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Understanding the Energy Supply Financing Ratio (ESFR) and Decyphering Banks’ Publications
The Energy Supply Financing Ratio (ESFR) compares a bank's financing of fossil fuels against its financing of sustainable alternatives, with a target ratio of 6:1 by 2030 based on IEA scenarios. Reclaim Finance warns that varying methodologies allow banks to present misleading ratios, often by excluding capital market activities or including fossil-fuel-related technologies like CCUS in 'low-carbon' scopes. While some North American and French banks have begun publishing these ratios, significant gaps in transparency and scope persist.
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Document type: Briefing
Comprendre le ratio de financement à l’énergie (ESFR) et décrypter les publications des banques
The Energy Supply Financing Ratio (ESFR) compares a bank's financing of fossil fuels against its financing of sustainable energy alternatives. Based on the International Energy Agency's (IEA) Net Zero Emissions by 2050 scenario, a ratio of 6:1 is required by 2030 to meet climate goals. However, Reclaim Finance finds that the 65 largest global banks averaged a ratio of only 0.42:1 between 2021 and 2024. The document warns that banks often use misleading methodologies—such as excluding capital markets activities or including fossil-fuel-linked technologies like CCUS in 'low-carbon' categories—to greenwash their climate strategies.
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Document type: Briefing
Accélérer sa décarbonation grâce à ses partenaires financiers
The document argues that financial choices are often overlooked in corporate decarbonization strategies despite the direct impact of bank deposits, asset managers, and insurers on the real economy. It encourages organizations to shift their funds toward financial institutions with robust climate commitments and identifies specific French institutions that limit their support for fossil fuel expansion.
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Document type: Guide
FUELING EXTINCTION
The report argues that the European Central Bank (ECB) fails to account for the biodiversity risks associated with the fossil fuel industry in its monetary and supervisory operations. Despite recognizing nature-related risks, the ECB maintains assets from high-risk fossil fuel companies in its corporate portfolios and allows them as collateral. Furthermore, the report finds that EU banks under ECB supervision provided US$161 billion to companies with fossil fuel projects in critical biodiversity areas between 2021 and 2025. The authors recommend that the ECB adopt a 'double materiality' approach, exclude biodiversity-harming fossil fuel companies from its portfolios and collateral framework, and require banks to implement roadmaps to cease financing such activities.
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Document type: Report
Attacks on Science Tracker
The Union of Concerned Scientists (UCS) developed an evolved methodology to track 'attacks on science'—defined as political interference in federal science—starting in January 2025. The system combines automated R scripts for RSS feed collection and keyword filtering with human content analysis to categorize attacks by type, topic, and stage of completion. The methodology aims to systematically capture a comprehensive breadth of attacks in perpetuity, including those that are only threatened, to document their chilling effects on the federal scientific enterprise.
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Document type: Research paper
Climate change is driving unprecedented European ocean temperatures with severe impacts for marine life
The report finds that record-breaking sea surface temperatures in July 2026 across European coasts were driven by human-induced climate change, with some regions experiencing warming that substantially exceeds global averages. These extreme temperatures have triggered marine heatwaves, species range shifts, and increased risks to human health and coastal infrastructure. The analysis indicates that such events would have been virtually impossible in a pre-industrial climate and will continue to intensify as global warming progresses.
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Document type: Research paper
El fuego se apaga, el daño a la salud no
The document outlines the severe health risks associated with wildfire smoke, particularly fine particulate matter (PM2.5), which is linked to respiratory crises, cardiovascular events, and premature deaths. It highlights that these impacts are exacerbated by social inequalities and affect vulnerable groups such as children, the elderly, and pregnant women. Beyond immediate smoke, the guide warns of long-term mental health issues and toxic contamination of soil and water by lead and asbestos. It encourages journalists to connect these events to fossil fuel use and to utilize specific air quality monitoring tools and expert sources.
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Document type: Guide
Wildfires: UK Protect People, Wildlife
The document highlights the escalating risk of wildfires in the UK due to climate change, noting the 'total devastation' of 150 hectares in Suffolk and the strain on emergency services. It reports public demand for government investment in renewable energy and climate resilience, while calling for a clear policy direction from the Prime Minister regarding North Sea drilling and nature restoration.
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Document type: Statement
SFDR : après les errements du Conseil, les parlementaires doivent corriger le tir
Reclaim Finance criticizes the EU Council's June 2026 position on the SFDR, which would allow fossil fuel developers to access "transition" funds based on a 20% capex alignment with the EU taxonomy and scope 1 and 2 decarbonization targets. The author contends this approach, influenced by oil and gas lobbying—specifically TotalEnergies and the French government—ignores scope 3 emissions and risks legitimizing greenwashing. The document calls on the European Parliament to exclude companies developing new oil and gas projects from such funds during its September 2026 deliberations.
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Document type: Statement
Summer of Extreme Lies
The report analyzes the recurrence of climate disinformation during extreme weather events in 2026, specifically focusing on wildfires in Canada, the US, and the UK, and heatwaves in the EU, Spain, and Portugal. It highlights the role of 'participatory disinformation' and the failure of social media platforms to act on advance warnings from organizations like CAAD and EDMO.
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Document type: Report
¿Cómo puede la transición ecológica y justa derrotar al imperio fósil?
