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The author contends that the EU's current climate finance is insufficient compared to its historical responsibility for emissions and its domestic spending. While the EU aims for carbon neutrality, the text argues this creates a 'green fortress' that neglects the needs of vulnerable nations. It suggests reallocating fossil fuel subsidies and implementing taxes on polluters to fund global climate action and warns that the Carbon Border Adjustment Mechanism (CBAM) could economically penalize African exporters.

Reclaim Finance challenges the credibility of Crédit Agricole's December 2023 energy transition commitments, citing a lack of precise definitions for terms like "low-carbon energies" and "clean technologies." The organization argues that the bank's targets—including tripling annual renewable energy funding in France by 2030 to reach 3 billion euros—are insufficient compared to the International Energy Agency's (IEA) Net Zero Emission by 2050 scenario, which requires a 6:1 ratio of sustainable to fossil fuel energy financing by 2030.

Reclaim Finance challenges the credibility of Crédit Agricole's December 2023 climate objectives, citing a lack of precise definitions for terms like "low-carbon energies" and "clean technologies." The organization argues that the bank's targets—including a goal to reach 3 billion euros in annual renewable energy funding in France by 2030—are insufficient to meet the 1.5°C warming limit and fail to align with the IEA's recommended 6:1 ratio of sustainable electricity investment versus fossil fuel financing.

Reclaim Finance asserts that the 'transitioning away from fossil fuels' agreement at COP28 must be backed by concrete action from rich countries. It calls for the EU, US, Canada, Norway, the UK, and Australia to end domestic oil and gas production, stop their financial institutions from enabling global fossil fuel expansion, and provide concessional finance for just coal retirements and renewable energy deployment in the Global South.

The document calls on the EU, the US, and Canada to move beyond negotiation terms from COP28 by rapidly phasing out domestic fossil fuel production and use, ending financial institution support for fossil fuel expansion, and providing concessional financing to developing nations to triple renewable energy deployment and double energy efficiency.

An analysis of 2020 Residential Energy Consumption Survey data reveals that extremely low-income US households—those earning less than 30% of the state median income—face a disproportionately high average energy burden of 14%, exceeding the 10% threshold for energy poverty. The report highlights that the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act could save American families approximately $38 billion on electricity bills through technology upgrades and rebates. It identifies successful state-level interventions, such as California's percentage of income payment plans (PIPPs) and Colorado's low-income community solar programs, as models for alleviating energy poverty. The analysis further notes that extremely low-income households in southern states experience the highest energy burdens, often correlating with higher income inequality and diversity indices. The document concludes that states can simultaneously pursue decarbonization and energy affordability, citing Colorado and Washington as examples of states integrating specific energy affordability policies into their climate targets.

Reclaim Finance argues that Crédit Agricole's new climate commitments are insufficient because they do not explicitly ban the financing of new oil and gas infrastructure, such as LNG terminals. While the bank increased its target for reducing financed emissions from oil and gas loans to 75% by 2030, the organization notes that this does not guarantee an end to support for companies developing new fossil projects. The statement highlights specific examples of continued involvement, including the Port Arthur LNG terminal in the US and advisory services for the Papua LNG project, and criticizes the exclusion of only independent extraction companies while sparing integrated oil majors.

The document critiques the COP28 final declaration for lacking a commitment to a 'fossil fuel phaseout' and for being lenient on coal and gas. It argues that developed countries, particularly France and the UK, must stop their financial institutions from enabling fossil fuel expansion and instead provide concessional finance and de-risking mechanisms to help developing countries transition to renewables and energy efficiency.

The World Resources Institute describes the COP28 agreement to transition away from fossil fuels as a historic outcome but warns that the transition requires a massive scale-up in climate finance for developing countries. While praising the activation of the Loss and Damage Fund and the Global Goal on Adaptation framework, the statement criticizes the deal's failure to limit the role of carbon capture technology and the lack of quantified targets for adaptation.

The report analyzes EU energy data from 2021 to 2023 to demonstrate how reliance on gas as a marginal electricity generator increases price volatility and energy inflation. It highlights that gas set electricity prices 55% of the time in 2022 and notes that energy inflation (HICP energy) typically rises between 20% and 45% when electricity prices exceed 150€/MWh. The author criticizes the EU's expansion of LNG infrastructure as a source of further volatility and calls on the European Central Bank to support renewable energy and energy efficiency to maintain long-term price stability.

