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The report asserts that existing production and export capacities are sufficient to meet global fossil gas demand, which is expected to peak before 2030. It highlights that demand declines in developed economies, such as the EU, Japan, and South Korea, will offset potential increases in emerging economies. The document concludes by calling for financial institutions to halt all support for fossil gas expansion, including new gas fields and LNG export terminals.

The 'Scan de la Finance Fossile' evaluates 56 French financial institutions on their policies regarding high-risk oil and gas sectors. The analysis finds that fewer than half of these actors have policies covering any of the five most risky sectors, and existing policies often contain loopholes that allow continued financing of companies and infrastructure that facilitate fossil fuel expansion.

The briefing contends that converting fossil gas infrastructure to other energy sources is generally unrealistic due to technical challenges, prohibitive costs, and insufficient projected energy volumes. It asserts that hydrogen and biogas cannot replace the scale of fossil gas, and that 'blending' serves only to prolong fossil gas dependency. While it acknowledges limited viability for converting long-distance pipelines and geological storage for 'hard-to-abate' sectors, it concludes that no new gas infrastructure is justified based on future conversion potential.

The document challenges the gas industry's claims that existing and new fossil gas infrastructure can be converted to hydrogen or biogas to avoid stranded assets. It argues that projected energy volumes for hydrogen and bioenergy by 2050 are far too low to justify current gas infrastructure levels. While it acknowledges limited potential for converting long-distance pipelines and geological storage for 'hard-to-decarbonize sectors', it dismisses biogas as unsustainable and LNG terminal conversion as economically non-viable. Reclaim Finance recommends that financial actors cease all support for gas expansion.

The Papua LNG project, led by TotalEnergies, faces delays and rising costs, with estimates increasing from US$10 billion to US$18 billion. While some banks have declined direct financing due to climate policies, others continue to fund the project's developers. The project is projected to emit over 220 million tonnes of CO2, increasing Papua New Guinea's industrial and energy sector emissions by 7%, and poses significant risks to biodiversity and local communities in the Gulf Province. Critics argue that investing in renewable energy would be more cost-effective and beneficial for the country's electricity needs.

The report details ADNOC's plans to increase oil production by 25% by 2030, identifying it as a major global expansionist whose activities are largely incompatible with IEA Net Zero scenarios. It highlights the involvement of international 'carbon majors' and banks in financing these projects, the use of carbon capture for enhanced oil recovery, and the threat posed to the Marawah Biosphere Reserve by the Ghasha Mega Project.

The document details fossil fuel expansion financing from BNP Paribas, Crédit Agricole, Groupe BPCE, and Société Générale across three subsectors: oil and gas production, transport infrastructure (LNG and pipelines), and gas-fired electricity production.

The document outlines the environmental and economic dangers of expanding liquefied natural gas (LNG) infrastructure. It highlights that the LNG process is energy-intensive and prone to methane leaks, with US-sourced LNG potentially having a carbon footprint 28% higher than coal. Financially, the report warns of severe overcapacity in Europe, where import capacity may reach 400 billion m3 by 2030 despite a projected demand of only 150-190 billion m3, leading to a high risk of stranded assets in countries such as France, Germany, and Italy. It concludes that conversion to hydrogen or biomethane is largely technically and economically unfeasible, urging financial actors to cease all support for gas expansion.

The report asserts that new gas exploration, production, and LNG export terminals are incompatible with limiting global warming to 1.5°C. It highlights that existing fossil fuel infrastructure already threatens to exceed remaining carbon budgets and calls for financial institutions to immediately cease funding gas expansion across the entire value chain.

The report details the environmental and health risks of fossil gas, highlighting that methane leaks can make gas more harmful to the climate than coal. It specifically critiques shale gas for its high water consumption, chemical contamination, and carcinogenic emissions, while noting that gas combustion contributes to millions of deaths globally through air pollution. Reclaim Finance recommends that financial institutions cease all support for fossil gas expansion.

The document outlines the high energy consumption and methane leakage associated with the LNG value chain, highlighting that US-produced LNG can have a carbon footprint 28% higher than coal. It warns of significant financial risks, including the potential for LNG infrastructure to become stranded assets due to overcapacity, particularly in Europe where utilization rates are forecast to drop to 36% by 2030.

