Search Climate Insights Directory
1,056 results
The inconsistency of insurance groups in the face of fossil expansion
The report highlights a policy gap in the operations of Allianz, Aviva, AXA, and Generali, noting that while these firms have pledged net zero emissions by 2050 and agreed to stop underwriting new oil and gas fields, they continue to provide capital to fossil fuel developers through bond purchases and asset management subsidiaries. It further criticizes these insurers for voting in favor of inadequate climate plans and executive remuneration at annual general meetings of oil and gas companies.
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Document type: Statement
Türkiye Electricity Review 2024
In 2023, Türkiye became Europe's second-largest coal-fired electricity generator, producing a record 118 TWh, with coal's share of total generation rising to 36%. This trend was driven by imported coal, primarily from Russia, which accounted for 73% of imports and 22% of total electricity generation. While solar capacity grew to over 12 GW, wind installations hit a 13-year low of 411 MW. The report notes that Türkiye's trajectory diverges from the EU, where coal generation halved since 2016. Despite a 2053 net-zero target, the National Energy Plan still forecasts new coal and gas capacity by 2035, and the report argues that rooftop solar potential (120 GW) remains underutilised.
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Document type: Report
Chile’s New Governance Structures Are Streamlining Net-zero Implementation
Chile has transitioned from a centralized climate policy model, where the Ministry of the Environment held sole responsibility, to a decentralized system under the 2022 Climate Change Framework Law. This law assigns net-zero responsibilities to 17 government ministries, regional authorities, and municipal governments, supported by new national bodies including the Council of Ministers for Sustainability and Climate Change and a Scientific Advisory Committee. The governance shift has enabled the rapid development of policy instruments, such as greenhouse gas emissions standards, and the creation of sectoral carbon budgets with associated budgetary sanctions for non-compliance.
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Document type: Case study
Electrical Utilities Background Paper
The report establishes a framework for certifying electrical utilities and their debt instruments based on their alignment with a 1.5-degree warming scenario. It defines a global emission intensity transition pathway based on IEA Net Zero (NZE) 2023 data, requiring utilities to reduce carbon intensity from 460 gCO2/kWh in 2025 to 0 by 2050. The criteria distinguish between existing capacity, which may be retrofitted with carbon capture or low-carbon co-firing, and new capacity, for which no new fossil fuel investments are eligible. It also sets specific non-combustion emission thresholds for hydropower, geothermal, and bioenergy, and incorporates EU Taxonomy standards for CO2 transport and methane leakages.
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Document type: Report
Drilling Deeper
The report finds that since the 2021 IEA Net Zero roadmap, at least 20.3 billion barrels of oil equivalent (boe) of new oil and gas discoveries have been announced. In 2023 alone, 20 fields were approved for development, sanctioning 8 billion boe. The analysis highlights a significant disconnect between the industry's push for new reserves—particularly in South America and Africa—and climate goals, noting that current production pathways are significantly higher than 1.5 degree compatible scenarios. It specifically criticizes the use of scope one and two emissions claims to justify projects while ignoring scope three emissions.
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Document type: Report
PEN 2022 -2052 _TOMO 2.docx
The report outlines Colombia's energy transition pathways through 2052, evaluating five scenarios: Actualization, Modernization, Inflexion, Innovation, and Energy Transition (TE). It details the shift from coal and hydrocarbons toward non-conventional renewable energy sources (FNCER), including solar, wind, and hydrogen. The analysis covers demand-side efficiency in residential, industrial, and transport sectors, as well as the strategic role of critical minerals like copper and nickel. Economic evaluations using benefit-cost ratios indicate that while residential and tertiary efficiency measures are highly beneficial, industrial transformation requires significant capital investment and state support due to high private costs.
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Document type: Report
Refinery of the Future
The report provides a detailed market assessment of the refining industry in four key regions, analyzing the transition from traditional crude-based products to low-carbon alternatives like SAF, green ammonia, and e-methanol, while evaluating the impact of regional climate policies.
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Document type: Report
Člověk nebo planeta: falešné dilema
The author contends that current climate policies are failing because they lack redistributive measures and ignore carbon inequalities, which in turn fuels right-wing populism. The text proposes a 'third way' based on post-growth economics and a 'green-red alliance' that integrates social justice with environmental goals. A central practical solution highlighted is the promotion of energy communities—non-profit entities that democratize energy production and provide affordable, clean energy to vulnerable households. The document calls for a radical acceleration of emission reductions, aiming for carbon neutrality by the mid-2030s and a negative carbon balance by the 2040s, funded by taxing high polluters and redirecting fossil fuel subsidies.
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Document type: Statement
Česká republika potřebuje zelenou sametovou revoluci
The document contends that the Czech Republic's climate policy is stalled by a 'mantra of productivism' and the dominance of fossil fuel and nuclear oligarchs who control significant media outlets. The author highlights a disconnect between the country's high per capita emissions and its political inaction, noting that progress is primarily driven by European Union pressure. The text criticizes the current government's focus on monumental infrastructure and nuclear energy over community energy and decarbonization. It calls for a new, pluralistic movement to dismantle the power of corporate interests and establish a green, social, and participatory democracy, drawing a parallel to the 1989 Velvet Revolution.
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Document type: Statement
6:1 – a ratio to successfully transform our energy system
The document advocates for a radical shift in banking practices to support the energy transition, specifically calling for a 6:1 investment ratio in favor of sustainable power supply over fossil fuels. Based on IEA Net Zero Emissions (NZE) projections, the author argues that total annual energy sector investments must rise to US$4.7 trillion by 2030, with energy transition investments exceeding US$4.2 trillion. Reclaim Finance emphasizes that this ratio should specifically target sustainable technologies—solar PV, wind, grids, and storage—while excluding biomass, nuclear energy, and Carbon Capture Use and Storage (CCUS), which it deems too risky or damaging. The document concludes that banks should set specific targets for sustainable power, end all support for fossil fuel expansion, and incorporate the 6:1 ratio into credible climate transition plans.
