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EU’s 2040 climate target and the high costs of international credits
Carbon Market Watch warns that allowing international carbon credits in the EU's 2040 climate target could lead to the outsourcing of 140 million to 430 million tonnes of emissions. The organization highlights two interpretations of the Commission's '3% of 1990 EU net emissions' proposal: a cumulative scenario (Scenario 1) and a build-up scenario (Scenario 2). Both would result in higher EU emissions than a fully domestic approach and impose significant costs—ranging from €7 billion to over €30 billion—diverting funds from domestic decarbonization and climate finance. The document further contends that such credits undermine the 2040 target, risk exacerbating inequalities in the Global South, and contradict previous impact assessments favoring a domestic 90-95% net emission reduction.
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Document type: Statement
HSBC India Framework
The HSBC India Framework is a Category I-2 sub-project under the Green Guarantee Company (GGC) programme, managed by MUFG Bank, Ltd. It aims to enhance capital deployment for clean energy initiatives in India through GGC guarantees. The framework adopts both HSBC's Environmental and Social Management System (ESMS), based on the Equator Principles, and the GGC ESMS to manage risks. While specific transactions are not yet identified, the framework establishes that the more stringent requirement will apply if differences arise between the two ESMS. The project intends to avoid transactions impacting indigenous peoples' land and livelihoods, though land acquisition under IFC Performance Standard 5 may be triggered.
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Document type: Report
ESS disclosure report form for subprojects
The report details the disclosure of environmental and social impact assessments and management plans for the Kwama-Ilute Solar PV subproject in the Sesheke District of Zambia. It confirms that required documents, including the ESIA, ESMP, and Livelihood Restoration Plan, were disclosed on September 4, 2025, in both English and Lozi to ensure accessibility for affected populations. The subproject is classified as GCF Category B, while the overarching REPP 2 programme is Category I-2 and covers ten target countries across Africa.
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Document type: Report
State of EU Progress to Climate Neutrality
The EU is seeing growth in cleantech manufacturing and solar capacity, but the overall pace of transition remains insufficient. Significant financing gaps, fossil fuel dependencies, and misaligned agricultural policies continue to obstruct the path to climate neutrality.
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Document type: Report
Comments on the Department of Energy’s (DOE) recent report, “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate.”
Climate Central argues that the Department of Energy (DOE) report, “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate,” fails to represent the scientific consensus and should not serve as a policy basis. The organization asserts that the DOE report selectively ignores two decades of scientific developments and omits major international assessments. Specifically, Climate Central contends that the DOE understates the link between human-caused climate change and the increasing intensity, rainfall, and rapid intensification of hurricanes, as well as the acceleration of sea-level rise. It further argues that the DOE's analysis of temperature extremes is misleading by focusing on the 1930s Dust Bowl era without global context and that its assessment of wildfires in the western U.S. is incomplete. Finally, the document disputes the DOE's claims regarding solar variations and the validity of extreme event attribution (EEA) methodologies, while arguing that the DOE's use of GDP to downplay disaster costs ignores the increasing physical hazards of climate change.
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Document type: Statement
Submission to the OECD Public Consultation on Possible Positive Contributions of Investment Agreements to Achieving Climate and Environmental Goals
The International Institute for Sustainable Development (IISD) argues that investment treaties must evolve from static instruments of investor protection into policy tools that address specific climate challenges. The submission outlines a three-step framework: assessing the realistic capabilities and limitations of treaties, identifying specific climate-related policy problems (such as energy sector bottlenecks and fossil fuel subsidies), and determining avenues for positive contributions, including enhancing transparency, requiring responsible business conduct, and facilitating cross-border cooperation.
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Document type: Statement
Climate Financing in BRICS: Lessons from Brazil and South Africa
The document examines how Brazil and South Africa use carbon pricing, green bonds, green taxonomies, and central bank regulations to fund their transitions to net zero by 2050. It highlights the inadequacy of current international climate finance, noting that developing countries pay significantly more for multilateral development bank finance and that most climate funding arrives as loans rather than grants. The brief details South Africa's carbon tax and Just Energy Transition Partnership (JETP), and Brazil's voluntary carbon market and sovereign sustainable bonds. It argues that BRICS nations should use peer learning to scale these tools and collectively advocate for the restructuring of the World Bank and IMF to ensure more affordable and equitable finance for the Global South.
