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Reclaim Finance calls for the financial sector to stop funding fossil fuel projects in critical biodiversity areas, arguing that current biodiversity commitments are inadequate and that the fossil fuel industry is a primary driver of ecosystem collapse and climate change.

The document asserts that private finance continues to bankroll the fossil fuel industry despite net-zero alliances, which have largely collapsed or been gutted due to industry backlash. It calls for regulators to mandate climate transition plans, exclude fossil fuel assets from central bank collateral frameworks, and pass legislation to choke off funding for fossil fuels. While some progress is noted in coal restrictions and specific European institutional investor pledges, the author maintains that binding regulation is essential to ensure private capital accelerates rather than obstructs the global energy transition.

The report argues that subnational governments are critical to the global transition away from fossil fuels because extraction facilities, workforces, and communities are located within their jurisdictions. It recommends that these governments diversify local economies, develop time-bound and financed transition roadmaps, and reduce Scope 1 and 2 emissions from existing operations. The document emphasizes that emissions reductions should complement rather than replace the transition away from production. It also advocates for multilevel policy alignment and international cooperation through alliances such as the Beyond Oil and Gas Alliance and the Powering Past Coal Alliance.

The document examines 58 active fossil fuel production restrictions across 25 countries and 27 subnational jurisdictions, noting a sharp increase in such policies since the 2010s. It highlights that while these measures are expanding, they remain politically fragile and susceptible to rollbacks during high energy price cycles or government changes. The analysis emphasizes the role of subnational governments as early adopters and the importance of strong legal anchoring to prevent repeals.

The document outlines three distinct 'tracks' for a just transition from fossil fuels. The UNFCCC and Paris Agreement provide a universal framework for emissions reduction but lack explicit obligations on fossil fuel production due to their consensus-based structure. The COP30 Presidency Roadmap, led by Brazil, serves as a non-binding, non-negotiated forum to facilitate political dialogue and identify barriers to transition. The proposed Fossil Fuel Treaty seeks to fill the governance gap by establishing binding, supply-side commitments through a coalition of high-ambition states, focusing on ending new project expansion, implementing a science-based phase-out, and providing just transition finance.

The report analyzes the limitations of the UNFCCC's consensus-based model and the non-binding nature of Brazil's COP30 Roadmap, arguing for a binding Fossil Fuel Treaty to regulate supply and ensure a just transition.

The briefing compares three pathways for a just transition from fossil fuels. It notes that while the UNFCCC provides a universal framework for emissions, it lacks explicit obligations for fossil fuel production. Brazil's COP30 'Roadmap' serves as a non-binding political dialogue to identify transition barriers. The proposed Fossil Fuel Treaty aims to fill governance gaps through binding commitments to end new project expansion, implement science-based phase-outs, and provide financial support for affected communities.

The report argues that subnational governments are critical to the global energy transition because extraction facilities and workforces are located within their territories. It presents a toolkit of financial, regulatory, and enabling tools to help these governments phase out production, reduce environmental impacts, and diversify local economies. The authors categorize subnational regions into four types based on their production status and reserves, noting that early movers can reduce transition risks and attract low-carbon investment. Key recommendations include developing time-bound, sequenced, and financed roadmaps and avoiding diversification into carbon-intensive downstream activities like refining or petrochemicals.

The IISD recommends that the EU uphold its commitment to keep oil, coal, and gas in the ground within the Arctic to align with net-zero pathways, reduce geopolitical security risks associated with the Barents Sea, and protect fragile ecosystems from oil spills and noise pollution. The document further suggests a clear phase-out timeline for fossil fuel imports originating from north of the Arctic Circle, including the northern Norwegian and Barents seas, to maintain the EU's credibility as a climate leader alongside partners like Canada and Greenland.

The report examines the challenges and opportunities for African energy exporters facing the EU Methane Regulation, which imposes extraterritorial monitoring, reporting, and verification (MRV) standards on imports. While Africa accounts for nearly 13% of global methane emissions, the continent faces significant financing gaps and technical barriers to compliance. The authors argue that while the regulation threatens export revenues, it provides a strategic opportunity to adopt low-cost abatement technologies. Key recommendations include mobilising innovative financing like transition bonds, establishing local independent verification capacity, and harmonising MRV standards to maintain market access to the EU.

