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MAKING ‘24/7 CARBON-FREE ENERGY’ A REALITY
The 24/7 Carbon-Free Energy (24/7 CFE) Compact, launched in September 2021 at the United Nations High-Level Dialogue on Energy, aims to eliminate reliance on fossil fuels by moving beyond annual renewable energy matching to hourly, real-time matching of demand and carbon-free supply. Coordinated by SEforALL with support from Google, the Compact has grown to over 120 signatories, including governments, private companies, and academic institutions. The initiative supports a technology-inclusive approach, prioritizing storage, demand-side management, and the development of Granular Certificates to drive investment. Current and future efforts include a global study on policy and regulatory reforms to empower consumers and a working group exploring the role of green hydrogen in achieving 24/7 CFE.
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Document type: Case study
Short- and long-term impacts of the energy crisis in Sweden
The briefing finds that low to middle income groups in Sweden were most affected by the 2022 energy price crisis, with an average welfare impact of -3.8%. It highlights that sparsely populated areas suffered greater impacts than densely populated ones. The analysis suggests that direct compensation targeting income deciles 1 to 5, specifically deciles 3 to 5, would be more effective than fuel tax reductions, which primarily benefited high-income groups and risked undermining long-term climate goals.
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Document type: Briefing
Clean Energy 101: Geothermal Heat Pumps
Geothermal heat pumps (GHPs) use the constant temperature of the earth to provide efficient heating and cooling with zero direct emissions. While installation costs are higher than fossil fuel alternatives, the Inflation Reduction Act provides tax credits and rebates that can reduce these costs by up to 50%. In the U.S. Midwest, GHPs can reduce emissions by 85-90% compared to gas or propane furnaces and use approximately 80% less energy annually. The document highlights 'networked geothermal' systems for campuses and neighborhoods as a way to achieve over 500% efficiency and lower individual costs through economies of scale.
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Document type: Fact sheet
Canada commits to historic investments in clean electricity and fresh water in Budget 2023, but leaves loopholes for fossil fuels
The International Institute for Sustainable Development (IISD) views Canada's 2023 federal budget as a significant step toward a net-zero economy, noting billions for clean energy and CAD 800 million for freshwater protection. However, the IISD warns that the budget maintains loopholes for fossil fuels, specifically through carbon capture and storage (CCS) funding and the inclusion of abated natural gas in clean electricity tax credits, which may undermine commitments to end inefficient fossil fuel subsidies.
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Document type: Statement
Decarbonising the Indian Steel Industry: Roadmap towards a Green Steel Economy
The document outlines a strategy for India to transition to a green steel economy, identifying five primary technical levers—green hydrogen, renewable electricity, CCUS, scrap usage, and energy efficiency—and six policy objectives to drive the transition through standards, procurement, R&D, and sustainable finance.
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Document type: Report
How Renewable Energy Can Revolutionize India’s Real Estate Sector
The document outlines how real estate developers, building owners, and tenants in India can transition to renewable energy to reduce Scope 2 and Scope 3 greenhouse gas emissions. It highlights various procurement mechanisms, including net metering, green tariffs, open access, and virtual power purchase agreements (VPPAs). Using Lodha as an example, it discusses the challenges and opportunities for different user types, such as the limited rooftop space for residential tenants and the potential for commercial tenants to use open access or green tariffs. The text also emphasizes the importance of combining renewable energy with energy-efficient building design to achieve net-zero goals.
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Document type: Guide
Staying within 1.5°C means phasing out all fossil fuels
The We Mean Business Coalition asserts that current climate plans are insufficient to meet Paris Agreement goals and that staying within the 1.5°C limit requires a total phase-out of fossil fuels. The statement urges G7 governments to lead by redirecting subsidies, pricing carbon, and accelerating the uptake of clean energy technologies. It calls on businesses to develop science-aligned transition plans and invest in decarbonized solutions to ensure a secure and equitable global energy transition.
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Document type: Statement
Taller Regional en Clima, Ambiente y Salud
The document is a directory of participants for the 'Taller Regional en Clima, Ambiente y Salud' (Regional Workshop on Climate, Environment, and Health) held in March 2023 in Neuquén, Argentina. It lists the institutional hosts and organizers, including the Pan American Health Organization (PAHO), the Inter-American Institute for Global Change Research (IAI), and the Global Consortium on Climate and Health Education (GCCHE). The text provides detailed professional profiles of the organizers, members of transdisciplinary teams from various American countries, and a list of speakers and experts specializing in climate science, public health, epidemiology, and environmental governance.
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Document type: Fact sheet
To Help Care for the Earth, an Indiana Seminary Turned to Geothermal Energy and Efficiency
The Anabaptist Mennonite Biblical Seminary in Indiana has significantly reduced its carbon footprint and energy costs through a series of sustainable upgrades. Central to these efforts was the 2007 completion of a 31,500 square foot library, which became the first LEED-certified theological library in North America by utilizing a ground-source geothermal heat pump system and other high-performance design elements. Between 2013 and 2022, the seminary decreased its annual energy consumption by approximately two-thirds by implementing recommendations from an ASHRAE Level 2 energy audit, replacing outdated 1950s boilers with fuel-efficient models, and installing two solar arrays (50-kW and 80-kW) that have offset over 320 tons of carbon emissions.
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Document type: Case study
Harnessing public finance potential to create renewable energy economies
The report argues that the World Bank Group must shift from project-by-project 'greening' to a systemic transformation of its portfolio to support 1.5°C alignment. It proposes a strict taxonomy that excludes fossil gas and 'false solutions' like CCUS and nuclear power, while emphasizing a rights-based approach to ensure the energy transition does not burden marginalized communities or increase debt in low-income countries.