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Document type: Statement
6:1 un ratio pour transformer notre système énergétique
The document argues that limiting global warming to 1.5°C requires a radical shift in financial flows, moving away from fossil fuel expansion toward sustainable energy. Based on IEA data, it proposes a 6:1 ratio for banks: investing six times more in sustainable electricity supply than in fossil fuels by 2030. It specifies that 'sustainable' energy should focus on mature technologies like solar, wind, grids, and storage, while excluding nuclear, biomass, and carbon capture (CCUS).
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Document type: Statement
MERCADOS DE CARBONO 101
The document explains the distinction between emissions trading systems (ETS) and carbon credit attribution mechanisms, detailing the evolution from the Kyoto Protocol to the Paris Agreement. It critically assesses the effectiveness of various market mechanisms, including Article 6.2 and 6.4, CORSIA, and REDD+, highlighting systemic risks such as 'hot air', double counting, and greenwashing. The guide argues against the use of offsets for carbon neutrality and proposes a 'climate contribution' approach instead.
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Document type: Guide
MERCADOS DE CARBONO 101
The document serves as a comprehensive primer on carbon markets, distinguishing between emissions trading systems (cap-and-trade) and credit-based mechanisms. It details the evolution from the Kyoto Protocol's mechanisms to the Paris Agreement's Article 6, while critically assessing the risks of carbon offsetting, such as 'greenwashing' and the 'hot air' problem. The guide also examines the CORSIA framework for aviation and the private certification standards of the voluntary market, ultimately advocating for a shift from offsetting to a 'climate contribution' model.
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Document type: Guide
ON THIN ICE: A supply-demand analysis of three EU energy scenarios
The report concludes that the EU's demand for fossil gas and oil is in a long-term structural decline, making new production projects—especially in the Arctic—unnecessary and incompatible with 1.5°C warming limits. Analysis shows that existing production and current contracts will likely exceed EU demand by the 2030s in net-zero aligned scenarios, creating a risk of oversupply and stranded assets.
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Document type: Report
Crédit Agricole : à quand la mise en cohérence entre le discours et les actes ?
Reclaim Finance argues that Crédit Agricole's public commitment to renewable energy is insufficient without a clear plan to reduce fossil fuel financing. The organization highlights that the bank remains a top financier of TotalEnergies and continues to support fossil fuel developers, such as Eni. Reclaim Finance specifically calls for the bank to adopt a 6:1 financing ratio of sustainable to fossil energies by 2030 and to cease its advisory role in the Papua LNG project, which involves opening new gas fields.
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Document type: Statement
How Cities Can Scale On-Site Solar with New Federal Incentives
The City of San Antonio has approved a deal with Big Sun Solar to install approximately 13 MW of solar capacity across 42 city-owned facilities and parking lots. This project is notable for being among the first to use the 'direct pay' (Elective Pay) mechanism established by the Inflation Reduction Act (IRA) of August 2022, which allows tax-exempt entities to receive tax credits to reduce upfront costs. The project is expected to offset about 11 percent of electricity consumption for City operations and generate net savings of $7–$11 million over 25 years. The guide outlines four lessons for other cities: aggregating small projects for economies of scale, leveraging tax credit bonuses for low-income or energy communities, planning for the time lag in receiving direct pay refunds, and maintaining flexibility in procurement to compare different financial structures using net present value.
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Document type: Guide
Open letter calling for a firewall between carbon emissions, land sequestration and permanent removals in the EU
An open letter from a coalition of academics, NGOs, and businesses calling for a 'firewall' in EU climate policy to prevent carbon removals and land sequestration from being used as substitutes for gross emissions reductions. The signatories argue that 'net' targets risk mitigation deterrence and advocate for three independent targets to be integrated into the 2040 climate target and the EU's updated nationally determined contributions.
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Document type: Statement
Energy transition: why is this change necessary?
This briefing by Somos El Cambio explains the necessity of the energy transition, defined as phasing out fossil fuels in favor of renewable sources and more efficient energy use to mitigate global warming. It highlights the economic and environmental benefits of this shift, particularly for Latin America and the Caribbean, while emphasizing the need for fairness and equity to avoid repeating the extractivist patterns of the fossil fuel era.
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Document type: Briefing
A RACE TO THE TOP: SOUTHEAST ASIA 2024 GLOBAL ENERGY MONITOR REPORT
The report finds that while Southeast Asia has increased its operating utility-scale solar and wind capacity by 20% since January 2023 to 28 GW, the transition is hindered by low construction rates for prospective projects and continued reliance on fossil fuels. Vietnam, the Philippines, and Thailand are regional leaders, but only 3% of the region's 220 GW prospective capacity is currently under construction. Despite these hurdles, the report suggests the ASEAN collective target of 35% renewable energy capacity by 2025 is attainable given existing capacity and pipelines.
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Document type: Report
Standards and Carbon Neutrality
The report evaluates nine voluntary carbon neutrality standards and initiatives (VCNSIs) using the CARE (Coverage, Assurance, Responsiveness, and Engagement) methodology. While performing relatively well in Coverage and Assurance, the analysis reveals significant gaps in Responsiveness and Engagement. Key issues include the inconsistent inclusion of Scope 3 emissions, a lack of stringent mitigation targets aligned with 1.5°C pathways, and limited board diversity. The report recommends shifting from static 'neutrality' labels to dynamic progress-monitoring systems and suggests the creation of an oversight body to harmonize standards and prevent greenwashing.
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Document type: Report