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G7 countries must not leave room for fossil fuels climate destruction
A coalition of 181 organizations calls on G7 leaders to end the promotion of 'false energy transition solutions'—specifically Japan's Green Transformation (GX) policy—and to cease all international public finance for fossil fuels. The statement argues that current G7 commitments are insufficient, citing continued investments in gas and ammonia co-firing in Southeast Asia and Africa, and urges a shift toward renewable energy and fair funding mechanisms for the Global South.
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Document type: Statement
The Rebirth: Tunisia’s potential development pathways to 2040
Tunisia faces stagnant economic growth, high youth unemployment, and a large informal sector despite strong human capital. The report identifies a 'Current Path' of slow growth and vulnerability to food price shocks and climate change, while proposing three alternative scenarios. These scenarios emphasize that improving governance, reducing inefficient subsidies, and enhancing education quality are foundational to any successful transition. The 'Sustainability & Equality' pathway is highlighted as the most effective for reducing extreme poverty and carbon emissions, while 'Going for Growth' offers the highest GDP increase through FDI and industrial promotion.
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Document type: Report
GreenLatinos Statement on EPA's Power Plant Carbon Rules to Cut Climate Pollution from the Fossil Fuel Industry
GreenLatinos supports the EPA's proposal to set carbon pollution limits for coal and gas power plants to meet U.S. climate goals, but expresses concern over the reliance on carbon capture and sequestration (CCS) and hydrogen blending. The organization advocates for the use of Inflation Reduction Act incentives to prioritize wind, solar, and battery storage over nascent technologies that could perpetuate environmental injustices in Latino/a/e and fenceline communities.
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Document type: Statement
Declaración de GreenLatinos sobre las reglas de carbono de las plantas de energía de la EPA para reducir la contaminación climática de la industria de combustibles fósiles
GreenLatinos supports the EPA's proposal to set enforceable carbon pollution limits for coal and gas power plants to help the U.S. reach its 2030 and 2050 climate goals. However, the organization warns against the use of carbon capture and sequestration (CCS) and hydrogen blending, arguing these unproven technologies could extend the life of the fossil fuel industry and harm frontline communities. GreenLatinos urges the Biden Administration to prioritize 100% renewable energy sources, such as wind and solar, and to ensure that the transition is centered on equity and justice for Latino communities.
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Document type: Statement
expansion-petro-gaziere-bnp-paribas-epargne-ses-principaux-clients
BNP Paribas has announced new restrictions on financing new oil and gas fields and floating production storage and offloading (FPSO) units, as well as a commitment to stop financing companies specialized in oil production. However, Reclaim Finance argues these measures are inadequate because they do not cover liquefied natural gas (LNG) terminals or corporate bonds, and they allow the bank to continue providing general financial services to major integrated oil and gas companies. Since 2016, BNP Paribas has provided over $45 billion to nine major European and US oil and gas firms, representing 27% of its total sector financing.
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Document type: Statement
Bangladesh's reliance on LNG increases financial, energy and climate risks
Bangladesh has significantly increased its reliance on imported LNG to meet rising electricity demand as domestic gas reserves decline, but this has left the country vulnerable to global price volatility and supply shocks. This reliance has led to widespread power cuts, industrial losses, and increased electricity costs, while renewable energy growth has stagnated, accounting for only 2% of electricity generation by 2022. The report warns that continued investment in gas infrastructure risks creating stranded assets and exacerbating climate change, to which Bangladesh is highly vulnerable. Specifically, heat stress is projected to cause significant GDP losses and labour productivity declines by 2030. The document argues that scaling up solar and wind power is a cheaper, more reliable alternative that would reduce financial risk and climate vulnerability.
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Document type: Report
Beware using Karpowership as a temporary electricity solution
The author contends that while South Africa requires urgent energy stabilization, the proposed Karpowership deal is an exorbitant and risky option. The text highlights the need for grid reconfiguration to support renewable energy and suggests that short-term gas needs could be more cost-effectively met via Mozambique rather than a 20-year contract with a company accused of circumventing environmental regulations.
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Document type: Statement
Research findings Assessment on Power Sector Data Transparency in Asia
The assessment finds that data transparency in Asia is generally insufficient, with 24 out of 39 economies scoring poorly. While high-income nations and a few lower-middle income economies like India, Bangladesh, and Sri Lanka show better transparency, the region overall struggles with publishing lags, geographical granularity, and time granularity. Only seven economies provide hourly data, and 75% of economies fail to make data available in a timely manner, hindering the analysis required for a renewable energy transition.
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Document type: Report
Asia Data Transparency Report 2023
The Asia Data Transparency Report 2023 finds that over half of the surveyed Asian economies have poor or insufficient power sector data transparency, affecting the electricity needs of 684 million people. While high-income economies generally score better, some lower-middle income nations like India, Bangladesh, and Sri Lanka are demonstrating good practice. The report emphasizes that granular, real-time, and open-access data is essential for grid optimization and evidence-based policymaking to meet decarbonisation targets. It highlights a successful public-private partnership in India between NITI Aayog and the Vasudha Foundation and provides nine practical recommendations for improving data governance, including the use of machine-readable formats and unique identifiers.
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Document type: Report
Do French banks finance renewable energy?
Reclaim Finance argues that major French banks are failing to support the energy transition, continuing to provide significant funding to fossil fuels while lacking transparent perimeters and sufficient targets for sustainable energy investment. The analysis highlights a gap between the banks' public references to the IEA's Net-Zero Emission scenario and their actual financial commitments, which do not meet the required 5:1 ratio of clean energy to fossil fuel investment by 2030.
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Document type: Statement
Les banques françaises financent-elles les énergies renouvelables ?
