Search Climate Insights Directory

An open letter from Reclaim Finance and other signatories calling on the European Central Bank (ECB) to specify and strengthen the criteria for 'tilting' its corporate bond holdings toward better climate performance. The authors propose four key requirements: excluding coal and new fossil fuel projects, prioritising climate neutrality over market neutrality, requiring science-based emission targets aligned with the EU Climate Law, and making climate-related disclosures mandatory for eligibility.

The document outlines the potential for zero-emissions trucks (ZETs) to reduce India's oil imports, air pollution, and carbon emissions by 2050. It highlights that medium-duty ZETs already have a lower total cost of ownership than diesel trucks, with heavy-duty parity expected by 2027.

The Life after Coal Campaign (LAC) and Fair Finance Southern Africa (FFSA) call for greater transparency and civil society inclusion in South Africa's Just Energy Transition Partnership (JETP). They demand clarity on financial offers from the International Partners Group, the composition of JETP working groups, and the accessibility of the JETP Investment Plan. The coalitions argue that climate finance must prioritize 'justice elements'—including gender-responsive interventions and community-led projects—while strictly excluding funding for new coal, gas, or nuclear energy. They further emphasize the need for robust governance to track finance flows and ensure that the transition does not impose austerity on low-income users.

The document argues that current US electricity market designs—including energy-only, capacity, and hybrid models—fail to support the rapid deployment of variable renewable energy (VRE) because they lack a functional 'energy markets cascade' that connects long-term investment to real-time pricing. To resolve this, the author proposes Organized Long-Term Markets (OLTMs), which would standardize long-term energy delivery contracts, increase liquidity and transparency, and allow for the optimization of diversified resource portfolios. The paper details the design of OLTMs, including the roles of producers, consumers, and facilitators, and applies the concept to the specific challenges faced by ERCOT, CAISO, and ISO New England.

Cyprus currently relies heavily on fossil fuels and suffers from energy isolation and high electricity costs. The report proposes a 'green pivot' involving grid interconnectivity via projects like the EuroAsia Interconnector, the liberalisation of the electricity market through the 'Net Pool' model, and increased investment in solar power and energy storage. By comparing Cyprus to the successful Nordic model, the authors suggest that physical interconnectivity and market transparency could reduce CO2 emissions and lower annual electricity bills for the average consumer by approximately €200.

The proposal seeks USD 627,331 over 24 months to help Costa Rica mobilize private finance for its National Decarbonization Plan (NDP) and Nationally Determined Contribution (NDC). It focuses on creating a national sustainable finance taxonomy and implementing Task Force on Climate-related Financial Disclosures (TCFD) recommendations for the banking and insurance sectors. Key activities include establishing a Financial Advisory Group (FAG), developing a GCF Country Programme, and creating online reporting modules within the SINAMECC and SICVECA platforms. The project aims to address gaps in climate risk data and the lack of unified classification systems for green investments.

The author contends that high fossil-fuel prices are essential market drivers for energy efficiency and the shift to renewables. To prevent social instability and energy poverty, the document proposes that EU governments avoid capping fuel prices and instead provide direct, inflation-linked compensation for heating, cooling, and food costs. Long-term recommendations include removing fossil-fuel subsidies, implementing a common EU carbon tax, expanding mass public transport, and shifting toward mission-oriented budgeting and ecological tax reform.

The Inflation Reduction Act of 2022 is presented as a critical opportunity for the U.S. to strengthen energy security and economic growth through federal incentives for clean energy. The document argues that the bill supports business climate goals by providing tax credits for domestic manufacturing of wind turbines, solar panels, and batteries, as well as incentives for electric vehicles and heat pumps. It contends that the cost of climate inaction, evidenced by nearly $100 billion in U.S. climate-related disasters in one year, far outweighs the bill's corporate tax provisions.

In the first half of 2022, GSS+ bond issuance totaled $417.8 billion, a 27% year-on-year decrease attributed to inflation and the Russia-Ukraine conflict. Green bonds remained the dominant category, with China leading in issuance volume. The report highlights the growth of transition bonds, particularly in Japan and China, and discusses the evolving landscape of global sustainable finance taxonomies, including the EU's inclusion of gas and nuclear energy.

The report argues that the EU steel sector faces a critical investment window as 74% of blast furnace capacity requires renewal by 2030. It advocates for a combination of carbon pricing, circular economy measures, and innovative finance tools like Carbon Contracts for Difference (CCfDs) to scale low-carbon technologies such as green hydrogen and Direct Reduced Iron (DRI). The document emphasizes that while public funds are insufficient, the green bond market and transition finance instruments can mobilize the necessary private capital, provided there are science-based standards to prevent greenwashing.

