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ClientEarth warns the Mineworkers’ Pension Scheme trustees that failing to address climate-related financial risks may constitute a breach of fiduciary duty. The letter outlines the material risks associated with fossil fuel assets, the opportunities in the low-carbon transition, and emerging market standards for asset owners. It provides a detailed set of recommended actions, including reallocating capital away from coal and high-carbon assets, adopting TCFD-aligned reporting, and pursuing active stewardship of portfolio companies.

ClientEarth warns the National Grid UK Pension Scheme trustees that treating climate risk merely as part of general ESG issues may be insufficient to meet their legal obligations. The letter outlines material financial risks associated with fossil fuels, the potential for returns from low-carbon investments, and emerging market standards for asset owners. It concludes with a set of recommended actions, including reallocating capital away from coal and high-carbon assets, adopting TCFD-aligned reporting, and pursuing active stewardship of portfolio companies.

ClientEarth warns the Shell Contributory Pension Fund trustees that failing to strategically manage climate risk may breach their fiduciary duty to act in the best interests of members. The letter asserts that climate change is a material investment risk and provides evidence that fossil fuel assets, particularly coal, are highly exposed to financial losses. It highlights emerging market standards among OECD asset owners, including the use of TCFD frameworks and divestment policies. ClientEarth recommends specific actions: evaluating physical and transitional risks, reallocating capital away from coal and risky fossil fuels, and pursuing active stewardship to align portfolio companies with the Paris Agreement.

ClientEarth argues that the Tesco Pension Scheme trustees may be breaching their fiduciary duties by failing to identify and mitigate specific climate change risks. The letter asserts that climate risk is a material financial risk and provides evidence that fossil fuel assets, particularly coal, are highly exposed to losses. It further claims that low-carbon investing does not compromise returns and that market standards are shifting toward robust climate governance and divestment. ClientEarth recommends a series of actions, including reallocating capital away from coal and risky fossil fuels, adopting TCFD-aligned reporting, and implementing active stewardship policies to ensure portfolio resilience.

The document outlines the challenges of South Africa's coal-dependent energy system, including environmental externalities and the financial crisis at Eskom. It proposes cancelling further coal Independent Power Producers (IPPs), reforming Eskom's business model to invest in renewables, and increasing the localisation of renewable energy manufacturing. A central theme is the 'just transition,' emphasizing the role of unions and the state in protecting vulnerable workers through re-skilling and social protection. The brief recommends the urgent finalisation of the Integrated Resource Plan (IRP) 2016 and the establishment of a Just Transition Taskforce.

The Life After Coal Campaign, comprising the Centre for Environmental Rights, groundWork, and Earthlife Africa, submitted a letter to the National Energy Regulator of South Africa (NERSA) on 7 June 2018. The letter urges NERSA to deny generation licenses for the Thabametsi and Khanyisa coal-fired independent power producer (IPP) projects, citing a University of Cape Town Energy Research Centre (ERC) report that describes the projects as economically inefficient and environmentally harmful.

The G7 Fossil Fuel Subsidy Scorecard reveals that G7 governments continue to provide substantial financial support to fossil fuels despite commitments to phase them out by 2025. Analysis shows that in 2015 and 2016, G7 nations provided at least USD 100 billion annually in subsidies and public finance, failing to implement mechanisms to document the full extent of this support or ensure accountability.

Southern Africa faces an energy crisis characterized by a lack of electricity access and a coal-dominated energy mix. The document argues that overcoming this requires a combination of regional cooperation to manage hydropower resources and the deployment of decentralised solutions like mini-grids for rural areas, while addressing systemic barriers such as poor project preparation and inadequate regulatory frameworks.

The SADC region faces a significant electricity supply-demand gap, with 68% of residents lacking access and a heavy reliance on coal, primarily driven by South Africa. The report argues for a dual approach: strengthening the Southern African Power Pool (SAPP) through better regional regulation and transboundary projects, and scaling up renewable energy mini-grids in rural areas. It highlights that while the region has vast solar, wind, and hydro potential, investment is hindered by poor policy frameworks and the financial insolvency of national utilities.

The document analyzes the energy crisis in the Southern African Development Community (SADC) and Southern African Power Pool (SAPP) regions, highlighting a significant gap between electricity generation and demand. It identifies key obstacles, including inadequate infrastructure investment, the insolvency of national utilities due to low tariffs, and the disproportionate influence of South Africa's coal-dominated energy system. The authors argue that while energy crises often push states toward inward-looking policies, regional cooperation, harmonized regulation, and transboundary projects offer the most viable path to energy security and economic development.

