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The document examines the IEA's WEO 2022, specifically the Net-Zero by 2050 (NZE) scenario, to outline a transition from fossil fuels to clean energy. It argues that fossil fuel demand is peaking and that achieving the 1.5°C target requires a total transformation of energy investment, characterized by a '9 for 1' ratio of clean energy to fossil fuel spending by 2030.

The global energy crisis has exposed critical vulnerabilities in the energy systems of Southeast Asian nations, particularly their reliance on imported fossil fuels. While governments in Indonesia, Thailand, the Philippines, and Viet Nam have implemented short-term measures to mitigate price shocks and secure fuel supplies, the report argues that these responses fail to address underlying vulnerabilities. It calls for an acceleration of fossil fuel phasedowns, a reconsideration of natural gas as a transition fuel, and a prioritisation of renewable energy scale-ups and energy efficiency to build long-term resilience.

The report finds that four major German asset managers, managing over €2.3 trillion, continue to invest in companies with significant fossil fuel expansion plans, holding nearly US$ 13 billion in the world's worst polluters as of September 2022 without adequate policies to limit this support.

The report reveals that four major German asset managers, collectively managing over 2.3 trillion euros, continue to invest in companies expanding coal, oil, and gas production, holding nearly 13 billion USD in the world's worst polluters as of September 2022 without adequate policies to limit this support.

The document asserts that Canada's reliance on oil, gas, and coal leaves it vulnerable to global market volatility and geopolitical shocks, despite being a major producer. It argues that renewable energy sources like wind and solar are now more cost-effective than fossil fuels and can provide long-term price stability because they do not require input fuels. The brief highlights Canada's existing hydroelectric capacity as a key asset for balancing variable renewables and suggests that electrifying transport and heating will further reduce exposure to fossil fuel price spikes. It concludes that prioritizing investments in flexible, integrated electricity grids and energy efficiency is essential for achieving a non-emitting electricity grid by 2035 and ensuring affordable energy security.

The document asserts that Canada's reliance on oil, gas, and coal exposes it to global market volatility and geopolitical risks, as evidenced by record-high fuel prices in 2022. It argues that renewable energy sources like wind and solar are now more cost-effective than fossil fuels and provide long-term price stability because they do not require input fuels. The brief highlights Canada's existing hydroelectric capacity and transmission infrastructure as key assets for integrating variable renewables. It recommends accelerating the electrification of transportation and heating, improving interprovincial grid connectivity, and investing in energy storage to achieve a non-emitting electricity grid by 2035.

A coalition of over 1,000 health professionals and 200 organizations, including the WHO, is calling for a legally binding global plan to phase out fossil fuels. The group highlights that major economies are increasing support for coal, oil, and gas, which undermines climate goals and causes severe health issues, including air pollution and occupational diseases. They propose a fossil fuel non-proliferation treaty based on three pillars: stopping new production, winding down existing use, and ensuring a just transition for affected workers and communities, with high-income countries providing necessary support to developing nations.

The document examines how the Russia-Ukraine war has destabilized energy markets, undermining Russia's role as an 'energy superpower' and creating significant economic pressure on the Global South. It presents three scenarios: 'Stable high' prices, 'Persistent volatility', and 'Business as usual', analyzing how each affects national budgets, regional stability in the Middle East and Africa, and the global transition to renewable energy. The authors argue that while the crisis may incentivize some decarbonization, it also risks locking in fossil fuel production in the Global South and prioritizing immediate energy security over Paris Agreement goals.

The document analyzes the varied diplomatic positions of African nations regarding the Ukraine war, noting a split between those condemning Russia and those maintaining neutrality to preserve bilateral ties. It argues that African states should move from being passive bystanders to proactive actors by mediating peace, filling resource gaps created by sanctions, diversifying commodity imports, and strengthening pan-African unity.

The statement calls for the Glasgow Financial Alliance on Net Zero (GFANZ) to end its support for fossil fuel expansion, citing scientific evidence from the IPCC and IEA that new coal, oil, and gas projects are incompatible with limiting global warming to 1.5°C. It criticizes GFANZ leaders and CEOs from member institutions, such as Citigroup and Standard Chartered, for downplaying the urgency of a transition and for continuing to enable the development of 'carbon bombs'—large-scale projects that threaten the global carbon budget.