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Document type: Report
Companies and Climate Change
The report evaluates corporate climate alignment using the CCIF, finding that while mitigation efforts (such as GHG reporting and renewable energy procurement) are common, there is a critical lack of detailed climate adaptation planning. Analysis of 483 debt issuers reveals that no company performed well across all three CCIF objectives, and only 14% have an adaptation and resilience plan. Sector-level data shows utilities as the highest performers in reporting and transition, while healthcare and automotive sectors suffer from significant data gaps. Case studies of companies in China, India, South Korea, and Singapore highlight the use of internal carbon pricing and science-based targets, but emphasize the need for better Scope 3 emissions tracking and quantitative physical risk assessments.
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Document type: Report
GREEN BOND PRICING IN THE PRIMARY MARKET
The report finds that green bonds in EUR and USD generally outperformed vanilla equivalents in H2 2022, exhibiting higher book cover and greater spread compression. While the incidence of an outright 'greenium' (pricing inside the yield curve) decreased due to macroeconomic volatility, green bonds still achieved relatively tighter pricing than matched vanilla pairs. Approximately 67% of these bonds were allocated to green or responsible investors. The report also notes a trend of auto manufacturers increasing their use of green labels and a net growth of 11.2% in green bond ETF assets.
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Document type: Report
Climate Change in the American Mind: Politics & Policy
The report finds broad support among registered U.S. voters for clean energy research, tax rebates for energy efficiency, and conservation policies, though views on offshore drilling and the Inflation Reduction Act of 2022 vary by political affiliation. While many voters believe corporations and government should do more to address global warming, few have engaged in significant political action in the past year, and only 11% believe the U.S. government is responding well to the issue.
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Document type: Report
Climate Change in the American Mind: Climate Justice
The report finds that while only 34% of Americans have heard of 'climate justice', 53% support its goals after reading a description. There is significant political polarization regarding the term, but broad support among registered voters for specific policies, such as creating green spaces in low-income communities (81%) and training programs for renewable energy jobs (75%).
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Document type: Report
Climate Change in the American Mind: Politics & Policy
A survey of 861 registered U.S. voters in Spring 2023 reveals broad support for clean energy research, tax rebates for energy efficiency, and local climate-friendly infrastructure. While 71% support the Inflation Reduction Act of 2022 after reading a description, only 11% believe the U.S. government is responding well to global warming. There is a significant gap between the willingness of voters to take political action and their actual engagement over the past year.
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Document type: Report
Climate Change in the American Mind
The report finds that while only 34% of Americans are familiar with the term 'climate justice,' a majority (53%) support its goals after receiving a description. There is significant political polarization regarding the causes of climate vulnerability, though a large majority of registered voters support specific climate justice policies, such as increasing green spaces and energy efficiency in low-income communities. Approximately 44% of registered voters are more likely to vote for candidates who support climate justice.
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Document type: Report
Compendio de directrices técnicas del Proceso de Aprobación Simplificado (SAP)
The compendium outlines the technical requirements and eligible activities for the Green Climate Fund's Simplified Approval Process (SAP), which is designed to reduce the time and effort for preparing, reviewing, and approving small-scale projects (up to USD 25 million) with minimal environmental and social risks. It provides sectoral guidelines for agriculture, ecosystems, water security, cities, energy efficiency, land use, REDD+, renewable energy, and transport, detailing how to achieve a 'paradigm shift' and measure impact using the GCF's Integrated Results Management Framework (IRMF).
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Document type: Guide
Recueil de directives techniques relatives au processus d’approbation simplifié (SAP)
The Green Climate Fund (GCF) has published a technical compendium to streamline the preparation of funding proposals under the Simplified Approval Process (SAP). The SAP is designed to reduce the time and effort required for the preparation, review, and approval of small-scale activities, specifically targeting developing countries, Least Developed Countries (LDCs), and Small Island Developing States (SIDS). To be eligible for SAP, projects must request a GCF contribution of no more than 25 million USD and present minimal or no environmental and social risks. The guide provides detailed sectoral frameworks for agriculture, ecosystems, water security, cities, energy efficiency, forestry, REDD+, renewable energy, and transport, outlining eligible activities, indicators for measuring impact, and examples of 'paradigm shifts' required for GCF investment.
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Document type: Guide
New plans to hook the Western Balkans on gas will make the region's energy transition even harder
The document analyzes plans for €3.5 billion in new gas-fired power plants, pipelines, and LNG terminals in the Western Balkans. It argues that these projects, promoted by EU and U.S. institutions, would create a dependency on volatile gas markets and risk creating stranded assets, contradicting the region's carbon-neutral goals and the EU's 2050 targets.
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Document type: Briefing
Submission to the Presidential Climate Commission on South Africa’s Just Energy Transition - Investment Plan
The Institute for Economic Justice (IEJ) and Climate Finance for Equitable Transitions (CLiFT) argue that the JET-IP's strategy of 'de-risking' private finance is insufficient to mobilise the required R1.5 trillion and exposes South Africa to significant fiscal, legal, and social risks. The authors contend that the plan fails to meet National Determined Contributions (NDCs) due to an over-reliance on private renewable energy and a lack of investment in public transport and energy efficiency. They recommend shifting to a 'rights-based' governance framework and an 'allocative credit policy' that prioritises public investment, local manufacturing, and comprehensive social protections for workers and communities.
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Document type: Report