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Reclaim Finance argues that Barclays' updated climate policies are insufficient and misleading, claiming the bank continues to support oil and gas expansion through corporate finance and vague frameworks. The analysis asserts that the bank's Transition Finance Framework includes problematic technologies like 'blue' hydrogen and CCUS, while failing to set specific, science-based financing targets for sustainable power.

The Canadian Climate Institute examines how to integrate oil and gas decarbonization projects into a proposed national Climate Investment Taxonomy. While most global taxonomies focus on 'green' labels for net-zero activities, the authors advocate for a 'transition' category to unlock funding for hard-to-decarbonize sectors. The paper suggests a high-bar approach using specific criteria to ensure projects align with 1.5°C pathways and avoid carbon lock-in, focusing on three key areas: Scope 3 emissions risks, the distinction between new and existing facilities, and the alignment of project lifespans with climate targets.

The report argues that Japan can mitigate national security risks from high energy import dependency by rapidly expanding domestic renewables and upgrading its power grid. It proposes that Japan leverage its capital and technical expertise to lead transition solutions in ASEAN countries and transform Tokyo into a global center for transition finance by aligning with international standards like the Climate Bonds Standards.

The briefing argues that Japan can mitigate its high reliance on energy imports—currently 99.7% for oil, 97.7% for LNG, and 99.6% for coal—by rapidly expanding domestic renewables and upgrading its national grid. It recommends implementing a JPY 7 trillion 'Master Plan' for interregional transmission to connect resources in Hokkaido and Kyushu to Tokyo. Internationally, the document urges Japan to lead ASEAN countries in transition and disaster resilience while ensuring its own transition measures remain science-based. It specifically warns against the use of LNG as a transition fuel due to methane leakage, noting one study found the GHG footprint of US LNG is 33% greater than coal using GWP20. Finally, it proposes leveraging Japan's financial sector and the GX Plan to make Tokyo a global hub for transition finance through supportive fund management rules and alignment with international standards.

The report outlines 18 recommendations from an Independent Technical Advisory Group (ITAG) for creating a sustainable finance taxonomy in Aotearoa New Zealand. Key proposals include a three-tiered governance structure, the adoption of the ANZSIC classification system, and a focus on five priority sectors: Agriculture, Forestry & Fishery, Transport, Construction & Real Estate, Energy, and Industrial Manufacturing. The framework emphasizes interoperability with international standards, particularly the Australian Taxonomy, and the integration of iwi/Māori knowledge and rights. It suggests a voluntary initial application phase and the inclusion of a 'transition' category, potentially using a traffic light system to label activities moving toward a 1.5-degree pathway.

The report outlines a methodology to distinguish between green, transition, and phase-down activities to mobilise private capital for Australia's net zero goals. It defines 'green' activities as consistent with Paris Agreement goals and 'transition' activities as those with a continued role in a net zero economy that lack low-carbon alternatives. The methodology recommends using internationally recognised 1.5°C aligned climate-science scenarios, specifically from the IEA and Climateworks, to objectively determine eligibility and avoid greenwashing and carbon lock-in.

The report identifies significant barriers to 'stacking' (combining) multiple financial incentives for US residential energy retrofits, including complex application processes, inconsistent performance standards, and funding gaps for health and safety repairs. It analyzes the interaction between Inflation Reduction Act (IRA) tax credits and rebates, noting that while clean energy retrofits can be more affordable than fossil fuel alternatives after incentives, low-income households often lack the 'tax appetite' to benefit from tax credits. RMI recommends that state program administrators prioritize funding for pre-electrification upgrades, consolidate application processes, and increase allocations for underserved communities and multi-family housing.

The document argues that transitioning the global economy to limit warming to 1.5°C requires between $200 trillion and $275 trillion by 2050. It proposes a common vision for transition finance based on credible decarbonization strategies, annual monitoring, and the avoidance of carbon lock-in. The letter outlines specific calls to action for the financial sector, governments, and issuers to overcome barriers such as greenwashing fears and high capital costs to mobilize capital for high-emitting sectors.

Carbon Market Watch criticises the GFANZ's proposed Expected Emission Reductions (EER) methodology, arguing that its reliance on subjective 'business-as-usual' baselines creates risks of manipulation and may encourage continued investment in high-emission industries without sufficient engagement strategies.

The document highlights a critical lack of tracked financing for oil and gas methane abatement in Southeast Asia, despite the sector being the region's second-largest methane contributor. It identifies key barriers such as limited technical capacity, data gaps, and underdeveloped regulations. The brief argues that methane abatement offers a low-cost, quick-win opportunity for near-term climate mitigation and suggests that state-owned enterprises and international financial institutions play pivotal roles in scaling these efforts.

