Search Climate Insights Directory

The document argues that while the WTO has historically neglected the environment, there is a current paradigm shift toward recognizing trade's role in addressing climate change and biodiversity loss. It assesses the outcomes of the Thirteenth Ministerial Conference (MC13), highlighting failures in fisheries subsidies and the absence of explicit climate commitments in the Ministerial Declaration, while noting progress in plurilateral initiatives like the Dialogue on Plastic Pollution. Experts propose reforming subsidy rules for fossil fuels and agriculture, leveraging 'Aid for Trade' for just transitions, and adopting the legal principle of 'Common Concern of Humankind' to guide trade law. The report emphasizes the need for regulatory alignment on circular economy principles and the ability of the WTO to coordinate trade-related climate measures, such as Carbon Border Adjustment Mechanisms, to avoid global trade fragmentation.

The document argues that decisive action on climate change, specifically regulating the oil and gas industry and its financial backers, is necessary to prevent the worsening of wildfires, heat domes, and floods in Canada. It highlights the disproportionate impact of these events on Indigenous peoples and criticizes the Canadian government for prioritizing fossil fuel infrastructure, such as the Trans Mountain pipeline expansion, over emissions reductions.

The briefing establishes that fossil fuels are responsible for approximately 70% of carbon dioxide emissions since the industrial revolution, with a small number of companies contributing a disproportionate share. It highlights the role of attribution science in linking specific extreme weather events to climate change and details the growing trend of using the 'polluter pays' principle in litigation and legislation to hold these companies financially accountable. The document further argues that to meet the 1.5C target, global fossil fuel production must decrease significantly by 2030, supported by a transition to renewable energy and electric vehicles.

The document examines how fossil fuel price volatility contributes to inflation in Canada, noting that energy prices accounted for 33% of overall inflation between February 2021 and June 2022. It argues that transitioning to net-zero electricity grids by 2050 could save Canada up to CAD 15 billion annually in total energy costs. The brief suggests that policies such as carbon pricing and incentives for heat pumps and electric vehicles can improve affordability by reducing reliance on volatile global oil and gas markets.

The briefing outlines key priorities for COP29, including climate finance, methane abatement, and technology partnerships, while warning that the cancellation of 2024 regional climate weeks necessitates increased climate action outside the formal UNFCCC process.

The report finds that many of the world's largest fossil fuel producers fail to address the transition of the fossil fuel sector in their climate plans. It argues that third-generation NDCs must include specific targets, pathways, and policies to wind down production in alignment with the COP 28 agreement to ensure a just and orderly transition.

The briefing argues that current oil and gas production trajectories are incompatible with the Paris Agreement, with projected production by 2050 potentially exceeding 1.5°C-aligned needs by 260% for oil and 210% for gas. It advocates for a coordinated global phase-out led by the G7 and G20, emphasizing that new extraction projects must cease immediately. The author highlights the necessity of climate finance, noting a gap between current annual climate finance (USD 1.3 trillion) and the required green transition investment for emerging and developing economies (USD 2.4 trillion). To ensure equity, the document suggests assessing transition capacity based on GDP per capita, government revenue shares from fossil fuels, and workforce employment in the sector, while calling for the phase-out of fossil fuel subsidies and the implementation of innovative funding, such as taxes on fossil fuel company revenues.

The report warns that Nigeria's 'decade of gas' strategy, involving a planned USD 18.5bn investment in LNG infrastructure, risks creating stranded assets as global demand is forecast to fall by 2030. While Nigeria is currently the world's sixth largest LNG exporter, the report argues that prioritizing LNG may hinder economic diversification, increase fossil fuel subsidies, and expose the economy to external price fluctuations and climate-driven demand declines in Europe.

The report highlights a significant disparity in Canadian public finance, with crown corporations providing between CAD 7.6 billion and CAD 13.5 billion annually to fossil fuels (2020-2022) versus CAD 147 million for domestic renewable energy. It argues that Canada must implement a comprehensive policy this year to end all public finance for fossil fuels—including loans, equity, and insurance—to align with climate commitments and its upcoming G7 presidency.