The author analyzes the shift from a period of 'climate cultural hegemony' following the 2015 Paris Agreement to a current phase of 'ecological backlash' driven by fossil capital and reactionary politics. To counter this, the text proposes a strategic shift where the energy transition is viewed not only as an ethical necessity but as a matter of national and continental sovereignty. Key recommendations include accelerating large-scale renewable projects, relocalizing the extraction of critical raw materials within Europe to reduce dependence on third countries like China, and diversifying strategic alliances through multilateralism.
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Document type: Research paper
Climate change makes wildfires worse
Climate change is increasing the severity, size, and duration of wildfires in Canada, leading to record-breaking seasons in 2023 and 2025. These events cause significant public health crises through smoke inhalation, substantial economic losses in infrastructure and the forestry sector, and disproportionate impacts on Indigenous communities. The document argues for a dual approach of protecting communities through fire resilience and accelerating the transition from fossil fuels to limit further warming.
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Document type: Fact sheet
Fiche de renseignements : changements climatiques et feux de forêt
The document details the increasing intensity and scale of Canadian wildfires driven by climate change, highlighting record-breaking seasons in 2023 and 2025. It analyzes the severe health consequences of wildfire smoke, the economic burden of disaster recovery and insurance, and the disproportionate impact on Indigenous populations. The text argues for a dual approach of defensive adaptation and offensive mitigation through the phase-out of fossil fuels.
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Document type: Fact sheet
Fossil fuels are heating America's 250th birthday
The report analyzes a severe heatwave in July 2026 characterized by record-shattering Wet Bulb Globe Temperature (WBGT) values across the eastern US and Canada. Attribution analysis indicates that while the atmospheric circulation pattern (a 'heat dome') is characteristic of the region, the intensity of the event was substantially increased by a background climate that has warmed by 1.4°C due to fossil fuel combustion. The study emphasizes that humid heat extremes are an emerging risk, as WBGT is increasing more rapidly than absolute maximum or minimum temperatures. It also highlights the disproportionate vulnerability of low-income residents, outdoor workers, and those in historically redlined urban districts, while noting the critical role of heat action plans and cooling centers in mitigating mortality.
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Document type: Research paper
ACTION TOOLKIT Advocating for Science During the August 2026 Congressional Recess
The Union of Concerned Scientists (UCS) guide outlines four policy priorities for the August 2026 congressional recess: supporting the Scientific Integrity Act, funding climate-disaster agencies (NOAA and FEMA), opposing legal immunity for fossil fuel companies via the Stop Climate Shakedowns Act of 2026, and addressing the energy affordability crisis. It provides tactical instructions for delivering petitions, using social media, and questioning representatives at town halls to counter perceived attacks on science by the Trump administration.
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Document type: Guide
Let the Sun In: Clean Energy is the Cheapest Way to Meet Rising Demand
A national analysis comparing two futures for U.S. electricity demand growth through 2030 finds that a clean energy approach is significantly cheaper than a fossil fuel-heavy one. Relying on fossil fuels would add $29.7 billion annually to customer bills by 2030, whereas a clean energy scenario would reduce overall costs by $5.1 billion annually compared to the high fossil scenario. Furthermore, clean energy provides a hedge against price shocks; in a scenario similar to the 2022 price spike, clean energy would yield total savings of $13.5 billion per year compared to fossil fuel reliance.
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Document type: Report
Jack Egan
Jack Egan, a resident of the NSW South Coast, lost his home in Rosedale during the Currowan fire on December 31, 2019, as part of the Black Summer bushfires. This experience, which he describes as the future of global warming crashing into the present, led him to become a climate advocate. Egan has joined the Hard Truths human rights case to hold governments and fossil fuel corporations accountable for climate inaction and the expansion of coal and gas projects, seeking legal protections for current and future generations based on international law.
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Document type: Case study
Zimbabwe
The report analyzes Zimbabwe's development path to 2043, comparing a 'Current Path' (business-as-usual) with various sectoral and combined scenarios. It identifies manufacturing as the most critical driver for GDP growth and poverty reduction. While the Current Path suggests slow progress toward Sustainable Development Goals, the 'Combined scenario'—integrating reforms in governance, infrastructure, health, and trade—could significantly increase GDP per capita, reduce extreme poverty to 3%, and transition the energy system toward renewables, drastically cutting carbon emissions.
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Document type: Report
UGANDA DEVELOPMENT FUTURES: GEOGRAPHIC FUTURES
The report concludes that Uganda is unlikely to reach middle-income status by 2040 on its current path, but could significantly improve GDP per capita and reduce extreme poverty through targeted interventions. Key recommendations focus on STEM education, rural infrastructure, climate-resilient agriculture, and a transition to renewable energies to support sustainable growth and the Vision 2040 goals.
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Document type: Report
Ghana
The report analyzes Ghana's socio-economic landscape, projecting its development to 2043. It highlights a strong growth potential driven by natural resources but warns of persistent poverty, high public debt, and corruption. The analysis compares a 'Current Path' with several targeted scenarios—including Governance, Manufacturing, and AfCFTA—demonstrating that integrated policy interventions in education, health, and industrialization could significantly increase GDP per capita and reduce extreme poverty. It also addresses critical challenges such as the 'galamsey' illegal mining crisis affecting water and forests, and the need for a transition toward renewable energy to mitigate rising carbon emissions.
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Document type: Report