The report examines how Africa is trapped in a cycle of debt and fossil fuel dependency, which disproportionately harms women and girls. It argues that the global financial architecture forces African nations into austerity and resource extraction, leading to 'petro-masculinity' and systemic gender-based violence. The authors advocate for a 'feminist decolonial green economy' and a Fossil Fuel Treaty to enable a just transition through debt cancellation and redistributive finance.

The document analyzes how a 2025 ICJ Advisory Opinion establishes that states must include end-use emissions (downstream effects) in environmental impact assessments (EIAs) for fossil fuel projects. It highlights that while the opinion is non-binding, it provides authoritative legal guidance that is already influencing national and regional courts in the UK, Norway, and the EU. The brief recommends that governments update their regulations to require the quantification of combustion emissions and align these assessments with global climate objectives, such as IPCC 1.5°C pathways, to mitigate legal risks.

The document examines how a July 2025 International Court of Justice (ICJ) advisory opinion mandates that environmental impact assessments (EIAs) for fossil fuel projects include emissions from the final combustion of the extracted fuels. It highlights that while states determine the exact content of EIAs, they must account for downstream effects to meet due diligence and Paris Agreement obligations. The briefing cites precedents in the UK and EFTA Court, as well as subsequent rulings by the European Court of Human Rights and the Borgarting Court of Appeal, to demonstrate the growing legal requirement to quantify end-use greenhouse gas emissions.

The document outlines a structured approach to the global transition away from fossil fuels (TAFF), emphasizing that current production and consumption plans are misaligned with 1.5°C pathways. It proposes that effective TAFF roadmaps must be anchored in science, justice, and national ownership, while integrating elements such as subsidy reform, economic diversification, and decommissioning. The guide highlights the necessity of international coordination between producer and consumer countries to manage systemic risks, reform global finance, and ensure a just and orderly transition.

A February 2026 survey of 749 registered Hawai‘i voters reveals that 85% view rising homeowners insurance costs as a serious problem, with 79% of homeowners experiencing rate increases in the last 2-3 years. While voters attribute these increases to various factors, including insurance industry profits (31%) and climate change (19%), there is significant support for state intervention. Specifically, 82% favor greater regulations to limit policy cancellations, and 61% support legislation allowing the State of Hawai‘i to sue oil and gas companies to recover insurance-related costs stemming from extreme weather disasters worsened by climate change.

The document argues that the UK government's decision on the Rosebank oil field is a critical test of climate leadership. It highlights public support for clean energy and a desire for strong leadership against polluting businesses, while noting a lingering sense of identity and pride tied to the fossil fuel industry. In Scotland, there is a specific demand for the Scottish Government's perspective to be incorporated into the decision-making process.

The document translates the ICJ's advisory opinion into practical tools for climate litigation, focusing on the 'stringent due diligence' States must exercise to regulate private actors, particularly in the fossil fuel industry. It highlights that States may be in breach of international obligations if they fail to prevent significant climate harm through the production, licensing, or subsidizing of fossil fuels. The brief also connects these findings to specific case categories, including licensing, duty to regulate, corporate frameworks, accountability for loss and damage, and greenwashing, emphasizing the 1.5°C temperature goal as a legal standard.

The report finds that most leading financial institutions (FIs) have only begun to integrate methane into their transition plans, with significant gaps in target setting and a near-total lack of action regarding agrifood systems. While some FIs show partial action in implementation—particularly in risk strategy and policy engagement—most fail to disclose specific financed methane emissions data. The study highlights a disparity between the oil and gas sector, where some risk management exists, and the agrifood sector, which remains largely unaddressed despite its high emissions potential.

The report inventories 130 support measures across six energy types in Indonesia: oil and gas, coal, electricity, renewable energy, biofuels, and electric vehicles (EVs). It details various mechanisms including direct financial transfers, tax exemptions, and price regulations. For the period FY 2021 to FY 2024, 27% of these measures were quantified using official government data, while 64% remained unquantified due to data limitations. The annex provides specific legislative references and nominal values in IDR and USD for each measure.

The document argues that Romania possesses significant untapped geothermal potential, particularly in the Western Plain, but is hindered by outdated data and regulatory barriers. While Romania ranked sixth in the EU for gross geothermal heat production in 2024, it has no geothermal electricity projects. The report suggests leveraging the existing oil and gas workforce and infrastructure to reduce costs and recommends establishing a one-stop-shop permitting mechanism and targeted financial risk-sharing for exploration.