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2021 Must Mark the End of International Support to Coal, Oil, and Gas
Over 200 civil society organizations are urging world leaders to stop international public finance for fossil fuels, noting that G20 members provide USD 77 billion annually to fossil fuels compared to USD 28 billion for clean energy. The statement calls for an immediate end to support for the entire fossil fuel value chain, the closure of financial loopholes, and increased climate finance for low-income countries in the Global South to ensure a just energy transition ahead of COP 26.
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Document type: Statement
Colorado, United States: State-Level Planning for a Just Transition from Coal
Colorado has established a first-of-its-kind legislative framework to manage the transition from a coal-based energy economy, creating a Just Transition Office and Advisory Committee to support workers and rural communities. The state's strategy includes 11 recommendations for worker retraining and community economic diversification, alongside a securitization mechanism (SB-236) to accelerate the closure of uneconomic coal plants. However, the initiative faces significant challenges, including a lack of clear funding, severe understaffing of the Just Transition Office, and a narrow focus that excludes the natural gas and petroleum sectors.
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Document type: Case study
101 NOBEL LAUREATES URGE COOPERATION TO STOP FOSSIL FUEL EXPANSION
101 Nobel Laureates call for an immediate end to the expansion of fossil fuel production and a fair phase-out of existing production to meet the 1.5°C temperature limit of the Paris Agreement.
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Document type: Statement
2021 Must Mark the End of International Support to Coal, Oil, and Gas
The statement argues that international public finance must shift from fossil fuels to clean energy to meet climate goals. It highlights that G20 members provide significantly more public finance to fossil fuels than to clean energy and calls for an immediate end to all new international public finance for fossil fuel projects across the entire value chain. The document urges governments and financial institutions to avoid loopholes, increase climate finance for the Global South, and prioritize low-income countries through debt relief and grant-based finance, specifically calling for a joint statement and leadership from the United Kingdom ahead of COP 26.
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Document type: Statement
The Production Gap
The document provides the technical appendices for the 2021 Production Gap report, outlining the data sources and calculations used to determine the discrepancy between planned fossil fuel production and climate-consistent levels. It describes the 'countries’ plans and projections' (CPP) pathway, which aggregates data from 15 major producer countries and scales it globally using IEA STEPS. It also details the selection of 1.5°C and 2°C consistent pathways from the IPCC SR1.5 database, applying specific constraints on carbon dioxide removal (CDR) technologies. Finally, it compares the 2021 findings with the 2019 assessment, noting that the overall production gap remains largely unchanged despite minor declines in coal and oil projections.
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Document type: Report
The Production Gap
The 2020 Production Gap report highlights that current government plans for fossil fuel production far exceed the levels necessary to meet Paris Agreement temperature goals. To limit warming to 1.5°C, global production must decline annually by 11% for coal, 4% for oil, and 3% for gas, yet governments are planning annual increases of 2%. By 2030, countries aim to produce 120% more fossil fuels than is consistent with the 1.5°C limit. The report argues that the COVID-19 recovery presents a critical choice: either return to production trajectories that lock in catastrophic warming or implement a managed wind-down of fossil fuels as part of a 'build back better' strategy.
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Document type: Report
Scénarios climatiques : 5 pièges à éviter pour contenir le réchauffement à 1,5°C
The briefing warns that climate scenarios used by financial and corporate actors often lack the ambition required to meet the 1.5°C goal of the Paris Agreement, effectively acting as greenwashing tools. It calls for robust 1.5°C scenarios from agencies like the IEA and urges financial actors to establish clear exit dates from fossil fuels: by 2040 in Europe and 2050 elsewhere for oil and gas, and ten years earlier for coal.
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Document type: Briefing
Principles for Paris-aligned financial institutions
The statement criticizes current financial institution commitments to the Paris Agreement as lacking concrete action and proposes two primary principles for alignment: adopting a commitment by COP26 that all supported projects and companies align with 1.5°C, and implementing processes to measure, disclose, and phase out financed emissions based on science-based targets.
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Document type: Statement
After the oil crash, we need a managed wind-down of fossil fuel production
The authors argue that governments must plan the decline of coal, oil, and gas production to meet the Paris Agreement's 1.5°C limit and avoid further market chaos. They highlight a significant 'production gap,' noting that planned extraction by 2030 exceeds climate-compatible levels by 60% for oil, 70% for gas, and 280% for coal. The text advocates for a 'just transition' that supports fossil fuel workers through diversification, the removal of consumption subsidies—which totaled at least $400 billion in 2018—and the use of green investment to ensure community viability.
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Document type: Statement
Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique
Reclaim Finance argues that Barclays' new fossil fuel policy is inadequate, citing weak exclusion thresholds for coal, flawed metrics for measuring coal exposure, and limited restrictions on oil and gas projects, particularly in the US and Argentina.
