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Financiando uma Bioeconomia Global Sustentável
The document analyzes the global bioeconomy, estimating its current value at US$ 4-5 trillion with potential growth to US$ 30 trillion by 2050. It proposes a tripartite spectrum—Nature-Intensive, Advanced, and High-Tech bioeconomies—to better apply distinct financing and policy strategies. The report identifies significant funding gaps, particularly for first-of-a-kind (FOAK) projects and in the Global South, and advocates for an 'integrated approach' combining national strategies, international cooperation (via the G20), and innovative financial tools like biodiversity credits and blended finance to ensure a just transition.
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Document type: Report
The State of Cities Climate Finance 2024
Tracked urban climate finance reached USD 831 billion in 2021/2022, more than doubling since 2017/2018. However, this remains severely insufficient compared to estimated annual mitigation needs of USD 4.3 trillion by 2030. Finance is heavily concentrated in developed economies and China, with critical gaps in sub-Saharan Africa and South Asia. While mitigation flows are dominated by transport and buildings, adaptation finance is significantly lower at USD 10 billion, primarily focused on water and wastewater. The report advocates for a '4C Urban Climate Finance Agenda'—Commitment, Collaboration, Capacity, and Capital Mobilization—to bridge the investment gap.
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Document type: Report
INSTRUMENT ANALYSIS
The Clean Utilities for Affordable Housing instrument aims to raise USD 54 million (ZAR 976 million) to provide renewable energy as a service to affordable housing residents in South Africa. By partnering with major landlords to aggregate demand and using a catalytic subordinated funding vehicle to derisk investments, the model attracts commercial senior debt to fund solar installations. The first phase targets 28,000 housing units over five years, aiming to generate 1,352 GWh of renewable energy and avoid 1,369 ktCO2e. The instrument is designed to be financially sustainable, with a projected Fund internal rate of return (IRR) of 20-30% in the base case, and intends to expand into township retail and the Kenyan market.
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Document type: Report
Guiding Principles for a Truly Just Social Climate Fund
The policy brief outlines three core principles for the implementation of the EU's Social Climate Fund (SCF): ensuring meaningful public participation, prioritising structural solutions over temporary relief to avoid fossil fuel lock-ins, and mobilising additional financing beyond the mandatory 25% contribution. It argues that the SCF's budget of EUR 65 billion is insufficient to tackle the root causes of energy and transport poverty and calls for the redirection of ETS revenues and the elimination of fossil fuel subsidies to support vulnerable households.
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Document type: Policy brief
Shipping Forecasts: September 2024
Carbon Market Watch (CMW) evaluated four market-based measure (MBM) proposals for the IMO's GHG strategy. The 'Pacifics' proposal (Belize et al.) was ranked highest (82/100) due to its high levy of $150/tCO2e and strong support for climate-vulnerable nations. The EU/Japan proposal scored 62/100, while the Bahamas et al. and Canada proposals both received a 'C' grade (49/100 and 46/100 respectively) for lacking specificity in funding and contribution levels. A proposal by Angola et al. was excluded from the scoring as it was deemed a technical fuel standard rather than a market-based economic measure.
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Document type: Policy brief
Previsiones del transporte marítimo Septiembre 2024
Carbon Market Watch (CMW) assessed several market-based proposals for international shipping decarbonization, scoring them based on alignment with the 1.5°C Paris Agreement goal, emission reductions, and equity. The analysis highlights that while the IMO's 2023 strategy aims for net-zero emissions by 2050, current measures are insufficient. CMW identifies the proposal by Canada as the strongest (Score A+), citing its high carbon levy of 150 $/tCO2e, while criticizing the Bahamas et al. proposal (Score C) for its reliance on a flexibility compliance mechanism that disincentivizes decarbonization.
