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An open letter from Reclaim Finance and other signatories calling on the European Central Bank (ECB) to specify and strengthen the criteria for 'tilting' its corporate bond holdings toward better climate performance. The authors propose four key requirements: excluding coal and new fossil fuel projects, prioritising climate neutrality over market neutrality, requiring science-based emission targets aligned with the EU Climate Law, and making climate-related disclosures mandatory for eligibility.

The report examines the role of the Global Stocktake (GST) in enhancing national climate action and international cooperation, specifically focusing on the alignment of finance flows under Articles 2.1c and 9 of the Paris Agreement. It highlights a significant shortfall in international climate finance for developing countries, particularly for adaptation and loss and damage. The study suggests that the GST could improve progress by standardising reporting metrics, bridging the gap between long-term strategies (LT-LEDS) and near-term Nationally Determined Contributions (NDCs), and developing a registry for the demand and supply of climate finance. However, it notes that countries have not yet initiated preparations for the GST, indicating a need for better communication regarding its relevance.

The document reports that despite China's climate goals, investment in high-carbon coal power and blast furnace steel capacity remains high. While renewable energy and electric arc furnace (EAF) investments are growing, the continued approval of coal plants and high-emission steel projects creates significant stranded asset risks. The report argues that power shortages in provinces like Sichuan are caused by rigid grid management and fuel costs rather than a lack of capacity, suggesting that further coal expansion is unnecessary if grid reforms are implemented.

The document finds that while China has seen record clean energy installations and a decline in coal-fired power generation, government permitting for new coal plants and investments in blast furnace capacity accelerated in early 2022. This trend creates a risk of significant stranded assets—estimated at $8.5 billion for power and $15-22 billion for steel—and complicates the economic and political transition to low-carbon energy. The report highlights that power shortages in provinces like Sichuan were driven by rigid grid management and high fuel prices rather than a lack of capacity, and recommends reforming grid operations and including the steel sector in the emissions trading system.

The Center for International Environmental Law (CIEL) argues that 'net zero' is a global scientific concept that should not be applied to individual entities, as doing so encourages the use of ineffective offsets and speculative technologies. CIEL recommends that standards for non-state entities require absolute emissions reductions, the inclusion of Scope 3 emissions, and a rapid phase-out of fossil fuels. The document specifically criticizes the fossil fuel industry for using net-zero pledges to mask continued production and warns that reliance on Carbon Capture Utilization and Storage (CCUS) and technological Carbon Dioxide Removal (CDR) is risky and unproven. It advocates for mandatory regulation, transparent reporting, and the integration of human rights and climate justice into all net-zero frameworks.

The proposal aims to mobilize private capital for Panama's low-emission and climate-resilient economy by addressing a lack of clarity on sustainable investments and a deficiency in climate-related financial risk management. It focuses on the banking and insurance sectors, leveraging the existing Sustainable Finance Working Group (GTFS). Key activities include creating a national taxonomy, implementing TCFD-aligned risk disclosure methodologies, and building capacity through training. The project also seeks to identify a domestic financial institution for GCF accreditation and develop a concept note for a larger mainstreaming project.

Reclaim Finance argues that the proposed updates to the French ISR label are 'minimalist' and designed to ensure existing funds retain their label rather than drive a real energy transition. While the label may introduce exclusions for coal and unconventional energy, the organization warns that revenue-based thresholds could allow major oil and gas companies like TotalEnergies, BP, Shell, and ExxonMobil to remain eligible. Reclaim Finance specifically calls for the exclusion of companies developing new oil and gas fields to align with a 1.5°C trajectory and carbon neutrality by 2050.

Tracked green finance in India averaged INR 309 thousand crores (~USD 44 billion) per annum in FY 2019-20, which is less than 25% of the annual amount required to meet the country's Nationally Determined Contributions (NDCs). While flows increased by 150% from FY2017/18 to FY2019/20, the report highlights a critical shortfall in adaptation funding and a heavy reliance on public sector finance for clean transportation. The study recommends the development of a green taxonomy, improved data disclosure, and the scaling of capital markets to mobilize the trillions of dollars needed for India's 2030 and 2070 Net-Zero goals.

