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The document urges investors to vote against Total's fourteenth and sixth resolutions at its May 2021 AGM, claiming the company's climate strategy is insufficient. It highlights a lack of precise global scope 3 emission targets, planned increases in gas production, and continued investment in new oil projects in East Africa. The authors argue that Total's reliance on carbon capture and storage (CCS) is unrealistic and that its capital expenditure remains heavily skewed toward fossil fuels, creating a risk of stranded assets.

The We Mean Business coalition asserts that ending coal dependence is critical for limiting global warming and achieving 2030 and 2050 climate targets. It advocates for a full phase-out of coal power in advanced economies by 2030 and globally by 2040, noting that renewables now outcompete new coal virtually everywhere. The text highlights a shift in the private sector, with major insurers and mining companies divesting from coal, and emphasizes that a transition to clean power would improve public health and create more jobs than traditional economic stimulus measures.

The report finds that private equity energy funds have consistently underperformed broader private equity benchmarks, with many losing money. This is attributed to high bankruptcy rates among debt-laden private equity-backed oil and gas companies, a collapse in buyer demand for fossil fuel assets, and a global transition toward renewable energy. The document highlights that the COVID-19 pandemic accelerated these trends, leading to a 'structural shift' where fossil fuel demand is unlikely to return to pre-pandemic levels.

The briefing examines how the IFC's Green Equity Approach (GEA) fails to prevent continued fossil fuel finance through financial intermediary clients. It highlights cases where GEA clients funded new coal plants and identifies significant IFC equity exposure to oil and gas projects globally. The authors call for a public review of the GEA and a total phase-out of fossil fuel finance in IFC's financial intermediary portfolio.

Reclaim Finance argues that Engie's plan to exit coal is a 'non-annonce' because it prioritizes selling assets or converting them to gas and biomass instead of ensuring full closures. The organization warns that converting to gas or biomass fails to align with climate science and risks creating stranded assets. Furthermore, the document claims that selling plants does not reduce global CO2e emissions and that Engie's current 2°C target is insufficient to reach carbon neutrality by 2050.

Reclaim Finance argues that Engie's coal exit plan is insufficient because it allows for the conversion of plants to gas or biomass and the sale of assets to other companies, which does not guarantee actual emission reductions or protect workers.

ClientEarth argues that HSBC faces significant financial, reputational, and legal risks by continuing to finance fossil fuels. The organization supports a shareholder resolution calling for a Paris-aligned strategy with short, medium, and long-term targets, specifically starting with coal. ClientEarth contends that HSBC's current net zero ambitions and transition financing pledges are insufficient without a concrete plan to reduce fossil fuel exposure, noting that the bank is Europe's second largest financier of fossil fuels.

The report argues that ENGIE's transition strategy is not aligned with the Paris Agreement due to the lack of confirmed shutdown dates for 70% of its remaining coal fleet and a reliance on converting coal plants to fossil gas and biomass. While ENGIE aims for renewables to provide 58% of its power by 2030, the document identifies significant financial and regulatory risks associated with its gas and biomass assets, including the potential for stranded assets and high methane emissions from shale gas procurement.

The report identifies a $1 trillion stranded asset risk associated with 212,000 km of planned oil and gas pipeline expansions. It highlights that gas dominates new developments, with 82.7% of pipelines in development carrying gas. The U.S. and China are leading in capacity and length growth, respectively. The document argues that this expansion is incompatible with net-zero commitments and will lock in significant CO2 emissions, while noting a trend of increasing social and legal opposition to such projects.

The document argues that Total SE's carbon neutrality ambitions are 'window dressing' because they exclude global Scope 3 emissions and forecast increased hydrocarbon production. It highlights the contradiction between the climate pledges of major French banks and insurers and their continued financing of Total SE, including controversial projects like the East African Crude Oil Pipeline (EACOP).