The document analyzes the AfCFTA's potential to industrialize Africa and create a market of 1.3 billion consumers. It highlights a decline in Korea-Africa trade since 2011 and suggests that Korea leverage its strengths in capital goods, specifically the automotive and shipping sectors, to integrate into emerging African regional value chains. The authors recommend that Korea pursue formal economic partnership agreements with African regional economic communities, focusing on asymmetric trade liberalization and supporting Africa's green energy transition.

The document examines sustainability-linked bonds (SLBs) as a complement to green bonds, noting that their effectiveness in driving climate transitions depends on standardized performance indicators, science-based targets, and the mitigation of greenwashing risks. It calls for further research into the additionality of SLBs and their ability to incentivize carbon performance and system-level financial innovation.

The European Union's projected hydrogen demand is expected to rise from 8.3 Mtpy to over 60 Mtpy by 2050, with the World Energy Council estimating that 50% of this demand must be met through imports from regions such as the Middle East, North Africa, and the U.S. To ensure these imports are climate-beneficial, the Clean Air Task Force (CATF) advocates for a certification system that measures greenhouse gas (GHG) emissions across the entire value chain—including production, storage, transport, and conversion—rather than focusing solely on production facilities. The document highlights a regulatory gap, noting that the Gas Package's delegated act for GHG emissions methodology is not planned until 31 December 2024, which lags behind current market activities and Memoranda of Understanding. CATF recommends that the EU adopt a technology-inclusive approach covering renewable and low-carbon hydrogen (including blue hydrogen), incorporate stringent methane leakage criteria, and align its methodology with the Methane Regulation's monitoring, reporting, and verification requirements by 2027.

The document argues that Indonesia can accelerate its energy transition by reforming transport fuel and coal subsidies to raise funds for renewable energy, energy efficiency, and grid upgrades. It highlights a specific investment need of IDR 500 trillion to meet 2025 renewable energy goals and suggests that reforming subsidies could provide IDR 166 trillion toward this end.

The document examines the Taranaki region's transition to a low-carbon economy, highlighting the Taranaki Roadmap 2050 and the role of the Just Transitions Unit. It details efforts to diversify the regional economy, support workers through retraining and proposed insurance, and integrate Māori worldviews into success metrics. While praising the proactive and inclusive planning, the author notes that onshore oil and gas permits are still being granted and the long-term effectiveness of the diversification strategies remains to be seen.

The research by CSSN Scholars Fergus Green and Noel Healy asserts that socioeconomic inequalities actively fuel climate change by driving emissions-intensive production and consumption, enabling wealthy elites to obstruct policy, and weakening public support for collective action. The authors argue that integrating carbon-centric policies into a broader program of social, economic, and democratic reforms—such as those found in Green New Deal proposals—addresses these causal mechanisms and enables more effective political strategies for decarbonization.

The SAIIA Young Leaders Declaration 2022 outlines youth-led demands for climate justice and sustainable development, specifically targeting South Africa's energy transition and the Global South's vulnerabilities. It calls for the urgent implementation of the Just Transition Framework, the removal of the 100MW limit for renewable energy supply from Independent Power Producers, and the integration of youth and marginalized genders into policy writing. Beyond climate, the declaration advocates for the decolonization of African educational curricula, the protection of informal workers, and the eradication of the 'pink tax'. It concludes with pledges from both youth and educators to foster leadership and civic engagement to achieve a more equitable society.

The 2021 Hong Kong GSS+ market saw significant expansion, with USD 14bn in labelled debt from Hong Kong issuers and a quadruple increase in GSS+ debt arranged or issued in the city to USD 57bn. Growth was driven by the HKSAR Government's green bond programme and a diversifying issuer base, including real estate and financial corporates. The report highlights the emergence of transition finance and the adoption of the Common Ground Taxonomy to facilitate cross-border green finance between China and the EU.

The report analyzes 21 international taxonomies to provide a framework for a potential Canadian transition taxonomy, emphasizing the need for science-based thresholds to avoid greenwashing in a resource-dependent economy.

The report argues that Canada's oil and gas sector must dramatically reduce greenhouse gas emissions, specifically fugitive methane, to survive falling global demand. It proposes a short-term focus on decarbonizing production through a sector-specific emissions cap and a long-term pivot toward becoming 'carbon management' companies. These companies would leverage Canada's geological advantages to produce blue and green hydrogen, low-carbon chemical feedstocks, and carbon-negative products using carbon capture and storage (CCS) and direct air capture.