Search Climate Insights Directory

The document highlights a commitment by the Caisse Centrale de Réassurance (CCR) in June 2026 to cease new investments in companies developing new oil and gas projects. It argues that this is a necessary preventive measure to avoid financing the drivers of global warming, which in turn increases the climate risks these entities underwrite. Reclaim Finance calls on other European public-private schemes—specifically Flood Re (UK), Consorcio de Compensacion de Seguros (CCS, Spain), and SACE (Italy)—to adopt similar investment policies and use their leverage with asset managers and insurance clients to combat fossil fuel expansion.

The document outlines the technical structure and legal permissions for the Climate TRACE Inventory (v5.11.0). It defines the metadata for emissions source, country-level, confidence, and ownership files, while specifying that most data is available under the Creative Commons Attribution 4.0 International Public License. It also provides a comprehensive list of recommended citations for various sectors and identifies third-party data sources used for specific emissions estimates.

The F-List 2026 identifies 1,321 contracts between 802 agencies and 386 fossil fuel clients across 73 countries. The report argues that creative agencies facilitate a 'creative cover-up' by positioning fossil fuels as essential for energy security and economic stability, while often ignoring the 'advertised emissions' generated by these campaigns in their own sustainability reporting. Key findings highlight that Omnicom holds the highest number of fossil fuel contracts ever recorded (118), while Edelman is identified as having the highest financial dependency on fossil fuel income among holding companies at an estimated 5.64% of revenue. The report also notes a trend of using natural gas as a 'driver of progress' in recent campaigns in Japan and Colombia.

Research by the Union of Concerned Scientists and University of California, Merced, indicates that emissions from the 'Carbon Majors'—the 122 largest industrial carbon producers—are responsible for approximately half of the climate-driven reductions in snowpack and streamflow, and increases in irrigation demand across the western United States. The analysis highlights specific 'hot spots' in California and the Pacific Northwest, noting that these emissions contributed to a 15% reduction in April snowpack and a 6.1% decrease in warm season streamflow. In California's Central Valley, 10% of observed groundwater loss is attributed to these companies. The document argues that the fossil fuel industry should be held financially accountable for these damages, as local governments and vulnerable communities currently bear the economic costs of adaptation and infrastructure failure.

A study by the Union of Concerned Scientists and UC Merced finds that human-caused climate change has significantly reduced snowpack and streamflow while increasing irrigation demand in the western US. Approximately half of these impacts are attributed to the emissions of 'Carbon Majors'—the 122 largest industrial CO2 emitters. The report highlights severe consequences in agricultural regions like California's Central Valley, where Carbon Majors' emissions are linked to 10% of groundwater loss, and argues for the financial accountability of these companies for climate-driven water damages.

The report finds that Equinor's historical and planned production significantly exceed science-based carbon budgets. Since 1972, Equinor's assets have caused 8.66 GtCO2 in emissions, with the majority originating from Norway. The analysis argues that Equinor's current global portfolio and future expansion plans are incompatible with a 1.5°C pathway, overshooting the IEA NZE benchmark by 0.93 GtCO2 between 2024 and 2050. It further critiques Equinor's 'Bridges' scenario for relying on outdated carbon budget data and unproven carbon removal technologies.

The report evaluates three carbon price scenarios for Canada from 2030 to 2040: a flat price (CAD 130/t CO2e), a low price (rising to CAD 230/t CO2e), and a high price (rising to CAD 380/t CO2e). It concludes that a high-price trajectory is the most effective for driving investment in clean projects and achieving significant emissions reductions with minimal economic impact. However, the report emphasizes that carbon pricing alone is insufficient to reach net-zero emissions by 2050 and must be supported by robust complementary policies and differentiated tightening of performance standards, particularly in sectors like oil and gas production.

The document is a formal statement by a coalition of state attorneys general and local officials opposing federal legislation that would shield fossil fuel companies from state-level lawsuits regarding climate deception and consumer protection violations.

The report analyzes three carbon price scenarios for Canada's industrial sector: a flat price (CAD 130/t), a low price (rising to CAD 230/t), and a high price (rising to CAD 380/t by 2040). It finds that a high-price trajectory significantly reduces greenhouse gas emissions and stimulates clean investment with minimal impact on GDP growth. The authors recommend adopting a strong national price trajectory, differentiating performance standard tightening rates based on sectoral competitiveness risks—specifically tightening faster for oil and gas—and implementing complementary policies such as a green industrial strategy and the removal of fossil fuel subsidies.

The International Institute for Sustainable Development asserts that a new MOU between Canada and Alberta undermines the country's climate commitments by lowering the industrial carbon price floor to CAD 110 by 2040, promoting new bitumen pipelines, expanding LNG facilities, and increasing natural gas power generation.