The document assesses the viability of Canada's planned LNG expansion, concluding that it is incompatible with 1.5°C global warming targets and economically precarious. It highlights that new facilities would increase domestic emissions and divert clean energy resources. Economically, the brief warns of a global supply glut by 2030, with Canadian projects struggling to compete against lower-cost producers in Qatar and the United States, thereby risking significant losses for taxpayers and investors.

The document argues that a just transition requires wealthy, high-emitting nations to phase out fossil fuels first and fastest while providing financial and technological support to less wealthy countries. It outlines a broad menu of policy tools across resource management, financial markets, fiscal and monetary policy, economic diversification, and global governance to manage the decline of fossil fuel production and consumption equitably.

The document assesses the viability of Canadian LNG expansion, concluding that it is incompatible with climate goals and economically precarious. It highlights that new facilities would increase domestic emissions and potentially strand assets due to a projected global supply glut and declining demand in advanced economies. The brief specifically notes that Canadian projects face higher production costs than competitors in Qatar and the United States, making them reliant on substantial public subsidies. It recommends a shift in investment toward green industries to avoid economic shocks and environmental damage.

The report evaluates Nigeria's strategy to expand LNG production to offset declining oil revenues, warning that such investments risk becoming stranded assets as global demand shifts toward clean energy after 2030. It highlights that while Nigeria is the world's sixth-largest LNG exporter, the sector has not significantly improved domestic energy access or reduced poverty, and continues to be linked to environmental degradation and social conflict in the Niger Delta.

The Climate Action Tracker (CAT) argues that current 2030 climate targets and policies are insufficient, projecting end-of-century warming of 2.5°C to 2.7°C. To maintain the 1.5°C goal, the document asserts that governments must enter 'emergency mode,' peaking global emissions before 2025 and halving them by 2030. It outlines four essential elements for 2035 NDCs: ambition based on sectoral benchmarks, scaled-up climate finance for developing nations, credibility through the elimination of fossil fuel subsidies and exploration, and transparency via absolute economy-wide targets that separate land-use sinks and carbon removals from domestic reductions.

The document explores the application of Just Energy Transition Partnerships (JET-P) in Colombia, analyzing international experiences from South Africa, Indonesia, Vietnam, and Senegal. It identifies a significant financing gap, noting that public investment currently represents only 0.01% of required resources. The brief proposes a country platform to attract international public and private capital, while emphasizing the need for grants over loans to avoid increasing public debt. It prioritizes strategic projects such as energy communities and the phase-out of coal plants, while arguing against financing fossil fuel infrastructure or inefficient subsidies.

The authors call for a coordinated effort by the WTO, OECD, IMF, and World Bank to create a robust analytical base to identify and eliminate 'bad subsidies'—those that distort trade and harm the environment—while promoting 'good subsidies' that address market failures. The text highlights the high costs of fossil fuel and agricultural subsidies and the carbon footprint of state support in the aluminium sector, advocating for a socially responsible, progressive transition to sustainable government support.

Carbon Market Watch calls for the Social Climate Fund to explicitly prohibit any investment in fossil fuel-based technologies, including 'low(er) carbon' alternatives like efficient gas boilers, to avoid locking low-income groups into long-term fossil fuel use and to prevent environmental degradation.

The document outlines the necessity of a Global Just Transition to phase out fossil fuels by 2050, emphasizing the disproportionate economic burden on developing nations. It proposes a framework for financing this transition through new multilateral funds, the redirection of USD 5.9 trillion in annual fossil fuel subsidies, and systemic reforms to debt, taxation, and international financial institutions.

The document argues that the current model of investment protection is often ineffective and suggests that future treaties should prioritize sustainable investment, the regulation of investor conduct, and international cooperation to support the energy transition and sustainable development goals.

The report argues that the traditional model of investment treaties, focused on protecting foreign investors through investor-state dispute settlement (ISDS), is often ineffective and can obstruct climate action. It proposes a new framework where treaties serve as complementary tools to national laws, focusing on encouraging sustainable investment, ensuring corporate accountability for social and environmental impacts, and fostering international cooperation on issues like fossil fuel phase-outs and technology transfer.