and providing environmental co-benefits like reduced air pollution and water savings. However, it highlights significant risks, including land scarcity for solar projects, the need for massive green finance, and the challenge of a just transition for coal-dependent regions.

The document outlines a roadmap for Indonesia to transition to a low-carbon economy without leaving vulnerable workers and communities behind. It defines the dimensions of just transition—procedural, distributive, and restorative—and provides a set of principles and a planning checklist. The guide analyses Indonesia's current policy landscape, highlighting the dominance of the energy sector in transition discussions and the need for a more cross-sectoral approach. It also presents international case studies from Germany, Canada, Sweden, the USA, and Australia to illustrate different leadership models and outcomes. Key recommendations include establishing a national governing body, creating a centralised database of affected workers, and enhancing social dialogue to ensure inclusive decision-making.

The report analyzes how EU and G7 sanctions on Russian coal imports have disrupted the Kuzbass region, which produces over 55% of Russia's coal. It details the region's high economic dependency on coal, the logistical challenges of redirecting exports to Asia, and the risks of social unrest due to potential job losses. The document presents three future scenarios (Reference, Soft, and Hard) through 2030, projecting significant declines in production, revenue, and employment under the 'Hard' scenario, while noting that reduced coal activity may lower methane and CO2 emissions.

The document outlines the principles of a just transition, drawing on international case studies from Germany, Canada, Sweden, the US, and Australia to inform Indonesia's approach. It identifies key challenges in Indonesia, such as the lack of centralized data on affected workers and the need for cross-sectoral coordination. The guide proposes specific actions for government, non-governmental actors, and businesses, and introduces the Energy Transition Mechanism Country Platform (ETM-CP) and the Just Energy Transition Partnership (JETP) as primary financial frameworks for Indonesia's energy shift.

The report analyzes the funding needs of China's power sector as it transitions from coal-dependency toward renewable energy under the '30·60' dual carbon goals. It highlights the role of transition finance, specifically Sustainability-Linked Bonds (SLBs) and transition bonds, in supporting high-carbon sectors. The document compares international standards from the Climate Bonds Initiative (CBI) with Chinese domestic frameworks, arguing that credible transitions require science-based targets, transparent KPIs—preferably greenhouse gas emissions—and robust internal and external monitoring to avoid 'greenwashing'.