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Investor Perspectives on Accelerating Growth in the Indian EV Ecosystem
The report examines the Indian EV ecosystem, noting success in incentivizing two- and three-wheel vehicle demand while highlighting the need to scale four-wheel vehicles and buses. It identifies significant growth potential in domestic battery manufacturing to reduce reliance on China, though it warns that insufficient charging infrastructure, consumer financing gaps, supply chain vulnerabilities, and labor skill gaps remain critical obstacles to scaling growth.
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Document type: Report
Landscape of Green Finance in India
Tracked green finance in India averaged INR 309 thousand crores (~USD 44 billion) per annum in FY 2019-20, which is less than 25% of the annual amount required to meet the country's Nationally Determined Contributions (NDCs). While flows increased by 150% from FY2017/18 to FY2019/20, the report highlights a critical shortfall in adaptation funding and a heavy reliance on public sector finance for clean transportation. The study recommends the development of a green taxonomy, improved data disclosure, and the scaling of capital markets to mobilize the trillions of dollars needed for India's 2030 and 2070 Net-Zero goals.
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Document type: Report
Landscape of Green Finance in India
The report details a comprehensive methodology for mapping green finance in India, focusing on mitigation activities across clean energy, energy efficiency, and clean transportation. It defines a taxonomy for green finance, identifies diverse data sources—including government budgets, OECD reports, and PSU financial statements—and establishes accounting principles to prevent double counting. The methodology employs specific proxy calculations for sectors like electric vehicles and rooftop solar, while utilizing a standard 70:30 debt-to-equity gearing ratio where specific project data is unavailable.
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Document type: Report
Investor Perspectives on Accelerating Growth in the Indian EV Ecosystem
The report examines India's transition to electric mobility, highlighting the success of demand-side incentives like FAME II for two- and three-wheelers. It identifies critical investment gaps in charging infrastructure and battery manufacturing, while discussing the potential of battery swapping and the risks posed by global supply chain dependencies on China and other mineral-rich nations. The analysis emphasizes the need for binding targets, improved consumer financing, and workforce retraining to ensure a competitive and just transition.
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Document type: Report
Korea and Africa: Partnerships on Climate and Energy
The document explores the evolving relationship between Korea and Africa, focusing on how Korea's carbon-neutrality goals and technological expertise can support Africa's climate resilience. It identifies key areas for partnership, including renewable energy, green minerals for batteries, smart city development, and climate-resilient agriculture, while emphasizing the need for these initiatives to be African-led and aligned with the AU's strategic framework.
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Document type: Research paper
ESCENARIO RUTA A CERO NETO 2050
The report outlines a 'Route to Net Zero' for Colombia by 2050, arguing that current national energy plans are insufficient for carbon neutrality. It proposes a strategy centered on high electrification (targeting 60% of final energy consumption by 2050), a massive expansion of non-conventional renewable energy (FNCER), and a gradual phase-out of fossil fuels. The analysis emphasizes that decarbonization must be paired with a 'just transition' framework to protect communities and workers dependent on the mining and hydrocarbon sectors, particularly in regions like La Guajira and Cesar.
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Document type: Report
New England State Climate Action Assessment Using the UCS Resilience Gap Framework
The report evaluates the climate action plans and policies of Maine, Vermont, Massachusetts, Rhode Island, Connecticut, and New Hampshire using the UCS Resilience Gap Framework. It identifies a regional trend where mitigation and adaptation efforts remain siloed and equity goals are often articulated in policy but poorly implemented. Maine and Vermont are highlighted as regional leaders in alignment with the framework, while New Hampshire is noted for having an outdated plan and a lack of state leadership. The assessment reveals a widespread failure across all six states to account for maladaptation in their planning.
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Document type: Report
Gender Action Plan E-Mobility and Low Carbon Transportation SubProgram 2 – Panamá, Paraguay, Uruguay
The Gender Action Plan for the E-Motion Sub-Program 2 in Panamá, Paraguay, and Uruguay establishes a framework to integrate gender equality into the deployment of electric vehicles (EVs). The plan focuses on three primary outputs: conducting country-level gender assessments to inform EV roadmaps, facilitating regional knowledge exchange on gender in transportation, and integrating gender-responsive components into financed sub-projects. Key objectives include improving women's access to green jobs, addressing sexual harassment in public transport, and accounting for 'mobility of care' in infrastructure design. The program allocates a total budget of 621,000 USD for these activities, including the employment of a four-specialist gender implementation team.
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Document type: Report
Why we need climate action now
The document asserts that the US Supreme Court's decision in West Virginia v. EPA limits the EPA's authority to mandate shifts in fuel sources for power generation, thereby hindering the US goal to halve emissions by 2030 and reach net zero by 2050. It warns that this ruling damages US global credibility and may threaten other regulations like CAFE rules and SEC climate risk disclosures. The author calls for Congress to expand tax credits for clean energy and electric vehicles, and for the business community and subnational governments to accelerate emission reductions to avoid catastrophic warming exceeding 1.5 degrees Celsius.