The document analyzes the gap between Total SE's public climate ambitions and its actual business strategy, which continues to prioritize fossil fuel expansion. It highlights the role of French banks and investors in supporting this model and calls for a shift toward absolute emission reductions and the cessation of new fossil fuel projects.

The briefing argues that achieving a 1.5°C future requires substantial reductions in absolute energy use, which can be achieved through incremental gains, technological breakthroughs, and systems-level design. It contends that traditional energy models, which rely on extrapolating past supply, systematically underestimate the potential of efficiency. Using Tesla as a case study, the document demonstrates how integrated design across the supply chain can drastically reduce costs and resource use. It recommends that businesses and policymakers move toward service-oriented models and innovate across supply chains to avoid stranded assets and capture new economic opportunities.

A joint letter from civil society organizations calling on the European Commission to prevent the adoption of unsustainable fuels in the maritime and aviation sectors. The authors argue that crop-based biofuels and liquefied natural gas (LNG) may increase emissions or create stranded assets, and instead advocate for the promotion of green electro-fuels produced from renewable electricity to support the European Green Deal's 2050 carbon neutrality goal.

The briefing argues that while climate change is unlikely to be the primary ideological driver for terrorist groups, it acts as a risk multiplier. It identifies three channels of impact: the creation of recruitment opportunities due to food and livelihood insecurity; the erosion of state legitimacy when governments fail to respond effectively to climate-induced disasters; and the security instabilities caused by the global energy transition, which may strand assets in hydrocarbon-exporting states and increase the value of critical minerals in fragile regions.

The report examines the economic advantages of aggressive decarbonization in China, highlighting that solar and wind power have become more cost-competitive than coal. It argues that a faster transition to clean energy will enhance China's global export position in solar PV and electric vehicles, reduce stranded asset risks associated with coal, and provide significant co-benefits in air quality and energy security. The authors advocate for peaking emissions by 2025 and implementing a combination of carbon pricing, performance standards, and green finance to ensure a high-quality economic transition.

The report examines the physical and economic consequences of delaying climate action. It argues that because CO2 persists in the atmosphere and natural carbon sinks are saturating, stabilizing concentrations requires emissions to reach nearly zero. Delaying this transition increases the risk of nonlinear 'tipping points,' such as methane release from the Arctic, and leads to higher costs due to the need for more aggressive deployment of clean energy and the premature retirement of polluting assets. Using the Energy Policy Simulator for the U.S., the report finds that delaying action until 2030 increases the net present value of expenditures by 72% compared to starting in 2021.

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.

The document examines the Colombian financial sector's integration of climate change into decision-making, highlighting that while some green finance initiatives exist, most private flows remain inconsistent with a low-carbon economy. It identifies significant risks of 'stranded assets' in Colombia's coal mining and power sectors, citing the cases of Prodeco and Cerrejón. The brief argues that financial institutions must move beyond symbolic commitments to tangible phase-out plans and provides examples of international banking policies that restrict coal financing to guide the Colombian sector toward a just transition.

The report examines the emerging role of the TCFD framework in South Africa, noting that while awareness is growing, actual implementation remains low. It highlights that the banking and extractive resource sectors are leading adoption due to investor pressure, while pension funds and private equity investors are lagging. Key barriers include 'first mover fear', reporting fatigue from multiple frameworks, and a lack of technical skills for scenario analysis. The document argues that TCFD adoption is critical for South Africa's economic resilience given its high reliance on coal and vulnerability to extreme weather.

Reclaim Finance criticizes BlackRock's 2021 Stewardship Expectations, arguing that the asset manager's commitment to support more climate-related shareholder votes is undermined by a lack of robust engagement strategies. The document highlights that BlackRock supported only 11% of climate resolutions in 2020 and continues to invest in companies expanding fossil fuel infrastructure, including 240 companies planning new coal projects. Reclaim Finance asserts that effective engagement requires public, time-bound demands for 1.5ºC alignment and absolute emission reductions by 2030, alongside the use of divestment for non-transitioning companies.