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Coal is not making a comeback: Europe plans limited increase
Analysis by Ember indicates that placing approximately 14 GW of coal plants on standby in Europe to offset gas shortages would have a limited impact on emissions and would not derail long-term climate commitments. The report argues that these are short-term emergency measures and that the crisis is actually accelerating the transition to clean energy. It further disputes claims that Germany requires massive amounts of coal imports from Indonesia, suggesting such demand is overestimated based on current capacity and inventory levels.
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Document type: Research paper
Unleashing solar and wind in ASEAN
The report finds that while electricity demand in the 'ASEAN 5' (Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam) grew by 22% from 2015 to 2021, clean energy only met 39% of this increase. Solar and wind generation remains low at 4% of the region's electricity supply, lagging behind China and India. Current national plans project solar and wind will reach 11% of the total supply by 2030, which the authors argue is insufficient to meet the 1.5-degree pathway or keep pace with rising demand, potentially leading to further reliance on coal.
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Document type: Report
Achieving a Just Energy Transition in Indonesia
The document argues that Indonesia's heavy reliance on coal and oil and gas creates significant social and economic risks that necessitate a 'just transition' framework. It highlights a lack of institutionalized social dialogue and the continued use of fossil fuel subsidies and recovery funding for the fossil fuel sector. The author recommends institutionalizing tripartite social dialogue, diversifying the economy in fossil-fuel-dependent regions, and utilizing state-owned enterprises to drive a green recovery through conditionalities.
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Document type: Briefing
We Mean Business Coalition statement on the G7 Summit 2022
The We Mean Business Coalition argues that the 2022 G7 Summit missed a critical opportunity to provide the clear policy signals and concrete actions needed to accelerate the energy transition. While acknowledging the reaffirmation of power system decarbonization by 2035 and the welcome of the International Sustainability Standards Board, the Coalition warns that emergency responses to replace Russian gas must not lock nations into new fossil fuel infrastructure. The statement calls for specific measures, including 70% renewable power by 2030, increased energy efficiency, and the scaling of heat pump technology, to align with Paris Agreement objectives.
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Document type: Statement
G7: Go all in for clean energy to cut family bills, create jobs and drive economic growth
The We Mean Business Coalition urges G7 leaders to implement policies that scale up renewable energy and phase out fossil fuels. Citing a report by Cambridge Econometrics, the author asserts that such a transition could save G7 households an average of $500 per person annually by 2030 and create millions of global jobs. The statement warns that investing in new fossil fuel infrastructure creates stranded assets and jeopardizes the 1.5C warming limit, calling instead for faster permitting of renewables and workforce reskilling.
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Document type: Statement
New Generation
The report demonstrates that Europe can achieve a 94-96% clean power system by 2035 at no extra cost compared to stated policies, provided wind and solar deployment quadruples. This transition would enable wider electrification, potentially halving fossil fuel consumption by 2030 and saving between €530 billion and €1 trillion by 2035. Key requirements include expanding interconnection, deploying electrolysers for green hydrogen, and phasing out coal by 2030 and unabated baseload gas after 2025.
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Document type: Report
OBJECTIONS TO THE WATER USE LICENCE APPLICATION FOR THE PROPOSED MOKOLO CROCODILE RIVER (WEST) WATER AUGMENTATION PROJECT PHASE2A (MCWAP-2A)
The Centre for Environmental Rights (CER), on behalf of Earthlife Africa and groundWork, submitted formal objections on 14 June 2022 to the Integrated Water Use Licence Application (IWULA) for Phase 2A of the Mokolo Crocodile River (West) Water Augmentation Project (MCWAP-2A). The CER argues that the project is an unnecessary inter-basin transfer designed to support coal expansion, which contradicts South Africa's climate commitments and poses severe risks to aquatic ecosystems and local communities.
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Document type: Statement
Shocked into action
European governments are significantly increasing renewable energy targets and slashing planned fossil fuel electricity generation to reduce geopolitical dependence on Russian energy. Analysis shows that EU countries' planned 2030 renewable electricity share has risen from 55% to 63%, while planned fossil fuel generation has dropped by 31%. Major importers of Russian fuels, including Germany, Italy, and the Netherlands, are leading these efforts through ambitious wind and solar expansions. The report also highlights the REPowerEU framework's role in coordinating these efforts and the need for further decarbonization in the heating, industry, and transport sectors.
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Document type: Report
Measuring the impact of policy changes
The report outlines how Ember updated its 2020 NECP assessment by incorporating policy changes announced between 2020 and 2022, including coal phase-outs and clean power commitments. It details the transformation of capacity targets into generation figures, the assumption that renewables replace fossil fuels (with specific exceptions for nuclear in Hungary), and the treatment of overproduction in countries like Denmark and France. The analysis identifies 19 governments that updated their renewables expansion or fossil fuel phase-out ambitions beyond their original National Energy and Climate Plans.
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Document type: Report
ASEAN SUSTAINABLE FINANCE STATE OF THE MARKET 2021
The ASEAN sustainable debt market experienced rapid growth in 2021, with GSS debt issuance reaching USD 24 billion and sustainability-linked instruments reaching USD 27.5 billion. Singapore remains the regional leader, while the green theme continues to be the most popular. The report highlights the emergence of the ASEAN Taxonomy for Sustainable Finance and the growth of local currency issuances, particularly in Singapore and Thailand.