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Document type: Statement
Cradle to grave: The health harms of fossil fuel dependence and the case for a just phase-out
The document details how fossil fuel extraction, production, and combustion cause severe health harms, including respiratory diseases, cancers, and cardiovascular issues, while contributing to the global climate crisis. It highlights the economic burden of these health impacts, the role of fossil fuel subsidies in perpetuating harm, and proposes sector-specific solutions and a Fossil Fuel Non-Proliferation Treaty to ensure a just transition.
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Document type: Briefing
Boom and Bust: The fiscal implications of fossil fuel phase-out in six large emerging economies
The report analyzes the fiscal vulnerability of the BRIICS countries to the global energy transition. Using IEA scenarios, it projects significant declines in fossil fuel revenues by 2050, particularly under 1.5°C and 2°C pathways. To mitigate these risks, the authors propose a 'GSS bond support fund' to leverage near-term windfall revenues for decarbonization and suggest a broad suite of environmental fiscal reforms, including subsidy removal and the introduction of carbon pricing and road user charges.
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Document type: Report
Reaching climate neutrality in Estonia
The report finds that while Estonia's total greenhouse gas emissions fell from 18,687.4 kt CO2e in 2018 to 11,555.8 kt CO2e in 2020, significant gaps remain across all sectors to reach 2050 neutrality. The energy sector shows a positive trend in renewables, but wind capacity investment is lagging. The buildings sector lacks incentives for non-residential renovations, which are identified as highly cost-efficient. The LULUCF sector transitioned from a carbon sink to an emitting sector in 2020. Transport emissions are decreasing, but a modal shift toward public transport and cycling has not been achieved. Agriculture emissions continue to rise slowly, and the sector faces limited reduction potential without impacting food production. The report highlights the contradiction of government support for a new shale oil refinery, which is viewed as a step away from climate neutrality.
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Document type: Report
Driving Cleaner Electric Cars and Pickups Beat Gasoline on Lifetime Global Warming Emissions
An executive summary by the Union of Concerned Scientists finding that the average new battery electric vehicle in the US produces over 50% less lifetime global warming pollution than comparable internal combustion engine vehicles. While EV manufacturing is more carbon-intensive due to battery production, the operational emissions savings quickly offset this 'debt,' with a mean breakeven point of 21,300 miles for cars. The report advocates for cleaner electricity grids, battery recycling, and increased EV accessibility to accelerate climate benefits.
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Document type: Executive summary
HARNESSING THE POWER OF DEMAND: DESIGN PRINCIPLES FOR DEMAND SIGNAL INITIATIVES
The guide defines demand signal initiatives as campaigns and alliances that commit companies and public bodies to purchasing net-zero products and services, thereby incentivizing supply-side investment. It outlines a five-step process for setting up these initiatives, identifies key target audiences across the value chain, and provides a case study on the steel industry and a list of existing global initiatives such as SteelZero and the First Movers Coalition.
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Document type: Guide
Decarbonizing India’s Road Freight: Toward A Cleaner, Greener, and Electric Future for Commercial Vehicles
The document outlines a set of strategic recommendations for decarbonizing India's road freight sector based on consultations with over 20 industry experts. Key priorities include the implementation of production-linked subsidies, the development of viable financing structures for smaller lenders, and the creation of specific use cases to demonstrate the viability of electric freight vehicles in Indian conditions. The paper argues that India is well-positioned to lead commercial vehicle electrification due to its evolving domestic ecosystem and significant freight corridors, provided there is sufficient policy and regulatory support.
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Document type: Research paper
Indonesia’s Energy Support Measures: An inventory of incentives impacting the energy transition
The report finds that Indonesian government support for fossil fuels significantly outweighs support for renewable energy, with 94% of annual allocations averaging coal, oil, gas, and fossil fuel-based electricity, compared to just 1% for renewables. Between 2016 and 2020, total energy support measures rose by 38% to IDR 279 trillion, while specific support for renewable energy decreased from IDR 3 trillion to IDR 2 trillion. The analysis indicates that 77% of identified measures benefit energy producers, and that fossil fuel subsidies create a lock-in effect that hinders the competitiveness of renewable energy and drains public finances.
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Document type: Report
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
Political Economy of Net Zero: Brazil
The briefing outlines the political and structural challenges Brazil faces in achieving net-zero emissions, focusing on land use, agriculture, transport, carbon markets, waste management, and industry. It argues that climate policies must be aligned with national development and income generation to overcome weak governance and industry opposition. The report highlights specific opportunities for international funding, such as supporting biomethane, nature-based solutions in carbon markets, and technology transfer for industrial decarbonization and waste sorting.
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Document type: Briefing
Indonesia’s Energy Support Measures
The report identifies 78 support measures for Indonesia's energy sector between FY 2016 and FY 2020, finding that 94.1% of the estimated value (IDR 1,153 trillion) supported fossil fuels, while renewable energy received less than 1%. The analysis highlights a significant imbalance in funding, with the majority of support benefiting producers over consumers and heavily favoring oil, gas, coal, and fossil-fuel-based electricity, thereby potentially hindering Indonesia's net-zero 2060 goal.
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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