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Reclaim Finance reports that the Paris financial center's transition away from coal has stalled, with many institutions maintaining weak policies or continuing to support coal developers. The analysis highlights gaps in exclusion criteria, the failure of passive funds to exclude fossil fuel bonds, and a lack of comprehensive exit plan requirements for portfolio companies. The document criticizes the French government for failing to legislate or enforce these commitments despite warnings from regulators.

The Royal Bank of Canada (RBC) is identified as the top financier of fossil fuels globally, providing $40.6 billion in funding last year. The text argues that RBC's weak coal policy contradicts its membership in the Net-Zero Banking Alliance and demands the bank cease financing coal expansion to align with climate science.

Reclaim Finance argues that the proposed ISR label framework lacks sufficient guarantees for investors and requires stronger sectoral exclusions, particularly for unconventional fossil fuels and coal. The organization calls for the label to mandate alignment with a 1.5°C warming scenario, the use of specific scientific benchmarks for transition plans, and increased transparency in shareholder engagement and voting policies.

The Canadian Association of Physicians for the Environment advocates for the Clean Electricity Regulations to ensure a net-zero electricity grid by 2035, emphasizing the need for interim targets and the removal of exemptions for emitting assets. The statement highlights that Canada's electricity sector was the sixth largest source of domestic greenhouse gas emissions in 2020, particularly in Alberta, Saskatchewan, and Nova Scotia. It links the phase-out of coal and gas to significant health benefits, noting that coal causes severe respiratory and neurological issues, while gas plants are associated with adverse birth outcomes and increased hospital admissions for the elderly.

The briefing advocates for a global Fossil Fuel Non-Proliferation Treaty based on three pillars: ending new exploration and production, phasing out existing production equitably, and enabling a just global transition. It outlines the necessity of international coordination to address the supply side of climate change, noting that current global production plans exceed 1.5°C limits. The document provides a roadmap for governments to support the treaty through public endorsements, diplomatic engagement, and domestic policy measures such as removing subsidies and restricting new infrastructure.

The briefing advocates for an international treaty to end the proliferation of coal, oil, and gas, phase out existing production equitably, and enable a global just transition. It outlines the necessary 'ingredients' for such a treaty, proposes specific diplomatic and domestic actions for governments, and provides suggested language for multilateral statements.

The briefing advocates for an international treaty to end fossil fuel proliferation through three pillars: prohibiting new exploration and production, phasing out existing production equitably, and facilitating a just transition for dependent countries and communities. It outlines the necessary ingredients for such a treaty—including civil society movements and 'champion' countries like Vanuatu and Tuvalu—and provides a roadmap of diplomatic and national policy actions for governments to reduce fossil fuel dependency.

The briefing advocates for an international treaty to end the proliferation of fossil fuels through three pillars: prohibiting new exploration and production, phasing out existing production equitably, and facilitating a just transition for dependent countries and workers. It outlines a diplomatic strategy for 'champion countries' to drive this process, suggests specific national policy actions to reduce supply-side dependence, and provides model text for governments to use in multilateral negotiations.

The briefing proposes a Fossil Fuel Non-Proliferation Treaty based on three pillars: preventing new exploration licenses, phasing out existing production equitably, and ensuring a just transition for workers and dependent communities. It outlines a strategy for 'precursor countries' to drive international cooperation, suggests specific diplomatic actions for national governments, and provides a menu of domestic policy options to reduce fossil fuel dependency.

The briefing asserts that current global production plans for fossil fuels will lead to emissions more than double what is compatible with the 1.5 °C target. It argues that while the Paris Agreement focuses on emissions, a new international legal instrument is needed to specifically target the supply side by ending new exploration and managing the equitable decline of existing production. The proposed treaty framework emphasizes a 'just transition' where wealthy nations transition fastest and provide financial and technological support to poorer, dependent nations. The document suggests a path toward this treaty through new country coalitions, such as the Beyond Oil and Gas Alliance (BOGA), increased transparency via the Global Fossil Fuel Registry, and the potential creation of a Global Commission on Fossil Fuels.

