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Trade, climate and finance: breaking the silos to drive ambitious, inclusive action
A coalition of 60 trade ministers asserts that the global trading system must move beyond "business as usual" to support the Paris Agreement. They advocate for breaking silos between trade, finance, and environment ministries to catalyze investment in clean energy, support climate-vulnerable nations, and reform the global financial system to promote net-zero trade finance and sustainable supply chains.
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Document type: Statement
Shareholders turn a blind eye to Carlyle's fossil fuel investments
The Carlyle Group, a major private equity firm with US$382 billion in assets under management, is accused of maintaining a fossil fuel-heavy portfolio that contradicts its net-zero 2050 commitment. Research indicates Carlyle invests sixteen dollars in fossil fuels for every one dollar invested in renewable energy. A key example is Neptune Energy, a company co-founded by Carlyle that continues upstream oil and gas expansion, including in the Barents Sea. The document highlights that Carlyle's shareholders, including major asset managers like BlackRock and Amundi, overwhelmingly supported the re-election of board members at the most recent Annual General Meeting, thereby endorsing a strategy that lacks a public fossil fuel policy and fails to align with a 1.5°C pathway.
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Document type: Statement
Ensuring Grid Reliability in India
The document introduces resource adequacy (RA) as a planning concept to minimize blackouts while balancing costs, specifically focusing on India's new Resource Adequacy Planning Framework released in June 2023. It details the metrics used for reliability, such as loss of load probability (LOLP) and normalized energy not served (NENS), and outlines the roles of the Central Electricity Authority (CEA), National Load Dispatch Center (NLDC), and distribution utilities (Discoms) in executing national and state-level plans. The guide emphasizes that adopting integrated resource planning (IRP) best practices and advanced planning tools will help Discoms manage peak demand and integrate renewable energy more effectively.
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Document type: Guide
Reforming the World Trade Organization
The document analyzes the primary points of contention and potential areas of progress for the WTO's 13th Ministerial Conference (MC13). It highlights the critical need to restore the dispute settlement system, the tension between multilateral and plurilateral negotiating approaches—particularly regarding environmental and industrial policies—and the ongoing debate over special and differential treatment (SDT) for developing countries. It also examines efforts to improve committee transparency and notification compliance.
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Document type: Research paper
Taux d’intérêt vert vs brun : comment faire ?
The document advocates for the European Central Bank (ECB) to create a 'green' versus 'brown' interest rate differential to incentivize sustainable energy and building renovations. It argues that while national subsidies and capital requirements for banks are possible, a targeted ECB mechanism—similar to the TLTROs used during the Covid-19 crisis—would be more effective and consistent with the ECB's mandate to maintain price stability by reducing fossil fuel dependency.
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Document type: Statement
How can the G20 support Africa’s energy transition and sustainable financing priorities and concerns?
The document argues that while African nations have submitted ambitious Nationally Determined Contributions (NDCs), they face a massive climate finance gap and high debt burdens that hinder a just energy transition. It critiques previous G20 presidencies for treating developing countries as a monolith and failing to address Africa's specific needs, such as the disparity between mitigation and adaptation funding. The brief recommends that the Brazilian and South African G20 presidencies focus on increasing the flow and quality of finance through concessional capital, debt-for-nature swaps, and the re-channeling of special drawing rights, while also enhancing Africa's participation in carbon markets and attracting private sector investment.
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Document type: Policy brief
Questions for Candidates 2024
The Union of Concerned Scientists provides a guide for voters to hold 2024 political candidates accountable across several key areas: clean energy and transportation, climate accountability, climate change resilience, food system reform, nuclear weapons policy and justice, and the protection of scientific integrity within federal agencies.
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Document type: Guide
Energy transition: why is this change necessary?
This briefing by Somos El Cambio explains the necessity of the energy transition, defined as phasing out fossil fuels in favor of renewable sources and more efficient energy use to mitigate global warming. It highlights the economic and environmental benefits of this shift, particularly for Latin America and the Caribbean, while emphasizing the need for fairness and equity to avoid repeating the extractivist patterns of the fossil fuel era.
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Document type: Briefing
Carbon Market Watch response to Gold Standard methodology Consultation on a methodology for a just transition through the early phase out of coal-fired power plants
Carbon Market Watch argues that the Gold Standard's proposed methodology for coal plant phase-outs is insufficient due to unpredictable economic and political factors, weak eligibility criteria for renewable energy, and inadequate financial and emissions accounting. The organization recommends stricter timelines for developed economies, more rigorous additionality assessments, and the inclusion of construction emissions to avoid the issuance of low-quality credits.
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Document type: Statement
Finance flows in Western Balkans energy sector
The study identifies US$3.2 billion in energy development finance for five Western Balkan countries between 2008 and 2020, noting that approximately one-third of disbursed funds supported non-renewable energy sources. While disbursement ratios exceeded the global average, the total funding remained insufficient, ranging from 0.15% to 0.62% of the average GDP for the analyzed countries. The research found no established link between the 2016 Paris Agreement and an increase in finance flows for renewable energy projects.
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Document type: Research paper
COMPANIES AND CLIMATE CHANGE
The report evaluates climate transition performance across 18 Asia-Pacific markets and four key sectors: automotive, tech-electronics, healthcare, and basic industries. It finds that while mitigation goals are increasingly integrated into corporate strategies, adaptation and physical risk management remain significantly neglected. Regional analysis highlights Australia and China as leaders in low-carbon transition, while noting that coal still dominates the APAC power mix. Sectoral findings indicate the auto industry is leading in product-level decarbonisation, whereas basic industries show modest progress. The report emphasizes a critical lack of standardised ESG data reporting across all sectors, which hinders accurate assessment of corporate progress.