Climate researcher Julia Steinberger asserts that the latest IPCC report confirms that tackling fossil fuel production is essential to limiting global warming to 1.5C. She argues that current international frameworks, including the Paris Agreement, are insufficient because they do not explicitly address the production of coal, oil, and gas. To remedy this, she advocates for a Fossil Fuel Non-Proliferation Treaty, a binding global agreement designed to coordinate an equitable phase-out of fossil fuels. The author also links the dependence on fossil fuels to the conflict in Ukraine, suggesting that a transition to renewable energy is necessary for both climate stability and global peace.

Recourse urges development finance institutions (DFIs) to suspend Russia and Belarus as members, divest from their companies, and cease operations in both countries. The organization argues that the war is fueled by a global addiction to fossil fuels and calls for a ban on Russian fossil fuel imports and an end to financial support for fossil fuel infrastructure in Russia to avoid replacing Russian fuels with other fossil fuels like liquefied natural gas.

A coalition of international environmental and social organizations has demanded that a wide range of global banks, insurers, and asset managers immediately stop providing financing, investment, and insurance to Russian coal, oil, and gas companies. The letter argues that financial support for these entities directly fuels the war in Ukraine and contradicts commitments to carbon neutrality. The signatories specifically request the divestment of existing assets and the suspension of services for non-Russian companies still active in Russia, such as TotalEnergies and Wintershall DEA, noting that BP, Shell, Equinor, and ExxonMobil have already committed to withdraw.

Reclaim Finance has issued an open letter to Crédit Agricole's CEO, Philippe Brassac, demanding the bank stop financing fossil fuel companies active in Russia. The organization calls for the blacklisting of companies on the Urgewald Global Coal Exit List and Global Oil and Gas Exit List, specifically mentioning Gazprom. The letter further requests the suspension of support for companies like TotalEnergies, Uniper/Fortum, and Wintershall DEA until they exit Russian operations, arguing that fossil fuel dependence drives both climate change and international conflict.

Reclaim Finance urges Crédit Agricole to stop providing financial services to coal, oil, and gas companies active in Russia, specifically citing the bank's role as a main banker for Gazprom and its support for TotalEnergies. The organization argues that fossil fuel dependence fuels both international conflict and climate change, calling for a shift toward renewables and energy savings to achieve carbon neutrality.

Reclaim Finance calls on Groupe Crédit Agricole to stop financing Russian coal, oil, and gas companies and to divest from them via Amundi. The organization specifically highlights Crédit Agricole's role as a major financier of Gazprom and its significant investment in TotalEnergies, demanding that support for the latter and other non-Russian firms like Fortum/Uniper and Wintershall DEA be suspended until they exit Russian operations.

CIEL condemns Russia's military action in Ukraine as a violation of international law and human rights, while highlighting how oil and natural gas fuel the crisis and are used as economic weapons.

Six NGOs sued TotalEnergies, alleging the company failed to adequately assess human rights and environmental impacts of its Tilenga oil project in Uganda and Tanzania, in violation of France's 2017 Duty of Vigilance Law. The project involves drilling 400 boreholes—some in Murchinson Falls National Park—and is expected to displace approximately 100,000 people. After lower courts ruled the case belonged in a commercial court, the Court of Cassation overturned those decisions on December 15, 2021, ruling that the NGOs, as non-commercial claimants, have the right to choose between a commercial or civil court. The court reasoned that the duty of vigilance is not a commercial act, meaning the case can be heard by a judicial court, which is viewed as less sympathetic to corporate interests than a commercial court.

Recourse urges Multilateral Development Banks (MDBs) to stop all direct and indirect fossil fuel financing and to commit to ambitious climate finance targets at COP26. The statement argues that current pledges, such as the MDBs' $175 billion commitment by 2025, are inadequate. It specifically criticizes the World Bank for promoting gas as a transition fuel through Development Policy Finance, the Asian Infrastructure Investment Bank (AIIB) for a portfolio where fossil fuel spending nearly doubles renewable energy spending, and the Asian Development Bank (ADB) for approving nearly $5 billion in gas project financing since the Paris Agreement. Recourse also calls for the World Bank to match the African Development Bank's pledge of 75 million new off-grid connections by 2025 to address energy deficits in Sub-Saharan Africa.

The 2021 Production Gap Report finds that governments plan to produce significantly more fossil fuels by 2030 than is consistent with limiting global warming to 1.5°C or 2°C, with the gap remaining largely unchanged from previous assessments. While some G20 countries and multilateral development banks have reduced finance for fossil fuel production, over USD 300 billion in new funds have been directed toward fossil fuel activities since the start of the COVID-19 pandemic, exceeding investments in clean energy.