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The 2024 Private Equity Climate Risks Scorecard reveals that 21 analyzed private equity firms are responsible for an estimated 1.17 gigatons of annual emissions from upstream operations, LNG terminals, and coal plants. The report argues that the industry's lack of transparency and continued investment in fossil fuels obstruct the global transition to a 1.5°C warming scenario. It ranks firms from 'B' to 'F', with EIG Global Energy Partners receiving the lowest grade due to its high emissions and low alignment with climate demands. The authors call for mandatory disclosures and a just transition for workers and impacted communities.

The document provides an overview of three types of carbon markets: compliance-based, voluntary, and multilateral-based (Article 6 of the Paris Agreement). It highlights the growth of government-led markets, which generated $104 billion in 2023, while noting the severe integrity crisis and subsequent investment decline in voluntary carbon markets. The author discusses how countries manage competitiveness through tools like free allowances and output-based pricing, and details the emerging landscape of Article 6 bilateral agreements. For developing countries, the report identifies a tension between the need for climate finance and the risks of 'greenwashing' and fiscal instability.

The document outlines a 'Decalogue of Ambition' for NDCs, emphasizing the need for science-based emission reductions, sector-specific targets, and a transition away from fossil fuels. It details requirements for mitigation, including a 43% global reduction by 2030, and adaptation, focusing on climate resilience in agriculture, health, and infrastructure. The guide also stresses the importance of just transition, gender equality, and the mobilization of finance from developed to developing nations.

The paper addresses the lack of a working definition for the 'active DSO' role amidst the transition to net zero. It introduces a framework to measure DSO activity across dimensions including flexibility, innovation, and the integration of distributed energy resources, specifically applying this methodology to UK electricity and natural gas DSOs.

The UK officially entered a coal-free power era on 1 October 2024 with the closure of the Ratcliffe-on-Soar plant. This transition saw power sector emissions drop by 74% between 2012 and 2023, driven by a combination of carbon pricing, renewable energy growth, and grid investment. The report argues that while the coal phase-out provides a roadmap, the next goal of clean power by 2030 will require a more complex whole-systems approach to displace gas and manage grid stability.

The report argues that transitioning Manitoba's building sector off fossil fuels through deep energy retrofits (DERs) can reduce provincial emissions, lower home energy costs, and spur green industrial growth. It proposes a neighbourhood-level retrofit program and a workforce development strategy to achieve net-zero by 2050.

The Clean Air Task Force supports integrating greenhouse gas removals (GGRs) into the UK ETS but argues that this must be phased in gradually to avoid market volatility and price drops. The organization emphasizes that emissions reductions must remain the priority and suggests maintaining the gross emissions cap to preserve the system's integrity. To ensure long-term deployment of durable GGRs, the document recommends complementary policies such as carbon contracts for difference (CCfD) or carbon takeback obligations (CTBO), as the ETS alone may not sufficiently drive innovation. Additionally, it calls for a separate UK GGR certification scheme and strengthened permanence frameworks to manage variable durability GGRs, including limits on their use that decline over time.

In a speech delivered on 4 July 2024, WTO Deputy Director-General Jean-Marie Paugam outlines the evolving relationship between the WTO and environmental protection. He notes a paradigm shift where climate change is now actively disrupting trade, citing examples like the Panama Canal drought. While the WTO has made progress through the 2022 Ministerial Declaration and the Fisheries Subsidies Agreement, Paugam warns that uncoordinated national actions—such as the nearly 70 carbon tax schemes in development and varying green steel standards—risk fragmenting world trade. He advocates for a "reglobalization" approach that combines green industrialization with trade cooperation, suggesting the WTO may need to adopt new rule-making models, including plurilateral commitments or non-binding frameworks similar to the Paris Agreement, to remain relevant.

The document evaluates the suitability of NGFS, IEA, and NITI Aayog scenarios for the Indian context, highlighting that global models often underestimate India's specific macroeconomic risks. It details transmission channels from macro-variables to micro-level financial risks and analyzes case studies from the ECB, Bank of England, Bank Negara Malaysia, and the Central Bank of Colombia. The authors propose a phased roadmap for the Reserve Bank of India, moving from preliminary top-down exercises to the development of in-house macroeconomic models and comprehensive bottom-up stress tests over a long-term horizon.

The report argues that India requires cumulative investments of US$10.1 trillion by 2070 to reach net-zero, yet current tracked mitigation finance is only about 25 percent of the required amount. It distinguishes between 'green finance' for near-zero emission technologies and 'transition finance' for hard-to-abate sectors that lack immediate green alternatives. The document identifies critical gaps in the supply of finance, noting a lack of standardised taxonomy and an underdeveloped corporate bond market. On the demand side, it analyses the decarbonisation needs of the steel, cement, transport, power, and agriculture sectors, highlighting the high capital costs and technical risks of transformative technologies like Carbon Capture, Utilisation, and Storage (CCUS). The report proposes a five-pillar roadmap covering scope and definition, transparency, cooperation, supply chain support, and financial innovation, while recommending the establishment of a Prime Ministers Net Zero Council (PMNZC) to coordinate inter-ministerial efforts.

