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The Maputo Floating Thermoelectric Power Plant Project, a partnership between Karpower and Electricidade de Moçambique (EDM), proposes a 415MW natural gas-powered floating station in the Espírito Santo Estuary. The project includes a 4km transmission line and a 3km gas pipeline. Potential risks include the degradation of mangrove ecosystems, loss of livelihoods for artisanal fishers in Matola, Katembe, and Maputo city, and increased respiratory diseases due to reduced air quality. The document highlights the risk of 'locking-in' to costly fossil fuel agreements that could crowd out renewable energy alternatives. It also notes Karpower's controversial track record in South Africa, Guinea-Bissau, and Brazil, including allegations of environmental racism and human rights violations.

The analysis finds that none of the five examined electricity producers have a robust transition plan aligned with a 1.5°C limit, specifically lacking firm commitments to exit fossil gas by 2035. While Iberdrola and Statkraft show better practices and a shift toward sustainable energy, Enel, ENGIE, and EPH continue to develop gas plants and require coal exit plans focused on closures rather than sales to ensure absolute emission reductions.

The document criticizes the financing of the Stade LNG terminal in Germany, arguing that such projects create an unnecessary dependence on fossil gas and contradict climate goals. It highlights a disconnect between banks' public climate commitments and their continued funding of LNG import and export infrastructure.

The report evaluates pathways to decarbonise the Baltic-Finnish gas market, comparing a business-as-usual approach with renewable methane, renewable hydrogen, and cost-minimising scenarios. It finds that full decarbonisation by 2050 is possible, with the cost-minimising scenario offering the highest economic benefits, including a 44% reduction in total system costs and the creation of over 20,000 jobs. The analysis emphasises the critical role of onshore and offshore wind energy to power hydrogen production and suggests that existing LNG terminals can be repurposed for synthetic methane and bio-LNG. Key recommendations include regional integration of gas markets, harmonised certification for renewable gases, and the potential legal ban on connecting new buildings to the natural gas grid.

The report finds that Canadian institutions provided between CAD 7.6 billion and CAD 13.5 billion annually to the fossil fuel sector from 2020 to 2022, while providing only CAD 147 million annually for domestic renewable energy. It identifies Export Development Canada (EDC) as the primary provider of this finance and highlights a critical lack of transparency in reporting. The authors recommend a comprehensive policy that covers the entire fossil fuel life cycle, includes existing investments like the Trans Mountain Pipeline Expansion, and precludes funding for carbon capture and storage (CCS) and blue hydrogen. The report suggests redirecting these funds toward clean electricity and Indigenous-led generation to support Canada's energy transition.

The author contends that the Power of Siberia 2 pipeline would undermine China's energy security by increasing dependence on Russia, create unnecessary capital expenditure in an oversaturated market, and conflict with China's goal to peak carbon emissions by 2030.

The Fossil Fuel Non-Proliferation Treaty initiative proposes a framework for a global treaty to end the expansion of oil, gas, and coal. Based on 20 global consultations, the document argues that the treaty must be built on three core values—justice, rights, and public goods—to avoid replicating colonial and corporate domination. It emphasizes a 'bottom up' approach to ensure the participation of marginalized groups and Indigenous Peoples from the outset. The proposed framework rests on three pillars: a just transition for workers and communities, the non-proliferation of new fossil fuel exploration, and a fair phase-out of existing production aligned with the 1.5C goal.

In April 2024, fossil fuel generation in the EU fell to a record monthly low of 23%, with coal and gas both seeing significant declines. This shift was driven by record-high wind and solar output, which together provided 34% of electricity, and a recovery in hydropower. Consequently, the EU power sector's emissions in April reached a record low of 38 million tonnes of CO2, contributing to an 18% year-on-year decrease in emissions for the first four months of 2024 despite a slight recovery in electricity demand.

In 2023, solar and wind power continued to grow, with solar producing a record 5.5% of global electricity and wind reaching 7.8%. China was the primary driver for both, accounting for 51% of solar growth and 60% of wind additions. Conversely, coal generation reached a record high of 10,434 TWh (35% of the global mix), largely due to droughts in China reducing hydropower output, which fell by a record 88 TWh. Fossil gas remained the second-largest source at 23%, with growth driven by the US. Nuclear generation saw a slight rebound to 9.1% of the mix, while bioenergy reached a record 697 TWh (2.4%). The report notes that while solar and wind are on a positive trajectory, coal and gas must decline sharply, and nuclear and hydro must accelerate growth to meet IEA Net Zero Emissions targets by 2030.