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Document type: Policy brief
African debt and climate change: how the ICJ’s Vanuatu ruling could be used for broader justice
The International Court of Justice (ICJ) issued a unanimous advisory opinion on 23 July 2025, establishing that states have customary international legal obligations to prevent significant environmental harm and cooperate to protect the environment. The author contends that these obligations apply to the restructuring of African sovereign debt, as debt distress often forces states to choose between creditor payments and financing essential services like renewable energy and health. The document suggests three avenues for relief: using the ruling to bolster negotiations on the social and environmental costs of debt, reminding stakeholders of international norms such as the UNCTAD Principles on Promoting Responsible Sovereign Borrowing and Lending, and enabling activists to hold states and financial institutions accountable through mechanisms like National Contact Points or multilateral development bank accountability systems.
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Document type: Research paper
A Technology Road Map for Next-Generation Geothermal
The report outlines a structured path to commercialize superhot rock (SHR) geothermal energy—defined as rock hotter than 400°C—which could produce five to ten times more energy per well than conventional geothermal. It proposes a six-phase road map: establishing governance and a Steering Committee, identifying existing resources, filling technical gaps, iterative testing (modeling, lab, and field), deployment of pilot and commercial projects, and creating a continual improvement life cycle. The report identifies critical technology gaps in well construction, drilling, and heat extraction, noting that addressing these gaps independently would cost approximately $1.4 billion (USD), a figure that could be reduced through shared infrastructure and joint investment. It emphasizes the need for a global information-sharing platform and standardized protocols to avoid duplicating failures and accelerate the learning curve.
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Document type: Report
Meat vs EAT-Lancet: The dynamics of an industry-orchestrated online backlash
The report exposes a tightly coordinated network of scientists, doctors, and journalists who used hashtags like #Yes2Meat and #ClimateFoodFacts to discredit the EAT-Lancet report. It details the role of the PR agency Red Flag and industry-funded entities like the UC Davis CLEAR Center in orchestrating these campaigns. The document also analyzes subsequent industry gatherings, such as the Dublin Declaration and the Denver Summit, as efforts to maintain the meat industry's 'social license to operate' through biased scientific narratives and identity-driven influencer campaigns ahead of the EAT-Lancet 2.0 update.
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Document type: Report
Transition plan requirements consultation
ClientEarth advocates for the UK government to mandate the development, disclosure, and implementation of transition plans aligned with the Paris Agreement. The organization argues that a 'comply or explain' framework is insufficient and that mandatory requirements are necessary to prevent 'greenwashing' and 'say-do gaps'. It specifically highlights the need for pension schemes to manage systemic climate risk through Paris-aligned anchors and robust stewardship. ClientEarth further asserts that legal risks for directors are often overstated due to the 'dishonesty standard' in English law, and that alignment with the 1.5°C goal is essential for the UK to fulfill its international obligations following the 2025 ICJ Advisory Opinion.
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Document type: Statement
ClientEarth contribution to the European Commission’s Call for Evidence Simplification of administrative burden in environmental legislation
ClientEarth argues that environmental safeguards are constitutional obligations, not administrative burdens, and that the EU should address implementation bottlenecks—such as lack of staffing and poor digitalisation—rather than deregulating. The document specifically opposes the discontinuation of the SCIP database, the simplification of the EU Deforestation Regulation (EUDR), and the weakening of the Industrial Emissions Directive (IED) or Nature Restoration Regulation (NRR). It emphasizes that robust environmental assessments provide legal certainty and risk mitigation for investors.
