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Low Carbon Building Criteria – Frequently Asked Questions
The document explains the eligibility and certification process for Low Carbon Buildings Bonds, detailing the pathways to achieve net-zero by 2050 and the specific requirements for new and existing buildings. It outlines the use of trajectories and proxies to measure emissions intensity and highlights new 2023 requirements for new buildings, including the prohibition of fossil fuels and mandatory Whole Life Carbon Assessments.
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Document type: Guide
Landscape of Climate-Aligned Investment in Indonesia's Financial Sector
Indonesia requires approximately USD 285 billion in climate-aligned investment to meet its Enhanced NDC, but current funding is insufficient. The government budget covers 34% of this need, while the financial sector (public and private) contributes 15%. Between 2015 and 2021, public and private financial institutions provided roughly equal amounts of climate-aligned investment, totaling USD 41.7 billion. Private investment is notably low, with only 3% of total private investment being climate-aligned, and much of this concentrated in land use. In the power sector, 58% of the USD 35.6 billion invested went to renewables, with a significant drop in coal finance since 2016. Future investment trends are expected to be driven by government policy signals such as the Just Energy Transition Partnership (JETP) and the Energy Transition Mechanism (ETM).
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Document type: Report
Warming Projections Global Update
The December 2023 update finds that global warming projections have stalled, with current policies leading to 2.7°C of warming by 2100. Even the most optimistic scenario, including all announced targets, results in 1.8°C, exceeding the 1.5°C Paris Agreement goal. The report highlights a growing implementation gap and warns that reliance on carbon capture and storage (CCS), e-fuels, and carbon offsets are 'false solutions' that delay necessary deep emission cuts. It urges governments to submit 1.5°C-aligned 2035 targets by February 2025 and to commit to a complete phase-out of fossil fuels.
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Document type: Report
LESSONS FROM 2021 TO 2023 Inflation management calls for a sustainable energy transition in Europe
The briefing analyzes the relationship between gas dependency, electricity prices, and inflation in the EU from 2021 to 2023. It finds that gas-based marginal pricing drives electricity costs and energy inflation, while renewable energy and energy efficiency can lower and stabilize these prices. The authors contend that the ECB's current broad interest rate hikes hinder the capital-intensive investments needed for this transition, potentially undermining the bank's own price stability mandate. They recommend targeted monetary policy to support the energy transition.
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Document type: Briefing
Powering Healthcare
The report argues that while healthcare facilities in South Asia and Sub-Saharan Africa face severe energy deficits and climate vulnerabilities, there is a strong climate rationale for investing in low-carbon and resilient technologies. It identifies various climate finance sources—including bilateral finance, multilateral funds, private foundations, carbon/REC markets, and green bonds—and analyzes the barriers to accessing these funds, such as high transaction costs for small-scale projects and limited local technical capacity. The document proposes a programmatic approach to aggregate facilities to achieve economies of scale and recommends integrating energy, health, and climate expertise to mobilize the necessary capital.
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Document type: Report
Summary of Main Findings for Powering Healthcare
The report argues that while healthcare facilities in LMICs face significant energy deficits and climate vulnerabilities, climate finance can bridge the funding gap for low-carbon and resilient infrastructure. It identifies US$ 4.9 billion as the requirement to electrify two-thirds of healthcare facilities across 63 countries. The document outlines a diverse landscape of finance sources—including bilateral, multilateral, and carbon markets—and provides a roadmap for non-governmental partners to overcome barriers such as high upfront costs and limited local capacity.
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Document type: Executive summary
Six Outcomes Leading Businesses Want to See from COP28
The We Mean Business Coalition calls for COP28 to establish clear fossil fuel phase-out deadlines, sector-specific targets, and more ambitious Nationally Determined Contributions (NDCs). The coalition emphasizes the need for increased finance for nature-based solutions, support for small and medium-sized enterprises (SMEs), and global financial system reforms to ensure a just transition.
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Document type: Statement
Tripling renewables and doubling efficiency will accelerate a fossil phaseout
The briefing asserts that tripling renewables and doubling energy efficiency by 2030 will provide 85% of the required cuts in unabated fossil fuels for that period. By 2035, these two actions alone are projected to reduce total CO2 emissions by more than half. The document emphasizes that while nuclear energy and carbon capture and storage (CCS) play roles, their contributions are significantly smaller due to slow deployment and technology immaturity, making renewables and efficiency the most effective tools for a rapid fossil fuel phaseout.
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Document type: Briefing
COP28: Businesses urge governments to phase out fossil fuels
A coalition of companies representing over $1.6 trillion in annual revenue calls on governments to phase out unabated fossil fuels, decarbonize power systems by 2035 in advanced economies and 2040 elsewhere, and provide financial and capacity-building support to the Global South for a just transition.
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Document type: Statement
Beyond Abatement: Securing a Full Phase-Out of Fossil Fuels at COP28
The briefing asserts that current fossil fuel production is incompatible with temperature limits and calls for a full phase-out of fossil fuels at COP28. It argues that carbon capture and storage (CCS) cannot achieve the necessary declines by 2030 and urges delegates to reject qualifiers like "unabated" or a focus on "fossil fuel emissions" in the final agreement.
