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A Game-Changer in Flux: Recent Developments and Risks in the Lobito Corridor
The Lobito Corridor is positioned as a transformative route for critical raw materials (CRMs) from the Copperbelt of the DRC and Zambia to the port of Lobito in Angola, aimed at supporting the global green energy transition. While it promises significant reductions in transport time and costs, and has attracted up to USD 6 billion in funding from the US, EU, and other institutions, the project faces substantial risks. These include geopolitical competition with China, which dominates regional mining and infrastructure, and concerns over 'modern plundering' where raw materials are exported without local value addition. Furthermore, the project faces sustainability challenges regarding human rights in cobalt mines, land tenure disputes, and the regulation of artisanal and small-scale mining. The re-election of Donald Trump is identified as a major risk factor that could lead to the freezing of US federal and USAID funding, potentially shifting the project's control toward Chinese interests.
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Document type: Research paper
Parameters for cooperation to foster green industrialisation: Reflections for a G20 Pledge on green industrialisation and development
The document examines the differing motivations for green industrialisation between African nations, which prioritise economic diversification and job creation, and high-income countries, which focus on decarbonisation and geopolitical competitiveness. It highlights the financial gap facing developing countries, noting that adaptation finance needs are projected to reach USD 215-387 billion annually until 2030. The author argues that while developed nations use industrial policies to secure critical raw materials and maintain a competitive edge, Africa seeks to transition from raw material exports to value addition. To bridge these gaps, the paper recommends that the G20 facilitate affordable green technology transfer, coordinate non-debt-creating climate finance, and support the establishment of mineral value chains close to their source in Africa.
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Document type: Research paper
CATF’s Recommendations for the PINC Update: A New Vision for EU Nuclear Leadership
The Clean Air Task Force (CATF) argues that the EU must update its Nuclear Illustrative Programme (PINC) to better support nuclear energy through technology-neutral state aid, streamlined regulatory frameworks for Small Modular Reactors (SMRs), and strengthened domestic fuel supply chains to reduce reliance on Russia.
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Document type: Report
Superhot Rock Methodology Report
The report establishes a methodology for mapping superhot rock (SHR) geothermal resources globally, defining SHR as heat from subsurface formations exceeding 374°C. Using the LithoRef18 global reference model and a 'hydrothermal proxy' to account for non-steady-state heat flow, the study estimates the un-risked global resource. For depths of 4-8 km ('today's resource'), the estimated potential is 3,272 GWe (13,895 GWth). For depths of 8-12.5 km ('tomorrow's resource'), the potential increases to 59,930 GWe (245,581 GWth). The analysis identifies 125 countries with SHR potential, with significant resources in the US, China, Indonesia, and others. The report also analyzes flow rate uncertainties using a database of 33 petrothermal projects, determining a P50 flow rate of 55 l/s for its calculations.
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Document type: Report
中国钢铁行业脱碳融资 转型金融试点和市场进展
The report examines the application of transition finance tools—including loans and bonds—to support the decarbonisation of China's steel sector, highlighting the role of regional guidelines in Hebei Province. It identifies a significant funding gap, estimating a need for $18 billion in capital expenditure over the next five years for electric arc furnace (EAF) and hydrogen-based direct reduced iron (H2-DRI) technologies. While large state-owned enterprises are leading the transition, the report notes that high costs of green steel and limited scrap steel supply remain major barriers.
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Document type: Report
DELIVERING AFFORDABILITY
Battery electric heavy-duty vehicles (HDVs) are projected to become the most cost-effective freight transport option in most U.S. states by 2030. While current U.S. purchase prices are anomalously high compared to global trends, falling battery costs and operational savings are driving a clear TCO advantage over diesel and hydrogen fuel cell trucks. The report emphasizes that state-level policy leadership—including price transparency, resale value support, and infrastructure credits like California's LCFS—is critical to unlocking these economic benefits.
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Document type: Report
Pedal to the Metal
The report finds that while electric arc furnace (EAF) capacity is growing, the global steel industry is not on track for 2030 net-zero goals due to continued investment in coal-based blast furnaces, particularly in India and China. India has emerged as the largest developer of steel capacity, though most of its plans remain in the announcement stage and are heavily carbon-intensive. The report also highlights the strategic importance of iron ore producers like Australia and Brazil in enabling the transition to direct reduced iron (DRI) production.
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Document type: Report
National Comprehensive Green Transition Assessment Report for Ukraine
The report evaluates Ukraine's green transition readiness, identifying 'Significant Progress' in climate change and energy, 'Some Progress' in clean industry, buildings, transport, agriculture, biodiversity, and finance, and 'Little Progress' in zero-pollution, just transition, digitalization, and research and innovation. It emphasizes the need for high-level coordination, a national sustainable finance taxonomy, and the integration of 'build back better' principles into post-war reconstruction to achieve climate neutrality by 2050.
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Document type: Report
The Amazon in the New PAC: Recommendations to Promote Sustainable Infrastructure
The report analyzes the New PAC's infrastructure plans for the Amazon, finding a disconnect between project distribution and actual regional needs. It highlights contradictions between the program's green growth discourse and its inclusion of high-impact projects like the Ferrogrão railroad and BR-319 highway, as well as investments in natural gas power plants. The authors argue that the New PAC lacks transparency and fails to align with the Action Plan for the Prevention and Control of Deforestation in the Legal Amazon (PPCDAM). Recommendations include creating a comprehensive regional development plan, prioritizing infrastructure in the 'Deforested Amazon', and shifting energy investments toward solar and wind power.