The document explores the evolving relationship between Korea and Africa, focusing on how Korea's carbon-neutrality goals and technological expertise can support Africa's climate resilience. It identifies key areas for partnership, including renewable energy, green minerals for batteries, smart city development, and climate-resilient agriculture, while emphasizing the need for these initiatives to be African-led and aligned with the AU's strategic framework.

The report outlines a 'Route to Net Zero' for Colombia by 2050, arguing that current national energy plans are insufficient for carbon neutrality. It proposes a strategy centered on high electrification (targeting 60% of final energy consumption by 2050), a massive expansion of non-conventional renewable energy (FNCER), and a gradual phase-out of fossil fuels. The analysis emphasizes that decarbonization must be paired with a 'just transition' framework to protect communities and workers dependent on the mining and hydrocarbon sectors, particularly in regions like La Guajira and Cesar.

Trend Asia challenges PT PLN's claim that biomass co-firing facilitates an energy transition and reduces emissions. The report argues that the massive land requirements for energy plantation forests (HTE) to supply wood pellets would lead to significant deforestation, resulting in net carbon emissions rather than reductions. It finds that biomass has become a complement to, rather than a substitute for, coal, with total coal consumption continuing to rise.

Trend Asia argues that PT PLN's biomass co-firing strategy does not reduce coal utilization and instead increases overall emissions due to deforestation and the carbon-intensive production of wood pellets. The report calculates that implementing 10% co-firing across 107 power plants could generate between 7.9 and 26.5 million tonnes of CO2e annually, depending on the tree species used, while potentially requiring millions of hectares of land for energy timber plantations (HTE).

The memorandum outlines a series of legislative amendments to the South African tax regime. Key proposals include a ramp-up of the carbon tax rate to US$30/tCO2e by 2030, the extension of energy efficiency and electricity price neutrality incentives until 2025, and the introduction of an excise duty on vaping products. It also addresses technical corrections in retirement fund transfers, insurance accounting under IFRS 17, and VAT registration for foreign suppliers.

ClientEarth warns EMR Capital that financing the proposed Whitehaven coal mine in West Cumbria poses significant climate-related financial risks and may breach fiduciary duties to investors. The letter highlights the mine's incompatibility with the 1.5°C warming limit and the likelihood of it becoming a stranded asset due to declining demand for coking coal in the UK and EU steel industries. ClientEarth further asserts that the investment contradicts EMR Capital's status as a UN PRI signatory and its own ESG policy, potentially exposing the firm to legal challenges and accusations of greenwashing.

Denmark is phasing out all oil and gas extraction by 2050, a goal codified in its 2020 climate law. The transition focuses on the port of Esbjerg, leveraging existing skills to shift from fossil fuels to offshore wind power. Supported by a strong welfare state and a 'flexicurity' model, the government aims to mitigate employment losses—estimated at 10,000 direct and 16,000 indirect jobs—through investments in green technology and international partnerships like the Beyond Oil & Gas Alliance.

The study examines the drivers of wind power curtailment reduction in China using a logarithmic mean Divisia index approach. It identifies national contributors such as local power demand and power structures, while highlighting regional differences: power transmission is critical in northwest China, thermal power dominance hinders reduction in north China, and peak-shaving auxiliary service markets assist in northeast China. The paper argues for market-oriented energy structure reforms to ensure sustainable low-carbon development.

The report finds that while electricity demand in the 'ASEAN 5' (Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam) grew by 22% from 2015 to 2021, clean energy only met 39% of this increase. Solar and wind generation remains low at 4% of the region's electricity supply, lagging behind China and India. Current national plans project solar and wind will reach 11% of the total supply by 2030, which the authors argue is insufficient to meet the 1.5-degree pathway or keep pace with rising demand, potentially leading to further reliance on coal.

Reclaim Finance criticizes SCOR for inconsistencies between its investment strategies and its insurance underwriting, specifically noting that while its asset management subsidiary SCOR IP avoids oil and gas investments, the parent company continues to insure new gas fields and allows exceptions for oil projects.

The report argues that Canada's oil and gas sector must dramatically reduce greenhouse gas emissions, specifically fugitive methane, to survive falling global demand. It proposes a short-term focus on decarbonizing production through a sector-specific emissions cap and a long-term pivot toward becoming 'carbon management' companies. These companies would leverage Canada's geological advantages to produce blue and green hydrogen, low-carbon chemical feedstocks, and carbon-negative products using carbon capture and storage (CCS) and direct air capture.

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.