The report provides a comprehensive analysis of India's path to net-zero, emphasizing the need for a 'people-positive' transition. It examines the historical context of household energy shifts, the potential of emerging technologies like green hydrogen and CCUS, and the critical role of the Reserve Bank of India in mobilizing climate finance. The document highlights regional disparities in renewable energy capacity, particularly in Eastern India, and argues for a strategic green industrial policy to reduce import dependence and create jobs. It also proposes a Global Climate Alliance to facilitate financial and technology transfers between the Global North and South, while calling for reforms in Multilateral Development Banks to better support low-income countries.

Reclaim Finance strongly opposes the GFANZ proposal to introduce 'Expected Emission Reductions' (EER) as a metric for transition finance. The organization argues that EER relies on subjective, unprovable counterfactual baselines—similar to the failed logic of carbon offsets—which would allow financial institutions and polluters to manipulate data to justify continued funding for fossil fuels. While Reclaim Finance supports the concept of 'Expected Cumulative Emissions' (ECE) to track alignment with net zero, it warns that 'avoided emissions' metrics are generally unsuitable for climate solutions, except in the specific case of managed phaseouts of high-emission infrastructure like coal plants. The document concludes that instead of creating complex new metrics, financial institutions should improve financed emissions methodologies and adopt robust transition plans including strict exclusion criteria and an end to fossil fuel expansion finance.

The report advocates for Indonesia Green Taxonomy 2.0 to incorporate 'transition finance' to bridge the gap between traditional and green finance. It highlights the ASEAN Taxonomy's approach to coal phase-out—where shortening a plant's commercial operation to a maximum of 35 years can qualify it as sustainable—and warns against including 'captive coal plants' in the green category to avoid deterring global investors. The author proposes a framework based on five G20 pillars, emphasizing clear technical screening criteria, synchronized disclosure policies, and a Just Transition Finance Framework to ensure equitable benefits.

The Climate Bonds Initiative argues that Japan's GX plan requires strengthening in several key areas to be truly 1.5°C-aligned. Key recommendations include prioritizing established renewable technologies, setting a clear phase-out date for unabated coal power by 2035, strictly limiting gas investments, and tightening standards for low-carbon hydrogen and ammonia. The report emphasizes that the success of Japan's planned 20 trillion yen GX Economic Transition Bonds depends on rigorous alignment with scientific pathways to mobilize private capital and avoid stranded assets.

The Climate Bonds Initiative evaluates Japan's GX Plan, noting that while it provides a solid foundation for transition finance, certain elements—specifically the reliance on ammonia co-firing and fossil gas—risk undermining its credibility. The report recommends prioritising mature renewable technologies, setting a clear phase-out date for unabated coal by 2035, and implementing a mandatory emissions trading system with a strong carbon price to ensure alignment with global 1.5°C goals.

The EU Regulation on Deforestation-Free Products (EUDR) mandates strict due diligence and geolocation traceability for specific commodities to ensure they are not linked to deforestation after December 31, 2020. While currently targeting operators and traders, the regulation may expand to financial institutions by mid-2025. The Climate Bonds Initiative is developing transition pathways and certification criteria to help agri-food companies move beyond legal compliance toward best practices in sustainability.

The document argues against the use of Expected Emission Reductions (EER) and avoided emissions as metrics for transition finance, claiming they rely on subjective, non-conservative baselines and risk rewarding high polluters. It advocates for the use of Expected Cumulative Emissions (ECE) to monitor alignment with net-zero pathways and emphasizes that transition finance should not be used to support the fossil fuel sector, which the author asserts is making performative efforts to transition.

The report finds that TotalEnergies' 2030 oil and gas production targets and carbon intensity are significantly higher than those required by the IEA's 1.5°C-aligned Net Zero Emissions (NZE) scenario. It highlights a substantial investment gap, noting that in 2022, the company invested more than three dollars in oil and gas for every dollar invested in its Integrated Gas, Renewables and Power division, while distributing over four dollars to shareholders for every dollar invested in that same division. The analysis concludes that the company's reliance on carbon capture and offsets, combined with continued expansion into unconventional resources like Arctic and ultra-deep water, poses a material risk to its ability to meet decarbonization targets.

The document argues that G20 countries, due to their high greenhouse gas emissions and population shares, must phase out fossil fuels through a just energy transition. It identifies four imperatives: tackling fossil fuel-dependent regimes, diversifying economies, providing transition finance, and improving international coordination. The brief concludes with three specific recommendations: improving governance for low-carbon pathways, diversifying economies via transition finance mechanisms, and synchronising global efforts.

The policy brief examines the challenges of sustainable finance, noting that a lack of standardized information and an over-reliance on green bonds for clean energy generation limit the flow of capital. It highlights international examples, such as the European Union's taxonomy and reporting directives, and suggests Canada adopt similar frameworks for transition finance and sustainability-linked finance to support high-emitting sectors and aggregated project investments.