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The briefing argues that the Asian Development Bank (ADB) uses financial intermediaries (FIs) like Clifford Capital to bypass restrictions on fossil gas investments. While the ADB committed to Paris Agreement goals in 2017 and stopped financing coal, it provided approximately $4.48bn for oil and gas infrastructure in Asia Pacific between 2017 and 2025. The document highlights Clifford Capital, which received a $95m equity investment from the ADB in 2020, as a channel for funding fossil gas projects, including the Tangguh LNG project in Indonesia and Bhola-2 in Bangladesh. The authors call for greater transparency in FI lending, a prohibition on new fossil gas infrastructure funding, and a time-bound fossil fuels exit plan.

The briefing argues that the ADB's financial intermediary (FI) lending, specifically its $95 million equity investment in Clifford Capital, creates a transparency loophole that allows continued support for fossil gas projects. It highlights that while the ADB claims to 'ring-fence' its funds, Clifford Capital continues to finance oil and gas projects globally and in Asia. The document provides case studies of the Tangguh LNG project in Indonesia and the Bhola-2 gas power plant in Bangladesh to illustrate the environmental and social harms resulting from such investments, including mangrove destruction and forced land acquisition. It concludes that the ADB's reliance on outdated 2009 policies for these investments avoids the stricter requirements of the 2025 Environmental and Social Framework.

As of the end of 2025, the Climate Bonds Initiative recorded a cumulative aligned GSS+ debt volume of USD6.8tn, with annual aligned volume reaching USD1.0tn for the third consecutive year. Green bonds remain the dominant label, accounting for 64% of 2025 aligned volume (USD653.5bn), while sustainability bonds reached a record annual volume of USD217.3bn. Europe leads globally in both annual and cumulative aligned volume, though the USA remains the largest single country source of cumulative aligned volume at USD887.4bn. The report also highlights the launch of the Climate Bonds Resilience Taxonomy (CBRT) to address the funding gap for climate adaptation and resilience, exemplified by the world's first CBRT-certified resilience bond issued by the Tokyo Metropolitan Government.

A joint statement by civil society groups, primarily from the Asia Pacific, urging COP30 to address the human rights and environmental impacts of transition minerals. The document proposes the creation of the Belém Action Mechanism (BAM) and a Global Mineral Traceability Framework to ensure a just energy transition, highlighting the region's role as a hub for mineral reserves and green technology supply chains while noting the high risks faced by environmental defenders.

The document examines the 'twin transition' of digital and green transformations, highlighting how digital technologies can both enable climate action and contribute significantly to global greenhouse gas emissions. It identifies critical gaps in infrastructure and financing for developing countries and proposes five priority decarbonization levers: green infrastructure, energy-efficient operations, sustainable supply chains, circular economy models, and climate-compatible infrastructure. The authors argue for coordinated international cooperation, targeted financial incentives, and the integration of environmental provisions into digital trade agreements to ensure an inclusive transition to net zero.

The statement argues that large-scale forest biomass energy is not carbon neutral and actively harms the climate, biodiversity, and human rights. It claims that current carbon accounting erroneously labels biomass as zero-emission, which masks the actual greenhouse gas releases and encourages deforestation. The document further asserts that biomass energy extends the lifespan of coal plants and diverts investment from truly low-emission renewables like wind and solar. It calls on governments and financial institutions to stop the expansion of the biomass industry and eliminate related subsidies in favor of forest restoration.

The document highlights a 73% decline in average wildlife populations since 1970 as a critical warning for the global economy. It asserts that nature loss threatens global GDP, with specific risks identified in the EU and Asia Pacific, and predicts a potential $2.7 trillion loss by 2030 due to the collapse of ecosystem services. The author calls on the business and finance sectors to transition toward net-zero, nature-positive markets using tools like the Biodiversity Risk Filter and Science-Based Targets for Nature.

The 2024 Global Steel Plant Tracker and Global Blast Furnace Tracker data show a growing momentum toward electric arc furnace (EAF) steelmaking, with 49% of capacity under development using this route. However, significant carbon lock-in risks persist as 308 mtpa of new coal-based blast furnace capacity is under development, primarily in Asia. India has surpassed China as the top overall steel developer, though China remains the largest operator of emissions-intensive capacity. While direct reduced iron (DRI) capacity is increasing, its climate impact depends on the transition to green hydrogen reducing agents, as much current capacity relies on methane or coal.

Reclaim Finance asserts that the 'transitioning away from fossil fuels' agreement at COP28 must be backed by concrete action from rich countries. It calls for the EU, US, Canada, Norway, the UK, and Australia to end domestic oil and gas production, stop their financial institutions from enabling global fossil fuel expansion, and provide concessional finance for just coal retirements and renewable energy deployment in the Global South.

The report argues that Senegal's strategy to fund its 2035 emerging economy goals through fossil fuel exports faces significant stranded asset risks due to declining global LNG demand and the competitiveness of renewable energy.