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Document type: Report
Jour de la Terre : nouveau chapitre pour la réflexion sur les changements climatiques au Canada
The Canadian Climate Institute outlines three priorities for Canada's climate strategy: improving affordability through clean energy technologies, enhancing economic competitiveness via industrial carbon pricing to align with global partners, and increasing protection against escalating climate-driven financial losses from natural disasters.
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Document type: Statement
Electric Vehicle Charge Up
The U.S. public EV charging network grew more than six-fold between 2016 and 2025, reaching nearly 196,000 ports. While California leads in total numbers and northeastern states lead in density, significant coverage gaps remain in the southern, central, and plains regions. To support a projected 33 million EVs by 2030, the U.S. may need 1 million additional public chargers, including 170,000 DC fast chargers.
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Document type: Policy brief
ArcelorMittal’s AGM: Shareholders must vote against strategic routine resolutions
Reclaim Finance is calling on ArcelorMittal shareholders to escalate engagement at the 2025 AGM by voting against management-proposed resolutions. The organization argues that the company is backtracking on climate goals, delaying direct reduced iron (DRI) projects, and allocating insufficient capital to decarbonization, with only US$0.3-0.4 billion of planned 2025 capital expenditures dedicated to such projects.
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Document type: Statement
ArcelorMittal : les actionnaires doivent voter contre les résolutions de routine
Reclaim Finance calls on ArcelorMittal shareholders to vote against routine resolutions at the May 6 general meeting, arguing that the company maintains a high dependency on coal and lacks a credible transition to cleaner production technologies.
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Document type: Statement
LONG-TERM ENERGY PLANNING
The PELP 2023-2027 establishes three development scenarios—Slow Recovery, Carbon Neutrality, and Accelerated Transition—to project Chile's energy needs and supply through 2060. The plan emphasizes the expansion of wind and solar photovoltaic generation, the integration of energy storage, and the phased retirement of coal-fired power plants. A key innovation is the introduction of Electric Generation Development Poles (PDGE) in the provinces of Antofagasta and Tocopilla to optimize transmission and promote renewable energy. The report also analyzes the role of green hydrogen in decarbonizing industry and transport, and assesses the resilience of the National Electric System (NES) against climate-induced hydrological and wind variability.
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Document type: Report
ENGIES 2025 Climate Plan: Status Quo on Gas
Reclaim Finance criticizes ENGIE's 2025 climate plan for its lack of a fossil gas phase-out date and continued investment in gas infrastructure. While the company increased its 2030 renewable energy target to 95 GW, the analysis finds that ENGIE's decarbonization target of 2045 is incompatible with IEA Net Zero scenarios. The report highlights that CAPEX for fossil fuel technologies remains nearly unchanged and recommends that shareholders vote against the 'Say on Climate' presentation and the reelection of CEO Catherine MacGregor.
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Document type: Research paper
The Transition Finance Nexus
The document proposes a "transition finance nexus" framework to illustrate how transition pathways, planning, assessment, and finance interact in the banking sector. It argues that these elements are interdependent and that improving any single part strengthens the entire system, creating a circular process for scaling transition finance. The framework is based on consultations with 15 organizations, including banks and NGOs.
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Document type: Guide
Consult, Communicate, Collaborate
The guide advocates for a holistic community engagement strategy to secure a 'social license' to operate, reducing the risk of permitting delays and project cancellations for energy and infrastructure deployments.
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Document type: Guide
Una idea para tus historias: La aviación comercial
The document outlines the difficulties of decarbonizing commercial aviation, noting that it contributes nearly 4% of historical global warming when non-CO2 effects are included. It highlights the limitations of sustainable aviation fuels (SAF) and electric aircraft, the disproportionate impact of frequent flyers, and the prevalence of greenwashing in the industry.
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Document type: Guide
Plan climat 2025 : Engie statu quo sur le gaz
The analysis finds that Engie's 2025 climate plan lacks a phase-out date for fossil gas and continues gas expansion through new plants and LNG contracts. While renewable targets increased to 95 GW by 2030, the company remains on a 'well below 2°C' trajectory rather than 1.5°C, with a decarbonization goal of 2045 that contradicts IEA Net Zero scenarios. CAPEX for fossil technologies remains nearly stable, and the company's reliance on hydrogen and biomethane is viewed as a risk for perpetuating fossil systems.
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Document type: Report
Commercial Aviation
The document outlines the difficulty of decarbonizing commercial aviation, noting that while it contributes around 4% of all-time global warming, it lacks the immediate clean technological fixes available to other sectors. It highlights the limitations of sustainable aviation fuels (SAF), the outsized impact of frequent fliers, and the role of non-CO2 emissions like contrails. The guide encourages reporters to scrutinize industry greenwashing, report on how climate change increases flight turbulence and heat-related disruptions, and consider demand reduction as a necessary strategy to meet 1.5 degrees Celsius targets.
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Document type: Guide