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Whose boat is this? Ultimate Beneficial Ownership in UK fishing
The report finds that the UK lacks a robust system for publicly identifying the ultimate beneficial ownership of commercial fishing vessels, with UBO easily identifiable in only 24% of sampled vessels. It argues that current vessel registration and licensing processes do not require UBO disclosure, and the Companies House 'People with Significant Control' (PSC) register is often insufficient due to high ownership thresholds and the use of foreign corporate structures. To combat illegal, unreported and unregulated (IUU) fishing, the report recommends reducing the UBO disclosure threshold to 10% or less, mandating UBO collection during registration and licensing, and establishing a centralised, publicly accessible UBO register for commercial fishing vessels.
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Document type: Report
Who profits from a weakened international taxation system: MNCs, the super-rich or states?
The fact sheet examines how loopholes in the international tax system allow multinational corporations (MNCs) and the super-rich to avoid taxes, resulting in an estimated US$492 billion in global revenue losses for governments in 2024. It critiques the OECD/G20 Two-Pillar Solution for favoring developed nations and lacking transparency, while advocating for the 'Taxing the Super Rich' initiative and the establishment of a UN Framework Convention on International Tax Cooperation to ensure more democratic and progressive global taxation.
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Document type: Fact sheet
Solar Under Storm III: Updated best practices for resilient ground-mount PV systems with hurricane exposure
The report identifies critical failure modes in ground-mount solar PV systems exposed to extreme winds, such as the failure of top-down clamps and low-cycle fatigue in module frames. It recommends high-load modules (4,000 Pa uplift), through-bolting with specialized washers, and dual-post foundation designs to improve survivability in hurricane-prone regions.
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Document type: Report
Climate change increasing pregnancy risks around the world due to extreme heat
Between 2020 and 2024, climate change increased the number of 'pregnancy heat-risk days'—days exceeding the 95th percentile of local temperatures—in every analyzed country. In 90% of countries and 63% of cities, these risk days at least doubled compared to a world without climate change. The most significant increases occurred in developing regions, particularly the Caribbean, where 15 countries saw an average of at least 60 additional risk days annually, representing roughly one-fifth of a typical pregnancy. Beyond heat, the report notes that climate-driven air pollution, flooding, and infrastructure damage further threaten maternal health and birth outcomes.
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Document type: Report
JETP’s Shadow in the Green Energy Supply Chain Conflict on Rempang Island
The report examines the Rempang Eco City project, a National Strategic Project (PSN) in Indonesia's Riau Islands, which is promoted as a green industrial zone for solar panel glass manufacturing. It argues that the project, linked to the Just Energy Transition Partnership (JETP) framework, has resulted in forced evictions, human rights violations, and the marginalization of indigenous Malay, Orang Laut, and Orang Darat communities. The analysis reveals a lack of transparency in the PSN designation process and suggests that the project is driven by a network of global and local elites, specifically citing the involvement of Xinyi Group and the use of shell companies in the British Virgin Islands to obscure beneficial ownership. The report concludes that the transition to green energy is being used as a cover for land grabbing and corruption, calling for the recognition of customary land rights and a re-evaluation of JETP's social justice criteria.
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Document type: Report
Saint Lucia: The Land, the People, the Light
Saint Lucia is transitioning its energy system to reduce diesel dependency and increase climate resilience. A key milestone was the 2018 completion of a 4 megawatt utility-scale solar farm, which produced 24.7 million kWh of electricity in its first three years. The island aims to have 35 percent of its electricity supplied by renewable energy by 2025 and to reduce climate pollution by 23 percent by 2050. Current efforts include the planning of eight solar microgrids to power critical infrastructure, such as hospitals and schools, to ensure operational continuity during disasters. The document highlights the role of 'catalytic' philanthropic capital in unlocking private investment and the importance of the Climate Finance Access Network (CFAN) in helping small island developing states navigate the complexities of securing climate finance.
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Document type: Case study
Proyek Rempang Eco-City: Prahara Daerah Surga Investasi
The document analyzes the legal and social conflicts surrounding the Rempang Eco-City project in Batam, arguing that the Indonesian government has prioritized foreign investment and capital growth over the rights of indigenous communities. It details a complex history of land management through the BP Batam authority, the classification of ancestral lands as state forests or hunting parks to facilitate land seizure, and alleged irregularities in the project's planning and ownership, noting that the 'eco-city' designation does not appear in regional or national spatial plans.