In 2023, the world's top six electricity sector emitters—China, the US, India, the EU, Russia, and Japan—accounted for approximately 72% of global emissions from this sector. China remains the largest emitter, though it leads the world in wind and solar growth. The US and EU have seen long-term emissions declines driven by the replacement of coal with gas and renewables. India's emissions continue to rise as demand growth outpaces clean energy additions. Russia's electricity mix remains largely unchanged over two decades, while Japan is seeing a recovery in nuclear generation and a significant increase in solar share, despite very low wind deployment.

Singapore's path to net-zero by 2050 depends heavily on importing renewable energy from neighboring countries due to severe domestic land constraints. While the Singapore Green Plan 2030 targets 2 GW of solar and 4 GW of imports, analysis suggests these must be significantly scaled up—potentially to 16 GW of imports by 2045—to align with IEA net-zero milestones. Such a transition would reduce per capita power sector emissions by 52-58% by 2035 and decrease reliance on volatile gas prices. The report emphasizes that Singapore's financial capacity allows it to lead regional grid investments, such as the LTMS-PIP and potential links to India and the UAE, to secure its energy future and accelerate Southeast Asia's clean energy transition.

The document highlights a recent increase in global coal capacity and a slowdown in the adoption of coal-restrictive policies by private financial institutions, calling for urgent regulatory action and the implementation of the Coal Transition Accelerator.

Reclaim Finance assesses ENGIE's 2025 climate plan, finding it insufficient for a 1.5°C pathway. The analysis highlights that nearly half of ENGIE's capacity remains fossil gas-based, with no specific exit dates or asset-by-asset strategies. While renewable targets increased to 95 GW by 2030, the company continues gas expansion through new plants and LNG contracts. The briefing recommends that financial institutions demand a halt to gas infrastructure and that shareholders vote against the 'Say on Climate' proposal and the reappointment of CEO Catherine MacGregor.

The briefing criticizes ENGIE's 2025 climate plan for lacking a phase-out date for fossil gas and continuing expansion through new plants and long-term LNG contracts. While noting a slight increase in renewable energy targets to 95 GW by 2030, the author argues that ENGIE remains on a 'well below 2°C' trajectory rather than 1.5°C, citing a decarbonization goal of 2045 that contradicts IEA Net Zero Emissions (NZE) scenarios. The document also highlights that CAPEX for fossil technologies remains nearly stable between the 2024-2026 and 2025-2027 periods and warns that reliance on 'green gases' and carbon credits may perpetuate fossil systems.

Reclaim Finance calls on ENGIE shareholders to oppose the company's continued investment in fossil gas, arguing that its strategy is incompatible with a 1.5°C warming limit and its own 2045 carbon neutrality goal. The organization specifically highlights the planned gas power plant in Nijmegen, Netherlands, and long-term US shale gas contracts as evidence of misalignment with climate science. It advocates for voting against the re-election of directors and executive pay at the April 30 general meeting to force a strategic shift away from gas and uncertain technologies like CCUS and biomethane.

Reclaim Finance argues that ENGIE's continued investment in fossil gas is incompatible with a 1.5°C warming limit and its own 2045 carbon neutrality goal. The organization calls on shareholders to vote against key strategic resolutions to sanction the board for failing to align capital expenditure with decarbonization goals.

The report argues that while ENGIE has ambitious renewable energy targets, its overall climate plan is not aligned with a 1.5°C trajectory due to continued investments in fossil gas infrastructure, long-term LNG contracts for fracked US gas, and a reliance on immature technologies like CCUS and large-scale renewable gas. It highlights a lack of precise intermediate absolute emission targets and insufficient methane reporting as key governance failures.

Natural Justice argues that the IRP2023 is a regression from previous plans and lacks a proper legal basis, as it functions as a policy instrument rather than an operational plan. The organization contends that the IRP2023 incorrectly prioritizes energy security over other national policy objectives like affordable access and environmental sustainability. It calls for the adoption of an Energy Justice Framework to address the rights of indigenous peoples and local communities, particularly regarding land, water, and gender equality, and recommends the development of a comprehensive Integrated Energy Plan (IEP) as mandated by the National Energy Act.

In 2023, Türkiye became Europe's second-largest coal-fired electricity generator, producing a record 118 TWh, with coal's share of total generation rising to 36%. This trend was driven by imported coal, primarily from Russia, which accounted for 73% of imports and 22% of total electricity generation. While solar capacity grew to over 12 GW, wind installations hit a 13-year low of 411 MW. The report notes that Türkiye's trajectory diverges from the EU, where coal generation halved since 2016. Despite a 2053 net-zero target, the National Energy Plan still forecasts new coal and gas capacity by 2035, and the report argues that rooftop solar potential (120 GW) remains underutilised.

The document identifies a short-term opportunity for African gas producers to fill global supply gaps caused by the war in Ukraine, but warns that new infrastructure investments face a high risk of becoming stranded assets as the world moves toward net-zero.