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Global Landscape of Climate Finance 2023
The 'Global Landscape of Climate Finance 2023' executive summary reports that average annual climate finance flows reached nearly USD 1.3 trillion in 2021/2022, nearly doubling from 2019/2020 levels. Despite this growth, current flows represent only about 1% of global GDP and remain heavily concentrated in a few geographies and sectors, primarily mitigation in energy and transport. The report emphasizes a massive gap between current flows and the estimated annual needs, which are projected to rise from USD 8.1 trillion to over USD 10 trillion by 2031-2050 to avoid the worst impacts of climate change.
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Document type: Executive summary
G7 countries must not leave room for fossil fuels, climate destruction
A statement by 181 organizations and supporters from 27 countries urging G7 nations to cease the promotion and financing of fossil fuel-based technologies in developing countries, specifically criticizing Japan's Green Transformation (GX) policy and the continued public financing of fossil fuels despite previous commitments.
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Document type: Statement
Four Ways the G7 Can Show Leadership on Fossil Fuel Phase-Out
This briefing by the International Institute for Sustainable Development (IISD) outlines four strategic areas where G7 nations can demonstrate leadership to accelerate the global phase-out of fossil fuels. It argues that the G7 should set a 2030 deadline for coal phase-out, implement the removal of fossil fuel subsidies, end international public finance for fossil fuels, and commit to ending new oil and gas production to align with the 1.5°C warming limit.
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Document type: Briefing
Shifting Public Financial Flows From Fossil Fuels to Clean Energy Under the Paris Agreement
This report is a submission by the International Institute for Sustainable Development (IISD) Energy Program to the first UNFCCC Global Stocktake. It evaluates the progress of shifting public financial flows—including subsidies, state-owned enterprise investments, and public lending—away from fossil fuels and toward clean energy in alignment with the Paris Agreement.
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Document type: Report
Finance Landscape of Highways and Railroads: Elements for Strengthening the Governance of Infrastructure Investments in the Brazilian Amazon
This report by the Climate Policy Initiative (CPI/PUC-Rio) analyzes the financing landscape for highway and railroad projects in Brazil's North Region and nationwide between 2012 and 2021. It identifies a heavy reliance on public funding, particularly from the federal government and BNDES, while noting a growing but still limited role for private capital via incentivized debentures. The report emphasizes that infrastructure in the Amazon is a primary driver of deforestation and calls for strengthened governance, increased transparency, and rigorous socio-environmental criteria to ensure that future investments do not cause further ecological damage.
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Document type: Report
The equity dimensions of anti-fossil fuel norms
This policy brief from the Stockholm Environment Institute examines the equity implications of emerging 'anti-fossil fuel norms' in international climate governance. It argues that while simple moral norms—such as phasing out coal, oil, gas, and subsidies—are effective for political mobilization, they often overlook the distributional impacts on marginalized communities and low-income countries in the Global South. The authors recommend using 'norm clusters' that pair phase-out goals with financial support, technology transfer, and a recognition of the different capacities of the Global North and Global South to transition.
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Document type: Policy brief
How the European Bank for Reconstruction and Development Can Shift Millions From Fossil Fuels to Clean Energy Through the Glasgow Commitment
This briefing by the International Institute for Sustainable Development analyzes how the European Bank for Reconstruction and Development (EBRD) can implement the Glasgow Statement to end international public finance for fossil fuels and redirect those funds toward clean energy.
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Document type: Briefing
Turning Pledges Into Action
This report evaluates the implementation of the Glasgow Statement, which commits 39 governments and public finance institutions to end international public finance for fossil fuels by the end of 2022. It finds that while USD 28 billion per year could be shifted toward clean energy, most signatories have not yet published aligned policies. The report identifies risks such as gas exemptions and highlights best practices from the UK and Denmark, while using case studies from Ethiopia and Sri Lanka to show how the statement can prevent fossil fuel lock-in in low- and middle-income countries.
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Document type: Report
活況と不況-石炭
This report by Global Energy Monitor and partners analyzes the global status of coal-fired power plants as of April 2022. It highlights a stark divergence between China, which continues to expand its coal capacity, and the rest of the world, where many countries are committing to 'No New Coal' and accelerating plant closures following COP26.
