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FERROGRÃO: FRAGILIDADES E LIÇÕES PARA A IMPLEMENTAÇÃO DE UMA AGENDA DE INFRAESTRUTURA SUSTENTÁVEL
The Climate Policy Initiative (CPI/PUC-Rio) analyzed the Ferrogrão railway project, finding significant gaps in its economic planning, socio-environmental governance, and risk assessment. The project, intended to lower soy export costs from Mato Grosso, faces risks of inducing 2,043 km² of deforestation. The analysis highlights a lack of transparency and a failure to align the project's technical studies with international socio-environmental standards.
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Document type: Executive summary
Markets, Externalities, and the Federal Power Act
The text asserts that because electricity generation is a primary source of greenhouse gas emissions, the Federal Energy Regulatory Commission (FERC) should use its authority as an economic regulator to address the CO2 externality. It argues that carbon pricing is not merely an environmental issue but a core market concern necessary for a functional and efficient interstate transmission and wholesale electricity market.
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Document type: Legal commentary
L’heure n’est pas à l’inertie
The Canadian federal government has introduced a strategic assessment requiring major infrastructure projects with lifespans extending beyond 2050 to provide a concrete plan for achieving carbon neutrality by 2050. While some critics argue the measure lacks a rigorous 'climate test' or is an improper strategic tool, the author contends its primary value lies in providing decision-makers with additional information and signaling to promoters that strict climate policies are forthcoming. The document highlights that high-emission, high-cost projects face risks of stranded assets due to future policy shifts and investment reorientations. While the author notes that the strategic assessment alone may not prevent stranded assets—especially since it only applies to projects lasting past 2050—it is viewed as a step toward investment stability. The author suggests that a 'climate accountability framework' with intermediate emission reduction milestones would further bridge the gap between long-term goals and short-term actions.
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Document type: Statement
Dear G20 Finance Ministers and Central Bank Governors
A letter from the We Mean Business Coalition to G20 leaders arguing that economic recovery from COVID-19 should be paired with climate action to ensure long-term stability and resilience. It advocates for the removal of fossil fuel subsidies, mandatory climate-related financial disclosures, and the requirement that companies receiving public financial assistance adopt science-based targets and TCFD-aligned disclosures.
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Document type: Statement
We’ll never get this chance again – don’t let it slip away
The author calls on energy ministers attending the IEA Clean Energy Transitions Summit to allocate global stimulus funds toward a sustainable recovery. The text advocates for the IEA's Sustainable Recovery Plan and specific policy targets, such as phasing out coal by 2040 and ending fossil fuel subsidies by 2025, while highlighting the potential for significant job creation and the growing corporate and public support for a green transition.
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Document type: Statement
Cleaning up industry: why the EU's strategy isn't enough yet
The report by WWF and Carbon Market Watch argues that the EU Industrial Strategy lacks the specific targets, timelines, and governance structures necessary to achieve climate neutrality in energy-intensive industries. While it welcomes the focus on circularity and the Just Transition Mechanism, the authors highlight critical gaps regarding emission performance standards, the phase-out of free carbon allowances, and the lack of civil society inclusion in new industrial alliances.
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Document type: Report
AMERICAS NEW CLIMATE ECONOMY: A COMPREHENSIVE GUIDE TO THE ECONOMIC BENEFITS OF CLIMATE POLICY IN THE UNITED STATES
The document argues that the United States can decouple economic growth from carbon emissions, as evidenced by a 25 percent increase in real GDP and a 12 percent fall in energy-related CO2 emissions between 2005 and 2018. It highlights that clean energy is more labor-intensive than fossil fuels, with $1 million spent on renewables or energy efficiency generating 7–8 jobs compared to 2–3 for fossil fuels. The paper emphasizes the falling costs of solar, wind, and battery technologies, noting that new clean energy portfolios are often cheaper than operating existing coal plants. It also discusses the potential for revitalizing rural communities through renewable energy and the necessity of a fair transition for fossil fuel workers to ensure social equity.
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Document type: Research paper
Loi de 2018 sur la mise en œuvre du Plan vert et climatique du Manitoba
The document analyzes Manitoba's 2018 climate accountability legislation, highlighting its use of a 'carbon savings account' with five-year cumulative emission reduction targets and an independent expert advisory council. While praising the framework's governance and the advantage of cumulative budgets over annual targets, the study notes that the absence of long-term targets and a multi-budget strategy reduces predictability and accountability for investors and policymakers.
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Document type: Case study
Manitoba’s Climate and Green Plan Implementation Act, 2018
The document examines Manitoba's 2018 climate accountability legislation, highlighting the Carbon Savings Account (CSA) and the role of the Expert Advisory Council. While praising the cumulative emissions budget approach, it notes that the lack of long-term targets and the practice of setting budgets one-at-a-time reduce predictability and accountability.
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Document type: Case study
MARKING THE WAY
The report analyzes climate accountability frameworks—systems that break long-term greenhouse gas targets into interim milestones—using case studies from jurisdictions like the UK, Aotearoa/New Zealand, British Columbia, and Manitoba. It identifies six common elements and associated best practices, such as legislating targets, ensuring independent expert advice, and using cumulative carbon budgets. For Canada, the authors recommend a national framework with legally binding milestones set only at the national level to avoid regional burden-sharing conflicts, while encouraging subnational governments to implement their own complementary frameworks. The report emphasizes a collaborative approach where the federal government provides policy backstops and financial incentives to ensure a resilient, multi-jurisdictional response to climate change.