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Document type: Briefing
Keskkonnahoidlike kriteeriumide kasutamise võimalused haridusasutuste toitlustuse riigihangetes
The document outlines how to make school catering procurement more sustainable in Estonia, aligning with European Commission guidelines and the 'Farm to Fork' strategy. It provides specific technical descriptions and evaluation criteria across several key areas: organic food, low-climate-impact sourcing (short supply chains and seasonal produce), plant-based diets, waste reduction, eco-friendly cleaning supplies, energy and water efficiency, and food education. For each area, it suggests how to set minimum requirements in technical specifications and how to award additional points during the bid evaluation process to incentivize higher environmental standards.
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Document type: Guide
Fossil fuels are driving affordability crisis—smart climate policy is the answer
The statement asserts that carbon pricing is not the cause of affordability challenges, which are instead driven by global geopolitical factors and oil and gas profiteering. It calls for the Canadian government to maintain a consistent price on pollution, provide support for home electrification and energy efficiency for low-income families, and implement a windfall profit tax on the fossil fuel industry to finance climate solutions.
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Document type: Statement
Tracking national ambition towards a global tripling of renewables
The report finds that while current national targets collectively aim for a doubling of renewable capacity by 2030, they often underestimate the actual pace of deployment. A global tripling to 11,000 GW is considered achievable if governments update targets to reflect recent growth and maintain a 17% annual increase in additions. The analysis identifies specific countries with high potential to increase ambition, such as Australia, Japan, South Korea, and the UAE, while noting that others like India and Saudi Arabia already have targets that aim for a tripling of their 2022 capacity.
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Document type: Report
la BNB doit avoir un.e gouverneur.e soucieux·se de la crise climatique
A coalition of NGOs and activists is calling for the appointment of a climate-conscious Governor of the National Bank of Belgium (BNB) to replace Pierre Wunsch. The signatories argue that Wunsch has blocked ambitious climate measures within the European Central Bank (ECB), specifically opposing the introduction of climate criteria for asset purchases and failing to support lower interest rates for energy-efficient building renovations. They contend that the argument of ECB 'neutrality' is invalid given the bank's past interventions in financial crises and its own admission that 'neutral' asset purchases can exacerbate pollution and global warming.
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Document type: Statement
Geopolitical Energy Futures in South Africa: Strategic Policy Pathways to 2035
The document argues that South Africa must move away from 'used energy futures' and growth-centric economic models to achieve a just energy transition. It proposes four strategic priorities: fostering cross-border sustainable energy democracies, practicing active non-alignment in renewable energy diplomacy, challenging preconceived energy futures to ensure intergenerational fairness, and implementing anticipatory energy governance to overcome 'energy blindness' and carbon lock-in. The brief emphasizes the need for a multipolar approach to energy geopolitics in the post-COVID-19 era, advocating for regional integration within the SADC and the adoption of regenerative economic models.
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Document type: Policy brief
Background note on Africa’s Current Path Energy Future to 2043
The report forecasts a significant increase in Africa's energy demand due to population growth, projecting that it will overtake the EU27 by 2043. While Africa possesses vast oil, gas, and hydropower reserves, its current energy mix remains heavily reliant on fossil fuels, with 'other renewables' making up only 1.6% of production in 2023. The document highlights a trajectory where Africa will eventually become a major global source of carbon emissions from fossil fuels, overtaking the EU by 2034.
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Document type: Report
Background note on Africa’s Current Path Energy Future to 2043
The report projects that Africa's total energy demand will rise from 4.589 BBOE in 2023 to 10.26 BBOE by 2043, driven by population growth and development needs. It highlights significant current disparities in per capita energy use across African nations and compares these figures to the United States and India.
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Document type: Report
Background note on Africa’s Current Path Energy Future to 2043
The report analyzes global and African energy trends, forecasting a significant increase in energy demand driven by population growth. It details the slow decline of fossil fuels and predicts specific transition points where renewables and gas will overtake other energy sources in both global and African contexts.
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Document type: Report
A Blueprint to Decarbonize Affordable Housing
Allston Brighton Community Development Corporation (CDC) is implementing deep energy retrofits (DER) at three residential properties in Boston to reduce energy consumption by an average of 55 percent across 103 units. By conducting portfolio-wide Capital Needs Assessments and leveraging a diverse stack of local and federal funding—including an expected $8 million in support—the CDC aims to eliminate on-site fossil fuel combustion and improve tenant well-being. The project utilizes guidance from RMI’s REALIZE-MA initiative and LISC’s 1000 Apartment Challenge to navigate the complex predevelopment phase and align with Massachusetts' climate goals and Boston's Building Energy Reduction and Disclosure Ordinance (BERDO).
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Document type: Case study
Benchmarks for Success for COP28
The briefing identifies four critical areas for COP28 success: adopting a transformational response to the Global Stocktake, accelerating systems transformation in energy, food, and cities, responding to severe climate impacts through the Loss and Damage Fund and adaptation frameworks, and delivering scaled climate finance to vulnerable nations.
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Document type: Briefing