The report argues that Manitoba requires a massive, publicly led effort to implement deep energy retrofits (DERs)—defined as improvements reducing energy use by at least 50%—to meet 2050 net-zero targets. It estimates that 200,000 home retrofits are needed, requiring an annual investment of CAD 1.2 billion. The authors propose the creation of a Manitoba Green Bank to provide low- or no-interest financing and the adoption of a retrofit code by 2025. The strategy emphasizes a 'just transition' by prioritizing low-income renters and utilizing social enterprises to train underrepresented groups, including women and Indigenous Peoples, for the thousands of green jobs expected to be created.

The report examines how the EU's CBAM and potential future BCAs from other nations affect Vietnam's export-oriented economy, focusing on the iron, steel, aluminum, cement, and fertilizer sectors. It highlights the administrative and financial burdens on Vietnamese enterprises, particularly SMEs, and argues for the development of a domestic carbon pricing mechanism to retain revenues and improve competitiveness. The document also emphasizes the need for technical assistance and the application of the 'common but differentiated responsibilities' principle to ensure fairness for developing nations.

The report finds that the Government of Canada is providing an inefficient fossil fuel subsidy to the oil industry by charging transportation tolls on the Trans Mountain Pipeline (TMP) that are significantly below marketplace costs. Using three different valuation methods, the report estimates the total subsidy to be between CAD 8.7 billion and CAD 18.8 billion, which translates to a cost of CAD 581 to CAD 1,255 per Canadian household. The analysis concludes that the project fails all criteria for an 'efficient' subsidy and that the overall cost-benefit analysis shows a net cost to Canada of CAD 23.1 billion. To phase out this subsidy, the author recommends either raising tolls to economic levels or implementing a cost-recovery levy of CAD 1.00 to CAD 2.00 per barrel on Western Canadian oil shipments.

The document argues that Oregon should adopt consumption-based emission targets to account for its full carbon footprint and avoid displacing emissions to other regions. It contrasts sector-based emissions (territorial) with consumption-based emissions (life cycle of goods and services) and notes that while Oregon's sector emissions have decreased, consumption emissions continue to rise. The paper provides case studies from cities like San Francisco, London, and Paris, and countries like Sweden, to illustrate different target-setting approaches. It proposes four specific frameworks for Oregon: aligning with existing sector goals, targeting minimum well-being standards, using global carbon budget scenario analysis, or applying a 'fair share' equity-based approach.

The guide argues that businesses can avoid political polarization by framing climate action as a 'material' business necessity rather than a 'moral' obligation. Based on research with nearly 15,000 respondents, it finds that while moral messaging can increase favorability, it also increases unfavorability among skeptics. In contrast, framing climate action through risk management, clean energy opportunity, and the concept of 'responsible business' drives favorability without triggering backlash. The document specifically recommends replacing jargon like 'ESG' with 'responsible business' and 'climate change risk' with 'climate risk' to improve resonance with diverse audiences, including U.S. Republicans.

Three companies—GE Vernova, Siemens Energy, and Mitsubishi Power—control two-thirds of the global market for gas turbines in power plants currently under construction. While these firms are expanding through regional partnerships and promoting 'hydrogen-ready' technology, the report argues they face significant geopolitical and financial risks due to the rapid growth of renewables and the potential for gas power overcapacity.

The research paper examines the intersection of G7 initiatives, such as the Energy for Growth in Africa Initiative and the Mattei Plan, with South Africa's role as a representative for African climate priorities. It highlights the tension between Western-led green transitions and African concerns over 'green protectionism' (specifically the EU's CBAM), the need for adaptation financing based on the 'common but differentiated responsibilities' principle, and the geopolitical competition for critical minerals. The author argues that the G7 must provide concrete deliverables and respect African agency to effectively bridge its goals with South Africa's upcoming G20 presidency.

The document outlines how heat pumps are targeted by 'Cost of Net Zero' misinformation, which portrays them as expensive, inefficient, and unsuitable for certain homes. It provides factual rebuttals—such as the potential for £340 savings when replacing G-rated boilers and the ability of pumps to operate at -25 degrees—and advises communicators to use positive case studies and avoid social media algorithms to reach 'Persuadables'.

The Government of Tonga developed its long-term strategy for a low-emission and resilient future using a consensus-based stakeholder engagement process supported by Relative Creative, Climateworks, and the Global Green Growth Institute. Due to limited emissions data, the process relied on qualitative 'divergent' and 'convergent' thinking workshops conducted primarily in Tongan with local facilitators. This cross-sectoral approach, involving government, industry, and civil society, is now regarded by the Tongan government as a 'gold standard' for future policy development.

Canada has established a legal framework centered on the Canadian Net-Zero Emissions Accountability Act (2021), which mandates a binding process for setting emission targets and reporting progress. This system is supported by the 2030 Emissions Reduction Plan, carbon pricing via the Greenhouse Gas Pollution Pricing Act, and the creation of an independent Net Zero Advisory Body that integrates scientific and Indigenous knowledge.