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Document type: Report
Despite Glasgow Climate Pact, 2030 climate target updates have stalled
The briefing reports that 2030 climate target updates have stalled since COP26, leaving the world on track for 2.4°C of warming based on current targets and 2.7°C based on current policies. Despite the Glasgow Climate Pact's request for governments to strengthen their Nationally Determined Contributions (NDCs) by the end of 2022, no major emitter has updated its target. The report highlights a significant emissions gap, noting that global emissions in 2030 would be twice as high as the 1.5°C limit allows without increased action. It suggests four pathways for governments to update targets: full NDC updates, expanding NDC coverage (specifically for China regarding non-CO2 gases), participating in new sectoral initiatives, or implementing policies to overachieve existing targets.
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Document type: Briefing
Global reaction to energy crisis risks zero carbon transition
The report argues that governments are reacting to the energy crisis by prioritizing short-term fossil fuel security over long-term decarbonization, risking a 'gold rush' for new gas infrastructure and domestic production. While some progress in renewables and green hydrogen is noted, the authors highlight a prevalence of 'bad practices' such as fossil fuel subsidies, tax cuts for petrol, and the expansion of LNG facilities. The document provides a framework of 'do's and don'ts', urging governments to instead focus on energy efficiency, electrification, behavioral changes, and the reinvestment of fossil fuel windfall profits into clean energy to avoid stranded assets and irreversible warming.
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Document type: Report
URGENT REQUEST FOR INFORMATION RELATING TO CLIMATE CHANGE BILL B9-2022
The Centre for Environmental Rights, representing the Life After Coal/Impilo Ngaphandle Kwamalahle Campaign, has requested urgent information from the South African government to inform public comments on the Climate Change Bill B9-2022. The request focuses on the proposed removal of Schedule 3 (the emissions trajectory), the status of the National Adaptation Strategy and Plan, the timelines for future regulations, and access to an updated socio-economic impact assessment.
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Document type: Statement
Ten Essentials for a Truly Green Green Equity Approach
The document critiques the IFC's Green Equity Approach (GEA), noting that while it commits to ending equity investments in financial institutions without a plan to phase out coal by 2030, it contains loopholes that allow continued fossil fuel support. It proposes ten specific reforms, including ending support for new oil and gas projects, scaling up renewable energy, and adopting a rights-based approach with full transparency.
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Document type: Statement
ENEL’s AGM: Will good intentions lead to climate action?
The briefing examines ENEL's climate commitments, noting that while the utility has announced a coal phase-out by 2027 and a gas exit by 2040, it continues to plan new gas projects and the potential revival of an LNG terminal in Sicily. It urges shareholders to use the upcoming Annual General Meeting to demand a more robust transition plan that avoids selling or converting coal assets and accelerates the gas exit in EU/OECD countries to 2035.
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Document type: Briefing
Questions écrites pour BNP PARIBAS
Reclaim Finance has submitted a series of critical questions to BNP Paribas ahead of its May 2022 General Meeting. The document argues that the bank's current sectoral policies are insufficient to meet a 1.5°C warming trajectory, citing continued support for major oil and gas developers like Shell, BP, and TotalEnergies. It specifically highlights the bank's indirect support for the EACOP project in Uganda and Tanzania, its failure to exclude parent companies of coal miners like Glencore and RWE, and its financial ties to companies linked to tropical deforestation. The organization calls for a total stop to new fossil fuel infrastructure financing and more stringent exclusion criteria for non-conventional hydrocarbons and coal.
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Document type: Statement
Questions écrites pour SOCIETE GENERALE
Reclaim Finance has issued a series of formal questions to Société Générale regarding the bank's alignment with a 1.5°C warming trajectory. The document argues that Société Générale continues to provide significant financial services to major oil and gas developers, including ExxonMobil, Chevron, TotalEnergies, and BP, and fails to effectively exclude non-conventional hydrocarbons and coal-producing parent companies from its portfolios.
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Document type: Statement
India’s Race to 175 GW
As of March 2022, India had installed 110 GW of renewable energy (RE) capacity, representing 63% of its 175 GW target for December 2022. Progress is highly uneven across states; while Telangana, Rajasthan, Karnataka, and Andaman and Nicobar have surpassed their targets, 27 states and union territories have achieved less than 50% of their goals. Five states—Maharashtra, Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, and Tamil Nadu—account for two-thirds of the national shortfall. Recent growth has been heavily concentrated in Rajasthan and Gujarat, which together provided 73% of new RE capacity between October 2021 and March 2022. To meet the 2030 target of 450 GW RE, India requires an average annual addition of 42.5 GW.
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Document type: Report
RWE’s AGM: coal phase-out cannot be put off any longer
Reclaim Finance criticizes RWE for maintaining a coal phase-out target of 2038, which it claims is eight years behind scientific recommendations. The organization highlights RWE's role as one of Europe's largest CO2 emitters, its reliance on fossil gas as a bridge fuel, and its efforts to obtain €2.6 billion in compensation from the German government. It specifically calls on major shareholders, including Crédit Agricole/Amundi, Société Générale, and BNP Paribas, to use the upcoming AGM to sanction the company's lack of a coherent transition strategy.
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Document type: Statement
Décryptage pré-AG & Réaction post-AG
Reclaim Finance criticizes ENGIE's transition plan, noting that its coal exit is largely achieved through selling assets rather than closing them, and that the company is increasingly dependent on fossil gas. The briefing warns that ENGIE's reliance on hypothetical future technologies like green hydrogen and its continued gas expansion in several countries are incompatible with a 1.5°C warming limit, calling for investor action at the company's General Meeting.
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Document type: Briefing