The NewClimate Institute finds that most COP28 sectoral initiatives are insufficient to close the emissions gap, with approximately half of estimated savings unlikely to be achieved without further action. While the Renewable Energy and Energy Efficiency Pledge shows potential to close a third of the gap to 1.5ºC by 2030, the Oil and Gas Decarbonisation Accelerator is characterised as greenwashing because it focuses only on upstream emissions rather than a full fossil fuel phase-out.

The document argues that limiting global temperature rise to 1.5°C requires an immediate stop to burning fossil fuels, urging governments to halve global fossil fuel use by 2035 and stop new fossil fuel project investments. It highlights the role of cities and businesses in this transition, noting that solar and wind are already cheaper than new fossil gas electricity in most C40 city locations. Examples of city-level action include fossil gas bans in new buildings in several US cities and renewable energy targets in Los Angeles, Mexico City, and Seoul. Additionally, over 200 companies with nearly US$1.5 trillion in revenue are calling for clear phase-out timelines, 100% decarbonised power, and the reform of fossil fuel subsidies.

The Buildings Criteria provide a framework for certifying Use-of-Proceeds instruments, assets, entities, and Sustainability-Linked Debt based on their emissions performance. Eligibility is determined through two primary pathways: an Absolute Performance Threshold (using city-specific trajectories or approved proxies) and a Relative Performance Improvement pathway (requiring 30-50% emissions reductions for retrofits). New buildings constructed after 2023 face stricter requirements, including a total ban on fossil fuels for heating, hot water, and cooking, and mandatory infrastructure for electric mobility. Starting January 1, 2026, new buildings must also report on Whole Life Carbon Assessments (WLCA), with specific emissions thresholds for steel and cement. The criteria also define certification levels for entities and sustainability-linked debt, categorizing them as either 'Aligned' or 'Transition' based on their adherence to low-carbon trajectories.

The briefing outlines how state energy offices can maximize the impact of the Inflation Reduction Act by enabling the 'stacking' of federal, state, and utility incentives for whole-home retrofits. It identifies key barriers to this process—such as a lack of public guidance, inconsistent program requirements, and excessive application processes—and suggests solutions like standardized eligibility and consolidated applications. Additionally, it encourages states to use flexible funding sources to cover gaps not fully addressed by the IRA, specifically health and safety repairs, cold climate heat pumps, and electrical upgrades.

The Climate Action Tracker finds that warming projections have not improved since 2021, with current government 2030 targets leading to 2.5°C of warming. The briefing argues that 'abated' fossil fuel strategies and techno-fixes like CCS are insufficient, calling instead for a full fossil fuel phase-out and specific 'must haves' for 2035 NDCs, including tripling renewables and cutting fossil fuel production by 40% by 2030.

The report analyzes the state of fossil fuel subsidies in Latin America and the Caribbean, highlighting their regressive nature and economic inefficiency. It provides a framework for a just transition, recommending transparent measurement, participatory planning, and the use of saved funds for social protection and renewable energy.

The author contends that current EU climate policies, such as the European Green Deal, are too reliant on market mechanisms and regulation, which can be regressive and disproportionately affect low-income households. By shifting to a 'needs-based approach' through universal basic services—such as public transport, childcare, and sustainable housing—governments can reduce carbon intensity and alleviate poverty. The text argues that this transition requires rejecting restrictive fiscal rules, taxing excessive wealth and luxury consumption, and increasing public investment to ensure a socially just and ecologically sustainable transition.

Climate Strategies argues that just transitions must be multi-sectoral, inclusive of adaptation, and based on a managed phase-out of all fossil fuels to be effective. The organization calls for a broad-scope work programme that coordinates across UNFCCC streams, prioritizes human rights and SDGs, and increases research and financial support for developing countries and LDCs.

The Green Climate Fund (GCF) is expanding its support for the intersection of climate change and human health, launching a USD 1.5 million Project Preparation Facility (PPF) grant to develop a USD 122 million global programme. The GCF highlights a significant funding gap, noting that only 2% of adaptation funding is currently allocated to health projects, despite 91% of countries prioritising health in their Nationally Determined Contributions as of 2023. The GCF has already approved USD 457 million across 13 projects with health co-benefits and recently approved its first purely health sector project, a USD 25 million grant for Lao PDR.

The document outlines ten principles for coal retirement mechanisms (CRMs), emphasizing the immediate cessation of coal expansion, the replacement of lost power with sustainable renewables, and the use of concessional financing in developing countries. It argues that CRMs must avoid emissions leakage, carbon offsets, and retrofitting delays while ensuring transparency and the remediation of social and environmental harms.