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Reclaim Finance calls on European public reinsurers, specifically Flood Re (UK), CCS (Spain), and SACE (Italy), to follow the example of France's Caisse Centrale de Réassurance (CCR) by committing to cease new investments in companies developing new oil and gas projects. The document asserts that financing fossil fuel expansion contradicts the mandate of these entities to preserve the insurability of climate risks, noting that a world warming by 3°C would render such risks untransferable to the insurance sector. It highlights that bonds make up between 70% and 97% of the financial asset portfolios of these public reinsurers, providing a significant lever for change. Furthermore, the author urges these actors to demand alignment from their asset managers and to integrate financial incentives or strict conditions into reinsurance contracts for insurance clients that continue to support fossil fuel development.

The report argues that the IMF's 'climate turn' is contradictory, as its conventional lending programmes (Upper Credit Tranche) often prioritize fiscal consolidation and extractive industries, undermining the climate goals of the Resilience and Sustainability Facility (RSF). Through case studies in Ecuador, Egypt, the DRC, Tanzania, and Pakistan, the document demonstrates how IMF-mandated expenditure compression and reliance on fossil fuel exports create structural climate vulnerabilities. Key findings indicate that while the IMF has improved its climate analysis, this does not translate into programme design, which continues to favor private investment and cost recovery over the public investment needed for a just transition.

The 2026 Private Equity Climate Risks Scorecard reveals that 20 private equity firms, managing $7.3 trillion in assets, back 244 energy companies operating over 1,050 fossil fuel assets. These portfolios generate approximately 1.5 gigatons of annual greenhouse gas emissions, a volume that exceeds the emissions of the international shipping and aviation industries and ranks fifth globally, behind China, the U.S., India, and Russia. The report highlights that these firms own 15,000 miles of pipelines and 124GW of capacity across 324 fossil fuel plants. Furthermore, an analysis of dedicated oil and gas private equity funds active since 2001 indicates poor financial performance, with inflation-adjusted returns being negative on average. The document concludes that most of the studied firms have made limited progress in aligning their portfolios with climate standards to mitigate climate and financial risks.

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.

Private equity firms continue to finance LNG terminals despite increasing market volatility, geopolitical conflicts, and strong community opposition. The document highlights that these investments face risks from unstable long-term demand, project cancellations, and the incompatibility of LNG expansion with 1.5°C climate goals.

The policy brief emphasizes that cutting methane emissions can slow the rate of warming within current lifetimes because methane has a shorter atmospheric lifespan than carbon dioxide. It highlights the use of optical gas imaging to identify invisible leaks and argues that the fossil fuel industry wastes 200 billion cubic meters of gas annually through leaks and flaring. The document advocates for the EU Methane Regulation's application to imports to potentially cut global oil and gas methane emissions by 30 per cent. Additionally, it promotes the Fossil Fuel Regulatory Programme (FFRP), which assists low- and middle-income countries in establishing emissions rules, with Egypt, Brazil, and Bosnia and Herzegovina recently joining the initiative.

The document reports that non-fossil sources reached a record 46.2% of the global electricity mix in April, with wind and solar accounting for 21.3%. It discusses how the instability of the Strait of Hormuz has exposed the fragility of fossil fuel supply chains, prompting countries like China, Poland, and the Philippines to accelerate electrification and renewable energy adoption. Despite this, global fossil fuel subsidies are expected to exceed USD 1 trillion this year, and major energy firms like Shell and BP are pivoting back toward traditional oil and gas models. The text also notes the climate risks evidenced by record heatwaves in Europe and record global carbon emissions in 2025.

Natural Justice critiques the draft National Energy Policy (NEP) 2025 for Kenya, highlighting a contradiction between its clean energy goals and its proposal to continue oil, coal, and nuclear development. The organization argues that these fossil-fuel and nuclear pathways risk creating stranded assets and undermine climate commitments. Key recommendations include the adoption of a dedicated Just Energy Transition chapter, the mandatory use of Community Development Agreements (CDAs), and the alignment of land acquisition practices with World Bank standards. Natural Justice specifically urges the removal of nuclear energy and liquefied natural gas (LNG) from the policy in favor of geothermal, solar, and wind alternatives.

The document is a legal communication submitted by ten Australian citizens alleging that the Australian government's fossil fuel export policies violate their rights to life, privacy, family, home, and culture. It argues that Australia's role as a leading exporter of coal and liquefied natural gas (LNG) materially contributes to the climate emergency, causing specific harms to the authors, including extreme heat, bushfires, flooding, and toxic algal blooms. The authors contend that Australia has failed its due diligence obligations under international law and that domestic legal remedies are inadequate, requesting the Committee to declare these actions incompatible with human rights obligations and recommend a phase-out of fossil fuel exports.

Japan has become a major global LNG trader, significantly increasing its resales of US-sourced LNG to Asian markets between 2021 and 2025. This trade pattern, supported by Japanese government initiatives and financing, contributes to substantial lifecycle greenhouse gas emissions. The analysis shows that 16.5 billion kg of US LNG resold by Japan to Asia released 63.5 billion kg of CO2, with methane leaks and combustion being the primary drivers. The document argues that promoting LNG infrastructure in Asia risks locking in fossil fuel dependence and exacerbating climate-induced disasters in a region already vulnerable to extreme weather.