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Document type: Statement
Revised EU Industrial Emissions Directive
The briefing details the 2024 revisions to the Industrial Emissions Directive (IED), focusing on expanding access to justice, strengthening non-compliance and suspension mechanisms, increasing penalties, and introducing a new compensation right for health damages. It emphasizes alignment with the Aarhus Convention and provides recommendations for Member States to ensure these provisions are effective and dissuasive in practice.
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Document type: Briefing
Leveraging the Action Agenda to Link Local and Global Just Transitions Workshop Outcomes
The workshop, held in September 2025, focused on linking local leadership with global climate frameworks. Through case studies from India, South Africa, and Ethiopia, participants identified the necessity of community ownership, political will at the national level, and the use of the COP30 Action Agenda to scale locally-led solutions. The event concluded that a global Just Transition must be grounded in local realities and supported by international mechanisms for finance and knowledge sharing.
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Document type: After-action report
Domestic Implications of Existing and Planned Oil and Gas Demand Reduction Strategies for Nigeria
The document examines Nigeria's vulnerability to global energy transitions due to its heavy reliance on oil and gas exports, high production costs, and limited economic diversification. It highlights the risks of reduced government revenue and job losses while identifying opportunities in critical minerals, natural gas as a transition fuel, and non-oil sector growth.
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Document type: Case study
Domestic Capital Mobilization for Climate Finance in Southeast Asia
The report analyzes climate finance flows in Southeast Asia, finding a heavy reliance on international capital despite growing domestic interest. It focuses on Indonesia, the Philippines, and Vietnam, identifying that while corporates are the primary local investors, institutional and financial institutions remain underutilized due to risk perceptions and loan tenor mismatches. The document argues that blended finance—through guarantees, technical assistance, and project aggregation—can catalyze local investment in nature-based solutions, adaptation, and utility-scale renewables.
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Document type: Report
Roadmap for an Automotive Component Technology Upgradation Financing Facility
India's transition to electric mobility requires significant technology upgrades for automotive component MSMEs, who face structural barriers to affordable capital. CPI estimates that these MSMEs need INR 55,000 crore (USD 6.6 billion) in investment between FY2026 and FY2035 to maintain their industry share. To bridge this gap, the report proposes AC-TUFF, a blended-finance special purpose vehicle utilizing a tiered capital stack (first-loss, concessional, and commercial capital) and an integrated technical assistance wing. The facility aims to mobilize a total corpus of INR 5,000 crore to support the localization of EV components, which has a projected annual market potential of INR 3.86 lakh crore by FY2035.
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Document type: Report
Climate Change in the American Mind
The report finds that while a majority of registered U.S. voters support various clean energy policies and prefer candidates who take action on global warming, the issue remains low in priority for most voters when deciding on congressional candidates. There is strong bipartisan support for policies like soil restoration and renewable energy research, but significant polarization exists regarding the transition from fossil fuels and the Paris Climate Agreement.
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Document type: Report
REPEALING FEDERAL TAILPIPE EMISSIONS STANDARDS WOULD RAISE HOUSEHOLD COSTS, HARM PUBLIC HEALTH, AND DAMAGE THE ECONOMY
The report argues that repealing federal tailpipe emissions standards would significantly harm the United States by increasing household energy costs, causing premature deaths due to increased air pollution, and reducing GDP and employment. Using the Energy Policy Simulator (EPS), the analysis finds that such a repeal would lead to a slower adoption of zero-emission vehicles (ZEVs), higher gasoline prices, and a cumulative GDP loss of $710 billion between 2026 and 2050.
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Document type: Report
Priority Actions for Deforestation- and Conversion-Free Finance
The document outlines a strategic framework to transition the global financial system toward deforestation- and conversion-free (DCF) models. It details specific mandates for policymakers to reform fiscal policies and subsidies, for central banks to embed nature-related risks into prudential supervision, and for financial institutions to scale capital toward sustainable land use and regenerative agriculture. The report emphasizes that aligning financial flows is essential to meet climate and biodiversity targets, citing the loss of 6.7 million hectares of tropical primary forests in 2024 as a critical risk to economic stability.
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Document type: Report