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2,970 results
General Guidance for Tracking Green Finance
The guide establishes 'Common Principles' for tracking green finance, emphasizing conservativeness and granularity. It details a three-step qualification process for adaptation finance and a whitelist-based approach for mitigation. It also introduces a methodology for biodiversity finance based on OECD Rio Markers and the Kunming-Montreal Global Biodiversity Framework, while addressing challenges like taxonomy misalignment and resource limitations within development finance institutions.
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Document type: Guide
CPI Ownership Methodology
The report proposes a two-step assessment approach to link financial institutions' net zero strategies to real-world impacts. It emphasizes tracking investments in new assets rather than existing portfolios to avoid the 'divestment' loophole where assets are transferred without reducing emissions. The methodology uses a multi-level ownership tree (up to Level 2) to attribute finance to indirect investors based on equity and debt weightings, utilizing data from sources like Bloomberg Terminal and CPI's Global Landscape of Climate Finance.
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Document type: Report
Credit Check: Should Canada get climate credit for its liquefied natural gas exports?
The document argues that claiming climate credits for LNG exports is likely impossible and environmentally unsound. It highlights the difficulty of proving 'additionality'—that exports actually cause a switch from coal to gas—and warns that such a mechanism could lead to overstated emissions reductions. The author concludes that any feasible route to these credits would require costly subsidies that would violate Canada's own policies and lock in fossil fuel infrastructure.
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Document type: Policy brief
Fitting the Pieces of the Puzzle
The research paper identifies six recurring themes in due diligence regulations: risk management, transparency, traceability, legality, accountability, and stakeholder engagement. It highlights the challenges faced by Global South actors and SMEs in complying with these often unilaterally developed laws. The author suggests a 'smart-mix' approach, where voluntary sustainability standards (VSSs) and digital tools (such as satellite imagery and traceability platforms) complement public policies to reduce the compliance burden.
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Document type: Research paper
Big Meat and Dairy
The briefing argues that the meat and dairy industry employs misleading narratives—such as claims regarding food security, growing demand, and emissions leakage—to distract from the need to reduce livestock numbers and methane emissions to meet Paris Agreement goals.
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Document type: Briefing
Climate Security at the 79th UN General Assembly and Climate Week: What to Watch
The briefing highlights three priority areas for the 79th UN General Assembly and Climate Week: the High-Level Meeting on Sea-Level Rise, climate finance negotiations, and the Summit of the Future. It emphasizes the security implications of sea-level rise for Pacific Island states, the critical funding gap for developing nations facing debt crises, and the potential for the 'Pact for the Future' to address the climate-security nexus in UN peace operations.
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Document type: Briefing
Fossil fuels impact on weather events in the United States
The briefing links the increased frequency and intensity of US extreme weather events, such as the July 2023 heatwave and August 2024 California wildfires, to climate change driven by fossil fuels. It highlights that US oil and gas production emissions rose roughly 42% between 2011 and 2022 and notes that 88 large fossil fuel and cement companies are responsible for 48% of the rise in fire-danger conditions in the region. The document argues for corporate accountability, citing a Climate Analytics estimate that the 12 most polluting companies are responsible for USD 15 trillion in economic damages from 1985 to 2018. While the US has seen significant growth in solar and wind capacity and electric vehicle sales, primary energy consumption remains dominated by petroleum (38%), natural gas (36%), and coal (9%) as of 2023.
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Document type: Briefing
Civil Society Engagement and Issues of Concern Regarding Meaningful Participation in the AIIB Annual Meeting 2024, Uzbekistan
Civil society organisations have written to AIIB President Jin Liqun to express concern over the bank's limited engagement with external stakeholders. The group argues that the AIIB's current internal focus overemphasizes project benefits and underplays risks. They propose several critical discussion topics for the 2024 Annual Meeting, including the bank's fossil fuel divestment, Paris Agreement alignment, and the development of a Gender Action Plan. The letter also highlights logistical barriers for participants in Uzbekistan, including visa difficulties and the risks associated with the country's closed civic space.
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Document type: Statement
Latest trends in climate litigation against fossil fuel companies
The document identifies a rapid increase in climate lawsuits against major fossil fuel producers, noting that annual filings nearly tripled since 2015. It categorizes these cases into primary types—most notably compensation for climate damages, misleading advertising, and emissions reductions—and highlights emerging trends such as criminal liability claims and challenges to project permitting. The analysis emphasizes the role of attribution science in quantifying corporate liability and the potential for landmark rulings, such as the one against Shell in the Netherlands, to set global precedents.