The report analyzes the 'Electric Asia' transition, arguing that Asian economies are shifting from a historical correlation between GDP growth and fossil fuel demand toward a model where growth is driven by electricity demand and domestic renewable energy. It highlights the role of China in exporting electrification technologies and the potential for other Asian nations to reduce import dependency by deploying solar and wind power, particularly as the levelized cost of energy (LCOE) for solar-plus-storage becomes competitive with LNG.

Colombia is planning LNG import capacity that could exceed double its projected 2030 gas demand, potentially creating stranded assets and hindering its energy transition. While the country faces a domestic gas deficit and energy security risks from El Niño and geopolitical tensions, the report argues that current and planned projects—such as the SPEC LNG expansion and the Puerto Bahía or Coveñas terminals—could satisfy demand without the need for the full suite of nine planned initiatives. The document emphasizes that prioritizing flexible, temporary LNG capacity while shifting investment toward renewables and energy efficiency would align with Colombia's international climate leadership and its roadmap to reduce fossil fuel dependence by 90% by 2050.

Colombia is planning at least nine major LNG import terminal projects and expansions between 2026 and 2030, which would create a capacity of approximately 2,500 million cubic feet per day (MMcf/d). This figure is more than double the government's projected gas demand of 1,000 MMcf/d for 2030. The report warns that such an overbuild could lead to stranded assets, lock the country into long-term fossil fuel contracts, and divert resources from renewables and energy efficiency. While the country faces a domestic gas deficit and energy security challenges exacerbated by El Niño and geopolitical tensions, the document suggests that near-term needs could be met without overbuilding infrastructure, aligning instead with a roadmap to reduce fossil fuel dependence and emissions by 90% by 2050.

The Gitanyow people developed the Wilp Sustainability Assessment Process (WSAP) and a corresponding climate test to exercise sovereignty and protect their territory from the shortcomings of colonial environmental impact assessments. Refined in 2023, the climate test uses 13 specific criteria and a scoring grid to assess project performance, including carbon pollution and alignment with the Paris Agreement. The process has been applied to three projects, including the Eskay Creek mine and the Ksi Lisims LNG project, demonstrating a shift toward Indigenous-led impact assessments and legal pluralism in Canada.

The share of gas in the global power mix fell for the fifth consecutive year in 2025, dropping from 23.9% in 2020 to 21.8%. While absolute global gas generation has not yet peaked, its growth rate slowed from 2.9% (2016-2020) to 1.6% (2021-2025) as solar and wind met approximately 68% of global electricity demand growth over the last five years. By 2025, 61 out of 124 gas-generating economies had passed their historical gas generation peaks. In the G7, renewable power (2,544 TWh) nearly equaled gas power (2,577 TWh) in 2025. Conversely, gas remains central to the power sectors of the US and Canada, and continues to support demand in parts of North and West Africa.

The closure of the Strait of Hormuz during the Iran war has triggered a global energy crisis, causing Brent crude to reach USD 138/barrel and spiking natural gas prices, particularly in Asia. This disruption has led to increased food and fertiliser prices, slowed global GDP growth, and strained national budgets through increased fossil fuel subsidies. In response, 26 countries and regions have implemented clean energy measures, with Asia leading in both vulnerability to supply shocks and the acceleration of clean technology investments and deployments.

The report argues that reliance on fossil fuels creates unstable government revenues, locks countries into outdated infrastructure, and exposes them to stranded asset risks as global energy systems shift. It categorizes African economies into export-dominant, import-dependent, and dual-role types, noting that no single transition pathway fits all. To mitigate these risks, the document advocates for diversification into manufacturing, agro-processing, digital services, and the domestic processing of transition minerals. It outlines a phased transition timeline from 2026 to beyond 2045, emphasizing that domestic governance reforms must be supported by international cooperation to reduce the 'African premium' on borrowing costs and improve technology access.

Motuoane Energy (Pty) Ltd is seeking to convert its existing Exploration Right (ER315) into a Production Right to extract helium and methane gas in the Free State. The proposed project includes drilling approximately 43 production wells, installing gas collection pipelines, and building a helium recovery and gas processing plant (CNG and/or LNG). Environmental Impact Management Services (Pty) Ltd (EIMS) is conducting the Environmental Impact Assessment (EIA), currently in the scoping phase. Affected communities, including Virginia/Meloding, Theunissen/Makeleketla, and Ventersburg/Mmamahabane, are invited to register as Interested and Affected Parties (I&APs) and submit comments by February 23, 2026.

The 17th edition of the Banking on Climate Chaos report finds that the world's largest banks committed $906 billion to fossil fuel companies in 2025, an 8% increase from 2024. Financing for fossil fuel expansion rose by over 27% to $508 billion. The report highlights a high concentration of finance, with a 'Dirty Dozen' of banks providing nearly 39% of global fossil deals. It also notes a trend of policy backsliding, where banks are weakening climate commitments and abandoning net-zero targets, particularly in the US. The report argues that this financing amplifies energy instability and inequality, especially during geopolitical crises like the 2026 US-Israel war on Iran.

ClientEarth, Amis de la Terre France, and Notre Affaire à Tous allege that TotalEnergies SE has misled investors by claiming alignment with the Paris Agreement while continuing to increase fossil fuel production. The report argues that such misinformation obscures systemic financial risks, as climate change threatens global economic stability and asset valuations. It specifically challenges the company's claims regarding the role of natural gas as a 'transition energy' and its 'net zero' ambitions, citing a 2025 Paris court ruling that found the company's consumer communications to be misleading.