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Document type: Report
CMW-IEDandDecarbonisation_v04.indd
The policy brief examines the gap between the EU Industrial Emissions Directive (IED) and the EU Emissions Trading System (ETS), noting that the IED's exclusion of greenhouse gas (GHG) emissions limits its effectiveness. It argues that the IED and ETS are complementary rather than duplicative, and recommends that the European Commission remove the exclusion of GHGs from the IED and introduce binding energy efficiency standards to drive industrial decarbonisation.
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Document type: Policy brief
The Burning Question
The report examines the financial and environmental impact of the UK's carbon tax exemption for biomass power plants, specifically focusing on Drax, Lynemouth, and MGT Teesside. It argues that biomass is not inherently carbon neutral and that the current tax break diverts funds from other low-carbon renewables. The author estimates that the government could forgo up to £6.4 billion in carbon taxes by 2027 based on high-end emission scenarios. The report recommends removing the tax break, tightening sustainability criteria, and requiring full life cycle assessments for Bioenergy with Carbon Capture and Storage (BECCS) projects.
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Document type: Report
Conditions vertes : Principes et conditions pour une relance économique verte au Canada après la pandémie de la COVID-19
The document argues that Canada's economic recovery from the COVID-19 pandemic presents a unique opportunity to accelerate the transition to a low-carbon economy. It proposes seven 'green conditions' to guide government spending, including requiring companies to have net-zero plans, banning stock buybacks for aid recipients, and ensuring a just transition for workers. The report emphasizes that without deliberate conditions, recovery funds risk perpetuating unsustainable economic structures.
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Document type: Report
US STIMULUS STRATEGY
RMI proposes a green stimulus strategy for the United States focused on four pillars: a national building retrofit program, the electrification and diversification of mobility, debt forgiveness linked to emissions reductions, and the creation of a federal Economic Recovery Facility to finance clean projects.
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Document type: Report
EU climate neutrality is essential, or recovery will be short-lived
The authors contend that EU stimulus plans must prioritize a zero-carbon future to avoid exacerbating climate risks. They highlight broad business support for this transition, citing various corporate coalitions and analysis suggesting that green projects offer higher short-term returns and more job creation than traditional stimulus. The statement calls for the strengthening of the European Green Deal, specifically targeting a 2030 emissions reduction of at least 55%, and recommends targeted investments in green infrastructure, innovation, and workforce reskilling.
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Document type: Statement
Global Dialogue on Responding to the COVID-19 Pandemic and Economic Crisis: Building Back Better Aligned to the SDGs and the Paris Agreement
The document argues that COVID-19 recovery should prioritize green technologies and renewables over fossil fuels to avoid stranded assets. It suggests that industry bailouts in sectors like aviation and automotive manufacturing be tied to strict green conditions and net-zero pathways. The text emphasizes the need to eliminate fossil fuel subsidies, reduce capital costs for renewables in developing countries, and implement social protections for workers displaced by the energy transition.
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Document type: Briefing
Sometimes two birds require two stones
The author contends that green stimulus is a useful tool for economic recovery but cannot replace the regulatory and pricing mechanisms necessary for deep emissions reductions. While infrastructure projects can create jobs and increase resilience, the specific nature of the COVID-19 recession—which hit service and education sectors harder than construction—means traditional 'shovel-ready' green projects may not address the root of the current economic crisis. The document emphasizes that climate action often provides economic and health benefits regardless of the economic cycle and warns against the notion that climate policy is only justifiable when linked to a crisis.
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Document type: Statement
Never Wasting a Crisis
The document exposes lobbying efforts by large polluters and the aviation industry to undermine climate action during the pandemic. It details attempts by groups like BusinessEurope and national trade associations in France, Germany, and the Netherlands to delay legislation and carbon taxes. It specifically critiques the aviation industry's push for unconditional bailouts and efforts to weaken the CORSIA carbon market baseline. The author argues that the pandemic should be used to accelerate a green recovery rather than return to business-as-usual, recommending the phase-out of free pollution permits and the introduction of fuel taxes.
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Document type: Briefing
COVID-19 Lessons for Journalists Covering the Climate Crisis
The authors contend that the COVID-19 pandemic serves as a 'test run' for the climate crisis, demonstrating the danger of ignoring science and the importance of independent, fact-based journalism. They advocate for a reporting approach that resists government pressure, highlights credible remedies, and emphasizes scientific rigor. To implement this, the Covering Climate Now collaboration, which includes over 400 news outlets, launched a coordinated week of coverage for the 50th anniversary of Earth Day focusing on broad climate solutions, including technical fixes, policy reforms like carbon pricing, and civic actions.
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Document type: Statement
Global Dialogue on Responding to the COVID-19 Pandemic and Economic Crisis: Building Back Better Aligned to the SDGs and the Paris Agreement
The document outlines a framework for a 'green and resilient recovery' following the COVID-19 pandemic, emphasizing that the next 18 months are critical as countries invest $10-20 trillion. It advocates for low-carbon infrastructure, fossil fuel subsidy reform, and a revamp of the Bretton Woods system to prioritize well-being over traditional growth metrics. The dialogue warns against bailouts for carbon-intensive sectors like aviation and coal, and highlights the urgent need for debt cancellation in vulnerable developing countries.
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Document type: Briefing