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Document type: Briefing
Voces silenciadas: la violencia contra las personas defensoras de la tierra y el medioambiente
In 2023, Global Witness documented 196 murders of land and environmental defenders, contributing to a total of 2,106 since 2012. Latin America remains the most dangerous region, accounting for 85% of 2023 cases, with Colombia recording the highest number of killings (79). The report highlights a systemic pattern of violence including forced disappearances in Mexico and judicial harassment in Asia. Mining is identified as the primary industrial driver of these killings. The document argues that indigenous peoples, who protect 80% of the world's remaining biodiversity, are disproportionately targeted. It calls for the implementation of the Escazú Agreement and greater inclusion of indigenous knowledge in global climate negotiations.
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Document type: Report
CAPE 09-2024_Physician-led call for a cap on oil and gas emissions
A group of Canadian physicians and healthcare professionals is calling for the immediate implementation of a strong emissions cap on the oil and gas sector, arguing that such a measure is critical for both climate mitigation and public health. They advocate for a 45% reduction in emissions below 2005 levels by 2030, asserting that the current proposed framework is insufficiently ambitious. The authors highlight that the oil and gas sector is Canada's largest source of greenhouse gas pollution and that reducing these emissions would significantly lower levels of dangerous air pollutants like NO2, PM2.5, and ozone, potentially preventing thousands of premature deaths and providing billions in economic benefits.
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Document type: Statement
WTO at a Crossroads in Addressing Trade and Climate Nexus
In a speech delivered on 4 July 2024, WTO Deputy Director-General Jean-Marie Paugam outlines the evolving relationship between the WTO and environmental protection. He notes a paradigm shift where climate change is now actively disrupting trade, citing examples like the Panama Canal drought. While the WTO has made progress through the 2022 Ministerial Declaration and the Fisheries Subsidies Agreement, Paugam warns that uncoordinated national actions—such as the nearly 70 carbon tax schemes in development and varying green steel standards—risk fragmenting world trade. He advocates for a "reglobalization" approach that combines green industrialization with trade cooperation, suggesting the WTO may need to adopt new rule-making models, including plurilateral commitments or non-binding frameworks similar to the Paris Agreement, to remain relevant.
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Document type: Statement
VCMI’s new framework needlessly endangers its credibility
Carbon Market Watch criticizes VCMI's revised Scope 3 Framework, asserting that it allows companies to pollute up to 25% beyond their annual scope 3 decarbonisation targets until 2038. The organization argues this flexibility undermines the Paris Agreement's 1.5°C goal and creates a 'green fig leaf' for climate laggards, particularly in sectors that are easier to decarbonise than the hard-to-abate industries the framework was intended for.
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Document type: Statement
Big Meat and Dairy’s narratives to derail climate action
The document argues that the meat and dairy industry employs misleading narratives—including claims about food security, nutritional necessity, and 'regenerative' farming—to obstruct climate action and maintain high production levels. It contends that these tactics distract from the urgent need to reduce methane emissions and shift toward plant-rich diets to meet Paris Agreement goals.
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Document type: Briefing
Financing the decarbonisation of China’s steel industry: technology, policy and instruments
The report highlights that China's steel sector requires at least CNY1.6tn (USD220bn) in fixed-asset investment for decarbonisation by 2050. While the labelled bond and loan markets have the capacity to provide this capital, current issuance from the steel sector is minimal, representing only 0.1% of the Chinese labelled bond market. The document recommends aligning provincial transition finance guidelines with national and international standards, encouraging the use of greenhouse gas (GHG) emission-reduction targets in sustainability-linked bonds (SLBs), and implementing green public procurement to stimulate demand for low-carbon steel.
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Document type: Report
Corporate Environmental Due Diligence and Reporting in the EU
The report analyzes the CS3D, highlighting gaps in its scope of companies, value chain coverage, and the definition of environmental impacts compared to international standards like the OECD Guidelines and the CSRD. It argues that the current framework is too narrow, particularly regarding downstream activities and the financial sector. The authors provide 20 specific recommendations for Member States to strengthen the directive during transposition, focusing on expanding the scope of impacts, enhancing the effectiveness of climate transition plans, empowering supervisory authorities with proactive investigative powers, and broadening civil liability to better protect victims and the environment.
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Document type: Report
Disenfranchised by Climate Change
The report examines the intersection of climate change and democratic processes, detailing how extreme heat, floods, and wildfires disrupt voter registration, polling access, and ballot counting. It provides evidence of recent climate-driven disruptions in the US, India, and Pakistan, and analyzes temperature anomalies in 60 countries during the 2024 election cycle. The authors advocate for systemic changes, such as flexible voting arrangements, improved risk mapping, and updated emergency statutes, to protect the fundamental right to vote on a warming planet.
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Document type: Report
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