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Document type: Policy brief
Prévisions concernant le transport maritime Septembre 2024
Carbon Market Watch (CMW) assessed several market-based measure (MBM) proposals for the international shipping sector, using a methodology developed by CE Delft. The evaluation focused on alignment with the Paris Agreement's 1.5°C goal, immediate emission reductions, support for vulnerable nations and workers, and funding for research and development. The analysis highlights that current IMO strategies are insufficient for 1.5°C alignment and that only proposals with high carbon levies—such as those from Canada and Austria et al.—provide a strong enough price signal to drive the transition to zero-emission technologies.
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Document type: Policy brief
Shipping Forecasts: September 2024 Scoring the decarbonisation proposals under the International Maritime Organisation's market-based measures (MBM) shipping strategies
Carbon Market Watch evaluated several greenhouse gas (GHG) pricing proposals for the International Maritime Organisation (IMO), scoring them based on criteria such as emission reduction potential, support for vulnerable nations, and revenue use for R&D. The analysis finds that while some proposals, such as those from Canada and Belize et al., show strength in levy levels and support for vulnerable nations, others, like the Bahamas et al. proposal, are insufficient as they do not function as robust market-based measures. The document argues that meeting the IMO's net-zero goals by or around 2050 requires ambitious levies and strong enforcement to incentivise zero-emission technologies.
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Document type: Policy brief
STOP FOSSIL FUELS FROM FUELLING CONFLICT
The report examines how fossil fuels correlate with inter-state wars, militarism, and internal violence, while advocating for a Fossil Fuel Non-Proliferation Treaty to manage a just transition to renewable energy. It highlights the 'peacetime-wartime continuum' of violence, noting that fossil fuel revenues often fund conflicts and that extraction sites frequently experience human rights abuses and gender-based violence. The document calls for a treaty based on non-proliferation, a fair phase-out, and a global just transition to prevent the replication of colonial extractivist patterns in the renewable energy sector.
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Document type: Report
GROWTH, EQUITY, AND A JUST TRANSITION IN THE BEEF SECTOR IN SOUTH AFRICA
The document examines the tensions between the industrial growth strategy of South Africa's beef sector and the goals of a just transition. It highlights a 'dualistic' industry where commercial production is highly concentrated and intensive, while smallholder farmers face significant barriers to market entry. The report argues that current efforts to integrate smallholders into commercial value chains may benefit only a small elite and fail to address broader agrarian inequalities. Ecologically, it notes that beef cattle are the largest source of agricultural GHG emissions in South Africa, primarily through enteric fermentation. While the industry promotes 'sustainable intensification' and regenerative grazing, the report cautions that these may not offset total emissions growth and may not address the socio-economic distribution of emissions. It concludes that a just transition requires setting ambitious emission limits, redistributing productive resources like land, and reconfiguring labour markets to improve conditions for farm workers.
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Document type: Briefing
Manitoba Builds Green
The report argues that Manitoba requires a massive, publicly led effort to implement deep energy retrofits (DERs)—defined as improvements reducing energy use by at least 50%—to meet 2050 net-zero targets. It estimates that 200,000 home retrofits are needed, requiring an annual investment of CAD 1.2 billion. The authors propose the creation of a Manitoba Green Bank to provide low- or no-interest financing and the adoption of a retrofit code by 2025. The strategy emphasizes a 'just transition' by prioritizing low-income renters and utilizing social enterprises to train underrepresented groups, including women and Indigenous Peoples, for the thousands of green jobs expected to be created.
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Document type: Report
Unlocking Clean Power for All
The report applies tipping point theory to the energy transition, arguing that while solar and wind have reached cost parity with fossil fuels globally, systemic barriers persist in many emerging market and developing economies (EMDEs). It proposes a holistic policy framework to 'force' tipping by amplifying positive feedbacks (e.g., reducing cost of capital), removing negative feedbacks (e.g., fossil fuel subsidy reform), and creating enabling conditions (e.g., grid modernization). The authors emphasize that public finance, especially international concessional funding, is critical to overcome high capital costs and infrastructure gaps in the Global South to meet the goal of tripling renewable energy capacity by 2030.
