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PEP2040: Progress or disappointment?
The report argues that Poland's draft PEP2040 energy strategy is significantly under-ambitious, risking the country's position as the last major EU economy reliant on fossil fuels by 2030. While the government proposes a 50% share of renewables in power by 2040 (roughly 50-60 GW), the report suggests Poland could realistically reach 100 GW of renewable capacity by 2040. To achieve this, the document emphasizes the need to remove permitting barriers, such as the 10H spatial planning rule, and modernize grid infrastructure to prevent connection bottlenecks. Furthermore, it argues that prioritizing renewables would make the debate between coal and gas obsolete, as Poland could halve its planned gas-fired generation to 29 TWh by 2030 while maintaining system balance.
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Document type: Briefing
Electricity Source Trends
In 2022, the EU electricity mix was led by nuclear (22%), gas (20%), coal (16%), and wind (15%), with solar accounting for 7.3%. While solar and wind continued their long-term growth trends, nuclear and hydro experienced significant declines due to plant closures and drought. Coal saw a temporary increase to offset these losses, while gas remained the only fossil fuel to show growth over the last two decades.
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Document type: Report
EU Electricity Trends
In 2022, EU electricity demand fell by 2.7% to 2809 TWh, driven by mild weather and demand reduction measures. Despite this, power sector CO2 emissions rose by 3.9% due to shortfalls in nuclear and hydro generation, which necessitated increased fossil fuel use. Wind and solar generation continued to grow, reaching a 22% market share, while nuclear generation fell to its lowest share in 40 years at 22%.
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Document type: Report
Net-Zero Insurance Alliance’s target-setting protocol is a frustrating step backwards
The Net-Zero Insurance Alliance (NZIA) released its first Target-Setting Protocol on January 17, 2023. Reclaim Finance argues the protocol is a 'step backward' compared to other GFANZ alliances and IPCC guidelines. Key criticisms include a low minimum emission reduction target of 34% CO2e by 2030, the failure to explicitly address fossil fuel expansion, and the exclusion of treaty reinsurance and certain construction insurance from its scope. While the document notes the positive exclusion of carbon offsets from targets, it calls for the NZIA to accelerate its protocol update from late 2024 to the end of 2023.
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Document type: Statement
2022 in Review: Global Temperature
Based on NASA and NOAA data, 2022 was the sixth hottest year on record, measuring 2.03°F (1.13°C) warmer than the 1881-1910 baseline. This warming occurred despite the cooling effect of a third consecutive La Niña year. The Arctic continues to warm nearly four times faster than the global average, with the last seven years being the warmest since 1900. The document also notes that renewables are projected to become the largest global electricity source by 2027, with China, the United States, and India expected to drive two-thirds of that growth.
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Document type: Fact sheet
Transición energética en Latinoamérica: ¿hacia dónde vamos?
The document argues that energy transitions in Latin America are often reductionist, focusing on decarbonization while continuing to support fossil fuels as economic drivers or transition catalysts. Through case studies of Chile, Colombia, Mexico, and Peru, it highlights a disconnect between international climate commitments and public investment, warning that the current approach risks creating carbon 'lock-in' and prolonging extractivism.
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Document type: Briefing
REGVERDIGE ENERGIEOORGANG IN SUID-AFRIKA
The document defines a just energy transition as a shift toward sustainable energy that incorporates environmental justice, ensuring marginalized groups are central to decision-making. It analyzes South Africa's current energy system, which is dominated by coal (approximately 80%), and outlines the legal frameworks, such as the Constitution and NEMA, that support community rights. The guide provides practical steps for accessing information via PAIA, securing free, prior, and informed consent (FPIC), and participating in Environmental Impact Assessments (EIAs). It also highlights the potential for community-based renewable energy initiatives, using a case study from Kenya to illustrate successful local ownership.
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Document type: Guide
UGUQUKO LWAMANDLA OLUNOBULUNGISWA ENINGIZIMU AFRIKA
The document serves as a community guide to South Africa's energy transition, explaining the shift from fossil fuels to renewable energy through the lens of environmental justice. It details the current energy mix—dominated by coal—and the legal frameworks, such as the Constitution and NEMA, that protect community rights to information and a healthy environment. The guide provides practical steps for accessing government information via PAIA, ensuring Free, Prior and Informed Consent (FPIC), and participating in Environmental Impact Assessments (EIAs). It also highlights the potential for community-led renewable energy projects, using a case study from Kenya to illustrate successful local energy ownership.
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Document type: Guide
JUST ENERGY TRANSITION IN SOUTH AFRICA
The document serves as a legal resource for South African communities to navigate the transition from fossil-fuel-based energy to renewable sources. It defines the Just Energy Transition (JET) and environmental justice, analyzes South Africa's current energy mix—which is 80% coal-dependent—and outlines the legal frameworks, such as the Constitution and the National Environmental Management Act, that support community participation. The guide provides practical steps for accessing information via PAIA requests, securing Free, Prior and Informed Consent (FPIC), and engaging in Environmental Impact Assessments (EIAs). It also highlights the potential for community-based renewable energy initiatives and the importance of Community Development Agreements to ensure local benefits.