Eleven civil society organizations, including Reclaim Finance, have called on Agirc-Arrco, ERAFP, and the Fonds de réserve pour les retraites to cease supporting fossil fuel expansion. The signatories argue that continued investments, particularly through bonds and external managers like BlackRock, exacerbate climate change and expose portfolios to financial risks. They specifically highlight TotalEnergies' recent climate setbacks, including the abandonment of its 2050 carbon neutrality goal in March 2026, as evidence that shareholder dialogue is insufficient. The letter demands an immediate end to new investments in oil and gas projects, systematic voting against directors of expanding fossil fuel companies, and the implementation of science-based climate criteria for selecting external asset managers.

The report finds that TotalEnergies' investment strategy heavily favors fossil fuels, with 4.8 dollars invested in oil and gas for every dollar spent on integrated power in 2025. The company's 2030 production targets are projected to be at least 59% higher than levels required for NZE alignment. While diversifying into renewables, the report notes this is largely through acquisitions and remains marginal, with oil and gas expected to represent 83% of the energy mix by 2030. Additionally, the company is expanding its LNG capacity and gas power production, while relying on CCUS and offsets to meet emissions targets it has recently modified, including a statement in 2026 that it could no longer commit to a 'net zero' objective.

The document argues for a coordinated EU-level windfall profit mechanism to address extraordinary profits in the fossil fuel sector caused by geopolitical tensions. It proposes strengthening the previous Council Regulation (EU) 2022/1854 to increase the share of captured profits and expand the scope to include international companies operating in the EU market.

An analysis of Texas oil and gas data reveals that methane waste is significantly underreported, with estimates suggesting actual losses are 3 to 4.5 times higher than official figures. The study finds that venting is the primary source of underreporting, particularly in low-production oil wells where economic incentives discourage gas capture. The report argues that current self-reporting systems are insufficient and recommends disaggregated reporting and more stringent regulations to reduce environmental harm and recover lost tax revenues.

Methane is a potent greenhouse gas that contributes approximately 0.5°C to global temperature increases. Human-made sources—including the fossil fuel industry, landfills, livestock, and agriculture—account for about 55% of methane pollution, while natural sources like wetlands and permafrost account for 45%. Mitigation strategies focus on stopping leaks in the oil and gas supply chain, improving landfill waste management, and altering livestock diets. International efforts include the Global Methane Pledge, aiming for a 30% reduction from 2020 levels by 2030, and EU regulations banning venting and flaring. RMI supports these goals through data tools like the Oil Climate Index plus Gas (OCI+), WasteMAP, and the MiQ certification standard.

The document is an open letter signed by over 200 entities calling for COP30 in Belém to move beyond the mere recognition of climate disinformation toward mandatory, verifiable actions. It argues that coordinated disinformation campaigns, primarily funded by the fossil fuel industry and amplified by Big Tech, sabotage international cooperation and the goals of the Paris Agreement. The signatories demand that COP30 codify information integrity as a prerequisite for effective climate action and call for legislative and regulatory measures to end greenwashing and the monetization of disinformation.

The report examines various formulas for calculating methane intensity, evaluating trade-offs between simplicity, accuracy, and applicability. It specifically addresses the needs of the EU Methane Regulation, which requires a methodology for producer-level intensity by August 2027 to set maximum intensity thresholds for oil and gas placed on the Union market by 2030. The analysis covers key decisions such as using single versus separate formulas for oil and gas, the choice between produced and marketed product denominators, and the appropriate level of granularity for reporting.

RMI explains that emissions from oil and gas are not uniform and vary based on resource type, asset age, and location. Using its Oil Climate Index plus gas (OCI+) tool, RMI highlights that methane emissions intensities in the United States can vary more than 10-fold. The document emphasizes the disproportionate impact of 'marginal wells'—which make up 75% of producing wells in the US but contribute less than 5% of production—and advocates for life-cycle emissions analysis to guide strategic interventions.

The report details the disproportionate risks faced by women environmental and human rights defenders (WEHRDs) in Africa, including gender-based violence, criminalization, and digital surveillance. It highlights a significant gap between the actual violence experienced and official data, which often underreports attacks against women. Through country spotlights on Kenya, Uganda, Tanzania, South Africa, the Democratic Republic of Congo, and Nigeria, the document illustrates how patriarchal norms and corporate-state collusion exacerbate the vulnerability of WEHRDs. It concludes with recommendations for African states and international donors to implement gender-responsive protection frameworks, end the criminalization of activism, and provide flexible, long-term funding for women-led grassroots initiatives.

The report examines the sociological impact of fossil fuel company sponsorship in Norwegian coastal towns, using Harstad as a case study. It argues that by providing 'gifts' such as the Arctic Race of Norway or celebrations for the Johan Castberg oil field, companies like Equinor establish a cycle of reciprocity that frames climate critics as ungrateful or disloyal, thereby fostering a culture of self-censorship and maintaining public support for continued oil exploration.