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Document type: Report
Senegal’s Big LNG Gamble
The report examines Senegal's transition to an LNG exporter, highlighting risks such as high breakeven prices, potential stranded assets, and socio-economic disruptions to coastal fishing communities. It argues that relying on optimistic revenue projections is risky given the IEA's projected decline in natural gas demand by 2050 and recommends prioritizing renewable energy and strategic revenue management to avoid fossil fuel lock-in.
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Document type: Report
Capacidades institucionales para una transición justa en regiones carboníferas
The report analyzes the crisis in La Jagua de Ibirico, Cesar, triggered by Prodeco's 2021 renunciation of mining titles. It highlights a severe mismatch between the high social, environmental, and economic impacts of mine closures and the limited legal competencies and financial resources of municipal governments. The document details the collapse of the local economy, significant loss of tax revenue, and persistent environmental liabilities, while proposing the creation of a permanent subregional fund and the strengthening of local institutional capacities to manage a transition beyond coal.
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Document type: Report
¿Qué significa cumplir con las metas globales de triplicar renovables y duplicar eficiencia energética en América Latina?
The document uses EnergyScope modeling to evaluate how four Latin American countries can align with COP 28 global energy targets. It concludes that a literal tripling of capacity is not necessary for all countries to meet projected demand and that combining renewable expansion with doubled energy efficiency can reduce the required installed capacity.
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Document type: Policy brief
CAS TUDI ARGENTINA, BRASIL, COLOMBIA CHILE
The report analyzes four Latin American countries, finding that while a literal tripling of renewable capacity is unfeasible or unnecessary for Brazil, Chile, and Colombia due to their existing high renewable shares, it could meet Argentina's demand but remains practically unattainable. It proposes 'sustainable progression' scenarios that balance demand with renewable growth and energy efficiency, highlighting the roles of solar, wind, and bioenergy in reducing greenhouse gas emissions by 2030.
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Document type: Executive summary
Business call to action for ambitious and investible NDCs
The We Mean Business Coalition argues that for NDCs to be 'investible', they must move beyond ambitious targets to include concrete implementation policies. The document proposes a three-pillar approach: setting ambitious economy-wide and sector-specific targets, developing consistent national and international policy frameworks, and establishing transparent dialogue between governments and businesses. It highlights that while renewable energy and electric vehicle adoption are accelerating, sectors like heavy industry and aviation require more targeted government intervention to overcome investment barriers. The report provides illustrative examples of successful policy-driven investments in India, Brazil, Sweden, the EU, and the US.
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Document type: Report
Recommendations on coal mine methane for Indonesia’s Second NDC
Ember recommends that Indonesia's Second NDC include strengthened commitments to address coal mine methane (CMM) emissions, specifically through improved estimation, reporting, and mitigation across surface and underground mines, while limiting coal expansion to support a just transition.
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Document type: Briefing
Recommendations on coal mine methane for Indonesia’s Second NDC
Ember recommends that Indonesia update its coal mine methane (CMM) emission calculations using IPCC 'average' global emission factors, as current estimates based on 'low emission factors' likely undercount emissions. The brief argues for the inclusion of underground mining data, the development of region-specific emission factors for Sumatra and Kalimantan, and the mandate of direct measurement in underground mines to improve safety and accuracy. It further suggests integrating GHG reporting into business licensing and implementing mitigation techniques like pre-mine drainage and Ventilation Air Methane (VAM) capture. Finally, it advises limiting coal expansion to avoid stranded assets and preparing a just transition for coal-producing regions through renewable energy and critical mineral industries.
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Document type: Policy brief
What is the significance of Yasuní in the context of the proposed Fossil Fuels Treaty?
The author asserts that the 'Yes to Yasuní' victory in Ecuador demonstrates the power of civil society to pressure governments to end fossil fuel extraction. The document links this local success to the broader goals of the Fossil Fuel Non-Proliferation Treaty, emphasizing the need for an international legal framework that replaces the 'extractivist economic matrix' with global cooperation and financial compensation from the Global North to support a just energy transition.
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Document type: Statement