The Green Climate Fund's Accreditation Panel recommends the re-accreditation of the Food and Agriculture Organization of the United Nations (FAO) for a second term, maintaining its scope for medium-sized projects and medium environmental and social risk (Category B). The assessment confirms FAO's strong technical expertise in adaptation, REDD+, and the blue economy, and its ability to implement GCF's gender and environmental and social policies. While generally compliant, the Panel identified a gap in explicit policy statements regarding Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), making the re-accreditation conditional upon the formal approval of an AML/CFT policy or the inclusion of consistent statements within its prohibited practices policies.

Reclaim Finance argues that GFANZ's guidance on coal managed phase-outs (MPOs) in Asia Pacific must be significantly strengthened to ensure alignment with a 1.5°C scenario, protect civil society, and avoid 'junk' carbon offsets. The organization recommends that financial institutions end all support for new coal infrastructure and that MPOs prioritize the closure of the oldest plants by 2040, without diverting funds toward retrofits or carbon-intensive alternatives like biomass and ammonia.

Japan possesses vast offshore wind resources, with a technical potential exceeding 9,000 TWh/year, far surpassing its projected 2050 electricity demand. While current deployment is low, the government has set targets of 10 GW by 2030 and 45 GW by 2040. The document highlights that floating offshore wind is critical for Japan due to its deep coastal waters and could position the country as a global industry leader. Economic benefits include reduced dependency on imported fossil fuels, with a 30 GW target by 2030 potentially avoiding USD 27.8 billion in gas costs at 2022 prices. However, achieving these targets is hindered by lengthy environmental permitting processes and a fragmented electricity grid divided by different technical standards (50 Hz and 60 Hz).

The 2022 Hong Kong GSS+ market saw a decline in bond volumes from local issuers due to macroeconomic pressures, but significant growth in debt arranged within the territory, totaling USD 80.5bn. The HKSAR Government remains a regional leader in green bond issuance, while the city continues to serve as a primary offshore financing platform for Mainland China's decarbonisation efforts.

The document analyzes how media coverage of migration often relies on biased, superficial narratives that 'other' migrants or frame them as security threats. It advocates for a rights-based approach to communication, highlighting the role of digital technologies in supporting migrants while warning against corporate digital monopolies. Through case studies in Asia-Pacific, Nigeria, West Papua, and the Dominican Republic, it demonstrates the barriers migrants face in exercising their communication rights and provides specific ethical recommendations for journalists to foster more inclusive and accurate reporting.

One year after COP26, GFANZ has expanded to over 150 trillion USD in assets but faces criticism for uneven progress across its sectoral alliances and a weakened link to the Race to Zero campaign. The author contends that the alliance's reliance on voluntary carbon markets and vague targets—such as those from Vanguard and BMO Global Asset Manager—undermines its goals, urging leadership to 'name and shame' members who fail to align their portfolios with net zero emissions.

The COP27 Resilience Hub served as a physical and virtual space to accelerate ambition and investment in climate resilience, representing over 1,500 non-state actors. The report identifies five cross-cutting messages, emphasizing that scaling adaptation is a prerequisite for containing Loss and Damage and that locally-led adaptation (LLA) requires radical collaboration. The document details thematic analysis across nine areas—including finance, food, water, and health—and highlights the role of Regional Resilience Hubs in amplifying under-represented voices from Africa, South Asia, Asia Pacific, and Latin America and the Caribbean.

The report finds that while renewable energy investment is growing, continued funding for fossil fuel power plants and the presence of 'locked-in' emissions from existing assets keep the global power sector on a temperature trajectory exceeding 3.2°C. It highlights a significant gap between actual 2018 investment carbon intensities and the negative thresholds required by 2030 to achieve Paris alignment. The analysis identifies specific misalignments among major economies like China, India, and Japan, and among financial actors such as commercial banks and export credit agencies. The document recommends halting new carbon-intensive investments, accelerating the retirement of existing fossil fuel plants, and harmonizing climate risk reporting.

The report documents the risks faced by 'Defenders of Territories' in the Asia Pacific, linking violence and impunity to resource extraction, infrastructure projects, and weak rule of law. Through case studies in Bangladesh, Indonesia, Malaysia, Palestine, Russia, Sri Lanka, and the Philippines, it illustrates how corporate and state actors displace communities and suppress dissent. The document advocates for a systemic shift away from neoliberalism toward agroecology and renewable energy, while calling for a binding UN Treaty on transnational corporations to ensure accountability for human rights violations.

The document highlights a global trend of violence against land defenders, particularly indigenous peoples, who face attacks from state and non-state actors to facilitate extractive projects. It provides case studies from Bangladesh, Indonesia, Malaysia, Palestine, Russia, Sri Lanka, and the Philippines to illustrate how infrastructure, energy, and agribusiness projects lead to land grabbing and environmental degradation. The report argues that the current economic system prioritizes corporate profit over human rights and recommends the establishment of a binding UN treaty on transnational corporations, the transformation of the ASEAN Intergovernmental Commission on Human Rights into a judicial body, and a transition to renewable energy and agroecology.