Reclaim Finance argues that major French banks—BNP Paribas, Crédit Agricole, Société Générale, and BPCE/Natixis—are failing to support the energy transition. Despite referencing the IEA's Net-Zero Emissions (NZE) scenario, these banks continue to provide significant funding to fossil fuels (over US$ 47 billion in 2022 for the top 100 fossil fuel companies) and lack transparent definitions of what constitutes 'sustainable' or 'clean' energy. The report highlights that none of these banks have committed to the IEA-recommended 5:1 ratio of clean energy investment versus fossil fuel investment by 2030, nor have they established transparent perimeters that exclude non-sustainable solutions like biomass or waste-to-energy.
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Document type: Statement
Programme for Integrated Development and Adaptation to Climate Change in the Zambezi Watercourse (PIDACC-Zambezi)
The PIDACC-Zambezi programme seeks USD 100 million from the Green Climate Fund (GCF) to complement a total budget of USD 312.3 million. It targets the Zambezi Watercourse, where climate change is causing increased drought, flooding, and reduced hydropower potential. The programme focuses on four components: building community resilience through infrastructure and agribusiness, strengthening integrated landscape management, enhancing adaptive and institutional capacity, and programme coordination. Key targets include benefiting 3.79 million direct beneficiaries, restoring 970,000 hectares of degraded land, and reducing emissions by 37.1 million tCO2eq. The initiative emphasizes the use of digital technologies, carbon farming via the Boomitra model, and the establishment of a Direct Credit Window to de-risk private sector investment in agribusiness.
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Document type: Report
中国可持续债券市场报告 2022
The report provides a comprehensive overview of China's sustainable bond market in 2022, highlighting the record-breaking growth of green bonds and the emergence of transition finance tools. It details the scale of issuance, the shift toward stricter standards, the role of different issuers, and the specific application of sustainability-linked bonds (SLBs) and transition bonds in heavy industries.
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Document type: Report
CHINA SUSTAINABLE DEBT STATE OF THE MARKET REPORT 2022
The report details the growth and composition of China's GSS+ debt market, highlighting that China was the largest global source of green bonds in 2022. It examines the shift toward 100% use-of-proceeds alignment, the emergence of transition finance for hard-to-abate sectors, and the dominance of rural revitalisation in the social bond segment.
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Document type: Report
ESTADO DEL MERCADO DE LAS FINANZAS SOSTENIBLES EN COLOMBIA 2022
The report provides a comprehensive overview of Colombia's sustainable debt market, which reached USD 2.4 billion by the end of 2022. It details the dominance of green bonds, the emergence of sustainability-linked bonds, and the role of the Colombian Green Taxonomy in guiding investments. The document also examines the country's climate vulnerability, the policy framework for adaptation and resilience, and specific opportunities across economic sectors such as energy, transport, and construction to support a low-carbon transition.
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Document type: Report
COLOMBIA SUSTAINABLE FINANCE STATE OF THE MARKET 2022
As of the end of 2022, Colombia's GSS+ debt market totaled USD 2.4 billion, with green bonds being the most prominent segment at USD 1.3 billion. The market is characterized by a strong sovereign presence and a growing regulatory framework, including the pioneering Colombian Green Taxonomy. While the market is primarily domestic, there is significant potential for growth in hard-to-abate sectors through sustainability-linked bonds and in nature-based solutions for climate adaptation. The report recommends scaling sovereign issuance, establishing green securitization facilities, and expanding the taxonomy to include biodiversity and circular economy objectives.
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Document type: Report
Briefing on the GBER
The revised General Block Exemption Regulation (GBER), approved on 9 March 2023 and applicable until the end of 2026, allows EU Member States to grant State aid for green transition projects without prior European Commission notification if specific conditions are met. While it introduces new support for clean mobility, biodiversity restoration, and renewable energy communities, it also maintains loopholes for fossil gas through high-efficiency cogeneration, gas-fired district heating, and carbon capture, use and storage (CCUS). The regulation significantly raises financial notification thresholds and aid intensity rates to accelerate the Green Deal Industrial Plan, though it lacks an explicit 'energy efficiency first' principle and faces criticism for poor transparency in aid reporting.
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Document type: Briefing
Improving Local Enabling Conditions for Private Sector Climate Investments in Cities
The report identifies barriers to private urban climate investment across macro, city, and project levels, and provides recommendations for city governments, public sector partners, and private/third sector entities to improve enabling conditions. It analyzes five case studies from Chile, Ecuador, India, South Africa, and Turkiye to highlight success factors such as bulk procurement, green bonds, and strategic partnerships.
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Document type: Report
Vulnerability Assessment of Mineral-Rich States to Energy Transition
The briefing identifies Odisha, Chhattisgarh, and Jharkhand as the most vulnerable Indian states to the energy transition due to their heavy reliance on coal production and power generation. The assessment uses a multi-dimensional framework—covering fiscal losses, climate risks, socioeconomic impacts, diversification potential, and political economy—to rank states. Odisha is ranked as the most vulnerable, primarily due to high physical climate risks and high CSR dependency, while West Bengal is the least vulnerable due to a more diversified economy, despite having the highest fiscal deficit among the group.
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Document type: Briefing
توجیھات لصانعي السیاسات
The briefing advocates for a global Fossil Fuel Non-Proliferation Treaty based on three pillars: ending new exploration and production, phasing out existing production equitably, and enabling a just global transition. It outlines the necessity of international coordination to address the supply side of climate change, noting that current global production plans exceed 1.5°C limits. The document provides a roadmap for governments to support the treaty through public endorsements, diplomatic engagement, and domestic policy measures such as removing subsidies and restricting new infrastructure.
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Document type: Briefing