The Life After Coal Campaign and Greenpeace Africa have written to South Africa's Minister of Energy to express concerns that the updated Integrated Resource Plan (IRP) for electricity is being fast-tracked without sufficient public consultation. The authors argue that the IRP must be based on the least-cost technology combination, account for external costs to health and climate, and align with South Africa's Nationally Determined Contribution (NDC) under the Paris Agreement. They specifically oppose the continued inclusion of coal and nuclear power, citing the risk of stranded assets and the need for a just transition to renewable energy. The letter warns that failing to provide a transparent, fair process for public comment would make the final IRP vulnerable to legal challenges.

ClientEarth acknowledges Lloyd's decision to divest the Central Fund from companies heavily associated with coal starting 1 April 2018, but argues that this represents only 2.5% of the total assets in the 'Chain of Security'. The organization contends that coal-related stranded asset risks increase the likelihood of insolvency and property and casualty claims, thereby threatening the broader market's solvency. ClientEarth proposes that Lloyd's modify its Minimum Standards to require stress testing for coal risks, adopt the Task Force on Climate Related Financial Disclosures (TCFD) Recommendations as industry best practice, and mandate the use of peer-reviewed climate science in risk evaluations.

The document asserts that the revamped EU ETS rules for 2021-2030 are insufficient to limit global warming to 1.5 degrees, necessitating additional national actions such as carbon floor prices. It highlights the UK's experience, where a floor price introduced in 2013 contributed to a nearly 60% drop in coal emissions in 2016. The text notes similar initiatives in the Netherlands and considerations in Nordic countries, arguing that such price floors provide investment certainty and discourage the use of coal to avoid stranded assets.

The report identifies a 'political equilibrium' in Indonesia where the priorities of maintaining low electricity tariffs and low government subsidies outweigh the commitment to renewable energy targets. Key roadblocks include power purchase price caps (BPP) that make projects unviable, policy instability, and the dominant influence of the state-owned utility PLN and the coal industry. Experts interviewed for the study unanimously believe the 2025 target will be missed unless significant policy shifts occur.

The paper finds that while some countries like Ethiopia and Peru align their NDCs with national strategies, others like Bangladesh and Ghana exhibit a disconnect between climate commitments and energy planning. It argues that integrating climate objectives into national development strategies and leveraging co-benefits such as job creation and health improvements can drive higher ambition in revised NDCs.

The document analyzes the difficulties of creating sustainable horizontal linkages in Mozambique, where a weak manufacturing base and low human capital hinder the ability of local SMEs to diversify beyond specific 'megaprojects'. While the Mozlink II program generated USD 53 million in incremental sales for SMEs, many firms became overly specialized and dependent on the Mozal smelter, failing to transfer skills to other sectors. The study highlights that supplier development programs are insufficient without a broader strategy to address systemic constraints such as lack of access to finance, low educational attainment, and a policy environment biased toward foreign investment.

The annex details updates to India's energy subsidy landscape, noting the discontinuation of several renewable energy schemes and tax holidays for power generation and mineral oil production. It introduces new subsidies linked to the 2017 Goods and Services Tax (GST) for coal, LPG, and renewable energy equipment, alongside the Saubhagya electrification scheme and various national and state-level (Maharashtra) incentives for electric vehicles.

Australia employs a balanced approach to local procurement, combining national regulatory frameworks like the Australian Industry Participation (AIP) National Framework with state-level policies and Indigenous Land Use Agreements (ILUAs). Key demand-side measures include requiring AIP plans for projects exceeding AUD 500 million, while supply-side support is provided through the Supplier Access to Major Projects (SAMP) program and the ICN Gateway database. The country also aligns its education system with the needs of the Mining Equipment, Technology and Services (METS) sector and has previously used tax incentives like the Enhanced Project By-Law Scheme to reward firms implementing AIP plans.

The report finds that while electricity access finance in 20 high-impact countries increased to USD 30.2 billion per year in 2015-16, it remains far below the USD 52 billion needed annually for universal access by 2030. Investment is heavily skewed toward non-residential consumers and grid-connected technologies, including a doubling of fossil fuel investments to USD 8 billion. Clean cooking finance has decreased to USD 30 million per year, a fraction of the USD 4.4 billion required. Geographically, finance is concentrated in a few countries, with Sub-Saharan Africa falling further behind despite having the highest need.

The document provides a comprehensive overview of the coal industry in the United States, detailing the transition from underground to surface mining and the shift toward low-sulfur coal. It highlights the severe ecological damage caused by mountaintop removal and the public health risks associated with coal combustion, including the emission of sulfur dioxide, mercury, and carbon dioxide. The guide also discusses the economic decline of coal due to the rise of natural gas and renewables, while noting the energy-intensive nature of carbon capture and storage (CCS) technologies.