The report challenges the narrative of fossil gas as a 'bridge fuel,' stating that a global gas-based electricity system would be as damaging to the climate as one based on coal. It distinguishes between the roles of different gas turbines, noting that while open-cycle gas turbines (OCGTs) can provide short-term flexibility for variable renewable energy, combined-cycle gas turbines (CCGTs) lack the necessary ramp-up speed and risk commercial failure if used only as backup. The document concludes that existing thermal plants and storage technologies, such as pumped-storage hydropower, are sufficient to meet seasonal flexibility needs, rendering new gas infrastructure unnecessary and uneconomical.

The briefing asserts that new gas exploration, production, and LNG export terminals are incompatible with limiting global warming to 1.5°C. It highlights that existing fossil fuel infrastructure already exceeds the remaining carbon budget for low-overshoot pathways and warns of LNG overcapacity. Consequently, it calls on financial institutions to stop presenting fossil gas as a transitional energy and to immediately cease financial services supporting fossil gas expansion.

The briefing identifies five 'non-conventional' oil and gas sectors that pose disproportionate risks to the 1.5°C warming limit and the environment. It details the high carbon intensity of oil sands and shale, the methane leakage associated with LNG and shale, and the ecological fragility of the Arctic and deepwater offshore environments. The document also highlights the financial instability of these sectors, citing high operational costs and the risk of stranded assets, and calls on French financial actors to adopt exit strategies.

The fact sheet contends that the traditional reliance on natural gas and LNG as a bridge to decarbonization in the Global South is outdated. It asserts that modern renewables and storage can meet reliability, speed, and cost requirements more effectively than gas. Citing IEA data, the document warns that gas-heavy strategies expose developing economies to higher consumer prices, price volatility, and technology lock-in, whereas a net-zero aligned approach could meet over 60% of their electricity needs via local renewables by 2050.

The report analyzes the energy transition of the Galápagos Islands, focusing on the total elimination of fossil fuels by 2040. It evaluates four demand sectors—residential, commercial/public, land transport, and maritime transport—and proposes three levels of policy ambition (Low, Medium, and High). Key strategies include replacing LPG with induction stoves and solar water heaters, electrifying land transport, and implementing a mix of slow steaming, wind-assisted propulsion, and biofuels for the maritime fleet. On the supply side, the report models the transition to 100% renewable electricity using solar PV, wind, Concentrated Solar Power (CSP), and geothermal energy. It concludes that while technological substitutions are generally cost-effective, structural infrastructure changes in buildings are not. The report also highlights the role of national subsidies and proposes an 'Eco Tax' for tourists to fund the transition.

The document critiques Indonesia's energy policies for prioritizing coal-fired power plants (PLTU) despite escalating climate disasters and socio-economic losses. It highlights the filing of two lawsuits at the Jakarta Administrative Court (PTUN Jakarta) by environmental organizations and affected citizens to challenge the RUKN 2025-2060 and RUPTL 2025-2034, arguing that these plans extend the life of fossil fuel infrastructure and ignore the health and economic impacts on local communities.

The report argues that MDBs fail to deliver genuine climate finance due to flawed accounting methodologies that allow fossil fuel-related projects, such as liquefied natural gas (LNG) and waste-to-energy incineration, to be counted as climate action. It highlights a systemic bias toward mitigation over adaptation and a preference for loans over grants, which exacerbates debt in the Global South. Specific analysis of the AIIB and ADB reveals transparency gaps, the inclusion of high-emitting projects in climate portfolios, and a failure to integrate gender equality and human rights into climate finance principles.

The document outlines a technical framework for calculating fuel use across various truck types—including tractor-trailers, straight trucks, and cargo vans—using data from the Freight Analysis Framework (FAF) and the Vehicle Inventory and Use Survey (VIUS). It establishes baseline fuel economies (e.g., 5.8 mpg for tractor-trailers) and projects improvements by 2025 based on technology packages such as aerodynamic devices and hybrid-electric powertrains. Additionally, it applies these methodologies to estimate the current fuel use and future savings for the fleets of UPS, FedEx, PepsiCo, The Coca-Cola Company, and Walmart.

The document asserts that clean energy technologies now have the potential to replace 75% of existing fossil fuel demand, with renewable electricity exceeding 40% of the global power mix in 2024. It highlights that solar and wind are increasingly cost-competitive, displacing over 650 TWh of fossil fuel use between 2023 and 2024. The report notes a strong business preference for renewables, with over 90% of polled executives viewing access to renewable electricity as critical for investment decisions. It specifically warns that oil demand is expected to peak and decline this decade as electric vehicles (EVs) scale, and that gas infrastructure risks becoming stranded as renewables and electrified heat reduce demand. Additionally, it identifies China as the first 'electrostate' due to its rapid electrification and clean tech production.