The briefing advocates for a Fossil Fuel Non-Proliferation Treaty to address the climate crisis by targeting the supply side of fossil fuels. It argues that existing frameworks like the Paris Agreement are insufficient because they focus on emissions rather than production. The proposed treaty would focus on three pillars: non-proliferation of new fuels, an equitable phase-out of existing production, and a global just transition. The document outlines necessary international cooperation, including new coalitions like the Beyond Oil and Gas Alliance (BOGA) and tools like the Global Fossil Fuel Register, while drawing parallels to successful treaties on nuclear weapons and landmines.

Reclaim Finance calls on AXA to align with industry peers by ending support for oil and gas expansion. The organization argues that AXA's current policy, which allows for companies 'in transition' to develop new projects, contradicts IEA science. Specifically, Reclaim Finance demands that AXA exclude new oil and gas fields, new midstream infrastructure including LNG terminals, and coal projects within reinsurance treaties, noting that peers like Allianz and Munich Re have already committed to excluding new oil and gas fields.

Reclaim Finance calls on AXA to align its insurance and reinsurance policies with the IEA's Net Zero by 2050 scenario. The organization demands that AXA exclude new oil and gas fields, remove exceptions for companies claiming to be "in transition," and cease coverage for new LNG terminals and coal infrastructure in reinsurance treaties.

The document is a formal appeal to JPMorgan Chase shareholders to vote in favor of a resolution that would stop the bank from financing fossil fuel expansion. The signatories argue that continuing to fund new oil, gas, and coal infrastructure is inconsistent with the global scientific consensus required to limit warming to 1.5°C and contributes to environmental injustice and economic risk.

This report by Trend Asia examines Indonesia's energy transition policies, specifically focusing on the Just Energy Transition Partnership (JETP) and the role of the state electricity company, PLN, in managing energy capacity and emissions.

In 2022, solar and wind energy accounted for 92% of India's new power generation capacity, totaling 15.7 GW, while coal additions dropped by 78% compared to 2021. Solar energy was the primary driver, adding 13.9 GW in a single year. Rajasthan and Gujarat emerged as the leading states, together contributing 8.6 GW of solar capacity and accounting for one-third of India's national 2030 renewable energy capacity target of 450 GW. Rajasthan set a state-level record by adding 6.7 GW of combined solar and wind capacity in 2022.

The document outlines China's transition toward a "New Power System" as a means to reach peak carbon emissions before 2030 and carbon neutrality by 2060. It characterizes the current system by its reliance on coal, growing electricity demand, and the geographic distance between renewable sources and load centers. To transition, the report proposes a system defined by balanced green power development, large-scale energy storage, smart grids powered by AI and digital technology, and elastic demand for system balancing.

One year after the invasion of Ukraine, the EU has substituted nearly 75% of Russian gas imports and seen wind and solar generate a record 22% of its electricity in 2022. Globally, gas demand is forecast to peak by the end of the decade, with 88% of electricity demand growth to 2025 expected to be met by renewables. While renewable energy saved billions in fossil fuel costs, high gas and coal prices drove 90% of the global increase in electricity costs in 2022. Russia faces significant financial losses from sanctions, including a USD 25 billion public deficit in January 2023, while EU industrial production grew by over 2% on average despite a 15% drop in industrial gas demand.

The Institute for Economic Justice (IEJ) calls for the 2023/2024 Budget to abandon regressive macroeconomic policies and prioritize public investment in infrastructure, the green economy, and social services. The statement emphasizes the need for the state to absorb Eskom's debt, renegotiate power purchase agreements, and increase the Social Relief of Distress (SRD) grant to the Food Poverty Line to combat extreme poverty and energy instability.

The Institute for Economic Justice (IEJ) critiques the 2023 SONA for relying on private sector solutions for infrastructure and the energy transition, which it argues undermines state capacity and affordability. While welcoming the National State of Disaster for the energy crisis and the extension of the Social Relief of Distress (SRD) grant, the IEJ highlights failures in grant accessibility and the imbalance of the Just Energy Transition Investment Plan (JET-IP), where infrastructure receives 89.4% of funding compared to minimal allocations for skills and diversification. The IEJ calls for a radical shift toward a rights-centered development agenda, including the removal of Eskom's debt from its balance sheet and the implementation of a universal basic income grant.