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Document type: Report
석탄의 경제 대전환
This report by Global Energy Monitor and partners analyzes global coal power plant trends as of 2022. It highlights a stark divergence: while many OECD and non-OECD countries are accelerating coal phase-outs and canceling new projects following COP26, China continues to expand its coal capacity, offsetting global reductions. The report also critiques 'clean coal' technologies like Carbon Capture and Storage (CCS) as expensive and ineffective barriers to a true energy transition.
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Document type: Report
YÜKSELIŞ VE ÇÖKÜŞ 2022
The report 'YÜKSELIŞ VE ÇÖKÜŞ 2022' provides a comprehensive tracking of global coal-fired power plants as of April 2022. It highlights a contradictory trend: while many countries and G20 nations have committed to ending international public financing for coal and phasing out existing plants following COP 26, China continues to expand its coal capacity. The document details the decline of coal projects in OECD and non-OECD countries (excluding China), the failure of 'clean coal' technologies like Carbon Capture and Storage (CCS), and specific national trajectories for the US, EU, and Turkey.
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Document type: Report
THE TROUBLE WITH GAS IN INDONESIA
This case study by Trend Asia and partners argues that the World Bank Group's (WBG) continued financial and technical support for gas infrastructure in Indonesia undermines the Paris Agreement and the country's own decarbonisation goals. The document highlights how WBG strategies encourage a transition from coal to gas rather than leapfrogging to renewables, potentially locking Indonesia into fossil fuel dependency for decades.
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Document type: Case study
Using Public Funding to Attract Private Investment in Renewable Energy in Indonesia
This briefing by the International Institute for Sustainable Development examines how the Government of Indonesia can utilize public funding and public financial institutions to attract private investment to meet its renewable energy targets, particularly in the context of its 2022 G20 Presidency.
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Document type: Briefing
2021 Must Mark the End of International Support to Coal, Oil, and Gas
A statement by over 200 civil society organizations calling for an immediate end to international public finance for coal, oil, and gas to align with the 1.5°C warming limit and the Paris Agreement.
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Document type: Statement
Are African oil and gas producers prepared for the energy transition?
This report examines the financial risks faced by African oil and gas producers during the global energy transition, specifically the danger of 'stranded assets' and the vulnerability of National Oil Companies (NOCs). It argues that governments and NOCs often base investment decisions on unrealistic price assumptions and calls for increased transparency and the adoption of Paris Agreement-aligned scenarios to protect public finances.
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Document type: Report
2021 Must Mark the End of International Support to Coal, Oil, and Gas
This statement, published by the International Institute for Sustainable Development in 2021, calls for an immediate end to international public finance for fossil fuels to align with the 1.5°C warming limit of the Paris Agreement. It urges governments and public finance institutions to shift funding toward clean energy and a just transition, particularly for low-income countries in the Global South, ahead of COP 26.
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Document type: Statement
G20 Scorecard of Fossil Fuel Funding: Japan
Japan is ranked second among G20 OECD member countries for its low level of support for fossil fuel use and overall progress, yet it remains the second-highest supplier of public finance for domestic and overseas fossil fuel projects within that group.
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Document type: Fact sheet
Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding
This methodology note describes the framework used by the International Institute for Sustainable Development (IISD) and its partners to track and score government support for fossil fuels across G20 countries between 2014 and 2020.
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Document type: Guide
A Snapshot of Global Adaptation Investment and Tracking Methods
This report by the Climate Policy Initiative (CPI) analyzes global adaptation finance flows for 2015-2016, identifying a significant reliance on public development finance and highlighting critical data gaps in private and domestic public sector tracking. It evaluates the alignment of these flows with regional and country-level vulnerabilities and provides recommendations for improving tracking methodologies to better inform investment.
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Document type: Report
Japan’s Continued Support for Ultra-Supercritical Coal Power is Outdated
This briefing by Global Energy Monitor argues that Japan's policy of financing 'best available technology' for overseas coal power is outdated and counterproductive. It contends that ultra-supercritical plants still emit too much carbon to meet Paris Agreement goals, that Japan's absence would not prevent the use of inferior technologies, and that these investments pose significant financial and environmental risks.
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Document type: Briefing