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Document type: Statement
CASE STUDY: INDIA
India's energy system is heavily reliant on fossil fuels, which provided 75% of its total energy supply in 2017. The state derives significant revenue from this sector—17.8% of general government revenue in 2017—but also provides substantial subsidies. While India has set ambitious renewable energy targets, including 450 GW, coal is projected to remain a mainstay of the energy mix through 2040. The government faces risks from stranded assets, with approximately 40 GW of coal-fired power plant capacity identified as "non-performing" as of 2018.
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Document type: Case study
CASE STUDY: CHINA
The document analyzes China's heavy reliance on fossil fuels, particularly coal, and the fiscal implications of this dependence. It details the structure of government revenues from fossil fuels, the influence of state-owned enterprises, and the prevalence of subsidies. While China has implemented policies to reduce coal overcapacity and peak emissions by 2030, it continues to provide significant subsidies and finance fossil fuel projects internationally through the Belt and Road Initiative.
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Document type: Case study
Cerrando la brecha de producción de combustibles fósiles
The document highlights a significant gap between projected fossil fuel production for 2030 and the levels required to limit global warming to 1.5°C or 2°C. It warns that expanding coal, oil, and gas production creates infrastructure lock-in that makes emission reductions more difficult and costly. Preliminary findings indicate that by 2030, the world is on track to produce 50% more fossil fuels than a 2°C pathway allows and 120% more than a 1.5°C pathway allows.
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Document type: Executive summary
Closing the fossil fuel production gap | SEI
The document highlights a significant 'production gap' where planned fossil fuel production exceeds levels consistent with the Paris Agreement. Preliminary findings indicate that by 2030, the world is on track to produce 50% more fossil fuels than a 2°C pathway allows and 120% more than a 1.5°C pathway. This expansion risks locking in infrastructure that undermines emission reduction pledges and climate ambitions.
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Document type: Briefing
The elephant in the room: fossil fuel non-proliferation
The authors propose a Fossil Fuel Non-Proliferation Treaty (FF-NPT) based on three pillars: non-proliferation of new reserves, disarmament of existing infrastructure, and financing low-carbon alternatives. This proposal addresses the gap in the Paris Agreement, which does not mention fossil fuels despite their role as the primary cause of the climate crisis. The authors highlight that 80% of coal, oil, and gas reserves are un-burnable if warming is to be kept below 2°C, and they point to existing national moratoria in countries like New Zealand and France as evidence of growing political momentum for supply-side climate policy.
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Document type: Statement
BRICS — energy cooperation: why Russia and South Africa still need each other
The document analyzes the energy partnership between Russia and South Africa, noting that while a $76-billion nuclear deal was declared unlawful and abandoned, both nations maintain a strategic need for cooperation. Russia seeks to diversify its export markets through a 'Pivot to the East' to reduce vulnerability to global commodity shocks, while South Africa seeks to resolve a chronic electricity crisis. Current cooperation has shifted toward smaller-scale projects, such as an agreement between Rosatom and the South African government to build mini hydropower plants in Mpumalanga to power rural areas.
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Document type: Research paper
Beyond Fossil Fuels: Indonesia's fiscal transition
The report analyzes Indonesia's fiscal shift from fossil fuel dependence, noting a significant drop in upstream oil and gas revenues from 35% of total revenues in 2001 to 6% in 2016. It argues that current fuel and electricity subsidies are inefficient and that the government underutilizes the fiscal space available through energy consumption taxes compared to other BRIICS countries. The document advocates for investing subsidy savings and fossil fuel taxes into social development, economic diversification, and renewable energy.
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Document type: Report
Nous devons réclamer un nouveau système énergétique international qui convienne aux gens et à la planète
Friends of the Earth International calls for an immediate transition from a pollutant-heavy energy system to a decentralized, people-led model. The statement rejects 'false solutions' like carbon capture and argues that developed nations must take primary responsibility for emissions reductions and financial transfers to the Global South to ensure a just transition.
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Document type: Statement
EPA Report on Biofuels Environmental Impacts Misses the Fore
The Environmental and Energy Study Institute criticizes a June 30, 2018, EPA report for omitting a comparative analysis between biofuels and petroleum. The statement asserts that biofuels generally offer better environmental and health outcomes than fossil fuels and highlights the role of cellulosic fuels in reducing methane emissions and waste. It further argues that biofuels are essential for meeting Paris Climate Accord goals, particularly in hard-to-electrify sectors like aviation and shipping.
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Document type: Statement
G7 Fossil Fuel Subsidy Scorecard: Tracking the phase-out of fiscal support and public finance for oil, gas and coal
The G7 Fossil Fuel Subsidy Scorecard reveals that G7 governments continue to provide substantial financial support to fossil fuels despite commitments to phase them out by 2025. Analysis shows that in 2015 and 2016, G7 nations provided at least USD 100 billion annually in subsidies and public finance, failing to implement mechanisms to document the full extent of this support or ensure accountability.
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Document type: Briefing