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Document type: Guide
RÉFORME DES RETRAITES
The document argues that the 2023 pension reform in France increases uncertainty regarding public pensions, thereby incentivising citizens to use private capitalised savings products. Reclaim Finance warns that the primary beneficiaries of this shift—major asset managers and insurers—lack robust commitments to end the expansion of oil and gas and are slow to exit coal, contradicting the 1.5°C warming limit. The briefing also highlights the risk of increased market share for US-based firms like Blackrock, which it describes as less virtuous regarding climate regulations.
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Document type: Briefing
Online Appendix to the 2023 Production Gap Report: Phasing down or phasing up? Top fossil fuel producers plan even more extraction despite climate promises
The appendix describes the technical process for estimating the 'government plans and projections' (GPP) pathway using data from 19 major producer countries and deriving climate-consistent pathways from IPCC AR6 mitigation scenarios. It outlines the conversion of physical production data into energy and extraction-based GHG emission units and explains the scenario-filtering process used to exclude pathways with unrealistic reliance on carbon dioxide removal (CDR) and carbon capture and storage (CCS). Additionally, it compares the 2023 findings with the 2021 assessment, noting a widening production gap for coal by 2030.
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Document type: Report
Informe sobre la brecha de producción de 2023
The 2023 Production Gap Report finds that governments plan to produce significantly more fossil fuels by 2030 and 2050 than is compatible with the 1.5°C goal of the Paris Agreement. Despite net-zero commitments, major producers continue to plan expansions, with coal production projected to increase until 2030 and oil and gas until at least 2050. The report emphasizes that relying on carbon capture and storage (CCS) and carbon dioxide removal (CDR) is risky due to technical failures and scale issues, urging a phase-out of coal by 2040 and a reduction of oil and gas to 25% of 2020 levels by 2050.
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Document type: Executive summary
Regulation on methane emissions reduction in the energy sector and the weakening of the proposal by the Council
The signatories argue that the Council's draft of the Methane Regulation introduces loopholes and exceptions that would significantly reduce its mitigation potential, specifically regarding leak detection frequencies, venting and flaring rules, and coal sector thresholds.
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Document type: Statement
Les recommandations de Reclaim Finance pour un nouveau label ISR crédible
Reclaim Finance argues that the current recommendations for the French ISR label are insufficient because they lack precise definitions and fail to address the expansion of fossil fuels. The organization proposes strict exclusion criteria for companies developing new oil, gas, and coal projects, as well as a requirement for all funded companies to adopt detailed transition plans by 2024 featuring absolute emission reduction targets and alignment with a 1.5°C scenario.
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Document type: Statement
Making the Leap
The document contends that JETP countries should leapfrog fossil gas to avoid economic volatility and asset stranding, instead leveraging their significant solar and wind resources to improve energy access and ensure a climate-safe transition.
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Document type: Briefing
WEO 2022 – From the fossil fuel age to the clean energy era
The document examines the IEA's WEO 2022, specifically the Net-Zero by 2050 (NZE) scenario, to outline a transition from fossil fuels to clean energy. It argues that fossil fuel demand is peaking and that achieving the 1.5°C target requires a total transformation of energy investment, characterized by a '9 for 1' ratio of clean energy to fossil fuel spending by 2030.
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Document type: Briefing
No more fuel to the fire
The global energy crisis has exposed critical vulnerabilities in the energy systems of Southeast Asian nations, particularly their reliance on imported fossil fuels. While governments in Indonesia, Thailand, the Philippines, and Viet Nam have implemented short-term measures to mitigate price shocks and secure fuel supplies, the report argues that these responses fail to address underlying vulnerabilities. It calls for an acceleration of fossil fuel phasedowns, a reconsideration of natural gas as a transition fuel, and a prioritisation of renewable energy scale-ups and energy efficiency to build long-term resilience.
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Document type: Report
Fossil Fuel Transition Strategies
The document outlines the role of fossil fuel transition strategies in shifting power sectors toward clean energy, driven by the fact that renewables are now the lowest-cost power source for most countries. It examines how utilities and governments are utilizing new financing and reinvestment opportunities to transition coal fleets and limit new gas infrastructure while mitigating impacts on ratepayers.
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Document type: Report
Global Energy Transformation Guide: Market Structures
The document argues that market innovation is critical for the energy transition, as evolving market parameters help systems accommodate higher levels of variable and distributed energy resources while maintaining reliability and affordability. It notes that maturing markets are currently improving the economics of renewables and putting pressure on coal economics. The guide provides global trends, case studies, and analysis of how market structures can advance seven key outcomes for global energy transformation.
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Document type: Guide
Formal complaint regarding Serious Violations of the Principles for Responsible Investment (PRI) by signatory Nuveen, a TIAA company
The complaint argues that TIAA/Nuveen engages in systematic greenwashing by marketing sustainable ESG products while maintaining substantial holdings in coal, oil, and gas, and acquiring land in Brazil linked to deforestation and human rights abuses. It requests that the PRI Board investigate these practices and require corrective actions, including full divestment from fossil fuels by 2025.
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Document type: Report