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Document type: Report
State aid control in the EU
The document explains the EU's State aid control system, which generally prohibits government financial support to companies to protect the internal market unless the European Commission approves it. It details the 'State aid rulebook', including block exemptions and guidelines, and highlights the lack of systematic climate and environmental mainstreaming in these rules. The guide also outlines the procedural challenges for CSOs, who are typically treated as 'third parties' without formal standing to lodge complaints or challenge decisions in EU courts, and provides strategies for CSOs to influence State aid design and transparency.
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Document type: Guide
ClientEarth v Board of Directors of Shell plc Legal Briefing
ClientEarth brought a derivative action against Shell's Board of Directors in the High Court of England and Wales, arguing that the company's Energy Transition Strategy was inadequate and breached sections 172 and 174 of the Companies Act 2006. The claim alleged failures in setting Scope 3 targets, over-reliance on carbon capture and nature-based solutions, and non-compliance with a Dutch court order. Despite support from institutional investors managing over half a trillion USD in assets, the High Court refused permission to continue the claim, citing a lack of formal expert evidence and the wide discretion afforded to directors in management decisions. The Court of Appeal subsequently refused permission to appeal this decision.
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Document type: Briefing
GLOBAL MARKET REPORT
The report examines the global tea market, highlighting the vulnerability of smallholder farmers to price volatility and climate change. It assesses the impact of voluntary sustainability standards (VSSs) like Fairtrade and Rainforest Alliance, noting that while they can provide price floors and premiums, a significant amount of certified tea is still sold as conventional. The document argues for a shift toward more transparent pricing, direct trade, and sustainable land management to ensure living incomes for producers.
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Document type: Report
Exploring the Economic, Social, and Environmental Outcomes of Subsidy Schemes for Electric Vehicles in India
The report evaluates the FAME II policy in India, finding that it generates significant net benefits by replacing internal combustion engine (ICE) vehicles with electric vehicles (EVs). Using the SAVi methodology, the analysis demonstrates that while the conventional benefit-cost ratio (BCR) remains constant at 1.58 across scenarios, the government's BCR increases as its subsidy contribution decreases. The highest cumulative net benefits (INR 1,606.90 billion) occur in the scenario with the lowest government contribution (25%), as this shifts more of the investment burden to consumers while still stimulating EV uptake. The primary drivers of these benefits are the avoided investment and operation costs of ICE vehicles and reduced fuel use, all of which are borne by users rather than the state.
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Document type: Report
A Sustainable Asset Valuation of a Net-Zero Transport Strategy in Indonesia
The report evaluates three primary net-zero transport scenarios for Indonesia: investment in public transport (Scenario 1), 100% private vehicle electrification powered by renewable energy (Scenario 2), and a mixed approach (Scenario 3). Using the SAVi methodology, the analysis finds that Scenario 3 delivers the highest cumulative discounted net benefit of IDR 6,926.03 trillion (USD 450.1 billion) by 2050. While Scenario 2 offers the most attractive benefit-cost ratio (BCR) of 1.97 due to lower infrastructure costs, Scenario 3 provides the greatest overall societal value by combining 'avoid, shift, and improve' strategies. The report emphasizes that achieving net-zero in transport is inextricably linked to the decarbonization of the electricity supply, as sensitivity analyses show that the current energy mix significantly reduces net benefits.
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Document type: Report
Carbón y transiciones justas en el Caribe colombiano
The document analyzes the socio-economic and political challenges of transitioning away from thermal coal in the Colombian Caribbean. It highlights the tension between national economic reliance on coal exports and the local need for socio-ecological transformation. The paper identifies significant barriers, including high regional fiscal dependence on royalties, environmental liabilities from unplanned mine closures, and a centralized power structure that often excludes local communities from decision-making. Using the case of La Jagua de Ibirico, it illustrates the crisis triggered by abrupt mining suspensions, emphasizing the urgency of planned closures and economic diversification to avoid systemic collapse in coal-dependent municipalities.
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Document type: Research paper
Gas Malfunction Calling into Question the Reliability of Gas Power Plants
The document examines the vulnerability of the US gas-fired power plant fleet to extreme winter and summer weather, noting that gas plants are the primary source of generation failures during major storms. It argues that current resource adequacy metrics overvalue gas reliability and recommends transitioning to probabilistic modeling, increasing transparency, and prioritizing renewables, storage, and demand-side solutions to ensure a resilient power grid.
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Document type: Policy brief
Gas Malfunction Calling into Question the Reliability of Gas Power Plants
The document examines the reliability of natural gas power plants in the US, noting that they are disproportionately prone to failure during extreme weather, such as winter storms. It highlights the 2021 Winter Storm Uri as a critical example of how gas plant failures lead to catastrophic blackouts. To improve grid reliability and mitigate climate change, the author recommends transitioning to clean energy solutions—including renewables, energy storage, and demand-side efficiency—and urges regulators to restrict the approval of new gas plants.
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Document type: Executive summary
Strengthening Adoption of Electricity Markets to Enable the Clean Energy Transition in Indian States
The document analyzes the current state of electricity markets in India, noting that while power exchanges (PX) are growing, they only account for 7% of total demand. It identifies key barriers to market adoption, including the dominance of inflexible long-term power purchase agreements (PPAs), unpredictable market clearing prices, and inaccurate supply-demand forecasting. The paper highlights that states like Gujarat and Tamil Nadu could achieve significant fuel cost savings by shifting from PPAs to day-ahead markets (DAMs). It recommends redesigning PPA structures, introducing contracts for differences (CFDs), strengthening institutional market monitoring, and developing state-level resource adequacy frameworks to better integrate variable renewable energy.
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Document type: Research paper