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Document type: Research paper
Temuan Dugaan Konflik Kepentingan Kebijakan PSN Rempang Eco City & Pembangunan PLTS Batam
The report alleges that government officials pushing for the Rempang Eco City project—specifically the establishment of a Xinyi Glass solar panel factory—may have business affiliations with solar power plant (PLTS) projects in Batam. It argues that these two PSNs form a business ecosystem where officials' affiliated companies would be potential buyers of the panels produced in Rempang. Additionally, the report claims that PT MEG, a manager of Rempang Eco City, is likely a shell company linked to a tax haven in the British Virgin Islands. The document also notes human rights violations and community resistance, including the use of tear gas against children during protests on September 7, 2023.
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Document type: Report
Getting Down to Business
The report introduces a portfolio-led approach to net-zero banking, designed to help financial institutions move from high-level commitments to robust implementation. This framework focuses on four pillars—sectors, geographies, asset classes, and business units—to identify where and how a bank can best support the real-economy transition. The approach is intended to underpin three stages of net-zero banking: strategy design, implementation, and reporting, while remaining compatible with existing guidance from organizations like GFANZ and the NZBA.
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Document type: Report
SOLAR UNDER STORM FOR POLICYMAKERS
The report addresses the vulnerability of energy infrastructure in Small Island Developing States (SIDS) to extreme weather, arguing that while solar PV is a cost-effective alternative to imported fossil fuels, it requires specific engineering and policy standards to survive Category 5 hurricanes. Based on field analyses of failures from 2017–2019, the authors recommend moving away from shared top-down clips toward through-bolting and dual post piers for ground systems, and prohibiting ballasted-only rooftop systems. Implementing these resilience measures is estimated to increase engineering, procurement, and construction (EPC) costs by approximately 5%, a cost offset by avoiding total system rebuilds. The report emphasizes multi-stakeholder collaboration and the integration of high-wind standards into local building codes to ensure long-term energy security.
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Document type: Report
GREEN STIMULUS IN THE CARIBBEAN
The report proposes a 'green stimulus' for the Caribbean focusing on distributed energy resources (DERs) to combat pandemic-related job losses and long-term economic vulnerability. It identifies solar PV, wind, electric vehicles (EVs), and energy efficiency as high-impact sectors for immediate employment. Beyond jobs, the document highlights how DERs improve resilience against hurricanes and economic shocks, while enabling economic diversification in sectors like agro-industry by lowering energy costs.
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Document type: Report
Solar Under Storm Part II
The report analyzes rooftop solar PV failures following major hurricanes in the Caribbean (2017-2019) to establish engineering and installation best practices. It identifies critical failure modes, such as top-down clip failures and corner overturning, and recommends specific technical mitigations including vibration-resistant hardware, mechanical attachments over purely ballasted systems, and strict adherence to roof edge setbacks. The authors estimate that implementing these resilience measures increases engineering, procurement, and construction (EPC) costs by approximately 5%.
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Document type: Report
América Latina e Caribe: Análise de mercado das finanças verdes 2019
The green bond market in Latin America and the Caribbean (LAC) is growing, with USD 12.6 billion issued since 2014. Brazil, Chile, and Mexico dominate the market, with Chile leading the region in sovereign green bond issuance. While energy is the most funded sector, LAC shows a higher proportion of funding for land use and industry compared to global trends. The report highlights significant opportunities for growth in sustainable agriculture and the 'blue economy' (ocean-based resources), while noting that public sector entities and financial institutions have substantial untapped potential for future green issuances.
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Document type: Report
SOLAR UNDER STORM
The report analyzes the failure and survival of solar PV systems during Hurricanes Irma and Maria in the Caribbean to establish design and specification standards for high-wind environments. It identifies root causes of failure—such as undersized racking, inadequate bolting, and the use of T-clamps—and recommends high-load modules, through-bolting, and dual-post foundations. The authors advise against using trackers in Category 4 or higher wind zones and emphasize the need for site-specific structural engineering and collaboration between stakeholders and suppliers to develop Category 5-resistant hardware.
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Document type: Report
EASTERN CARIBBEAN GREEN ECONOMY BAROMETER 2018
The 2018 Eastern Caribbean Green Economy Barometer evaluates the transition to a green economy (GE) in the OECS, concluding that progress is "below average." While member governments generally acknowledge the GE concept, the report finds that definitions remain narrow, often lacking focus on equity and inclusion. Key barriers include a lack of structured fiscal policies, the absence of finance ministries in GE dialogues, and a failure to integrate natural capital valuation into national policies. Despite these gaps, the report identifies "green shoots" such as renewable energy commitments in Dominica, Antigua and Barbuda, and Saint Lucia, as well as the Caribbean Regional Oceanscape Project (CROP).
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Document type: Briefing
Climate finance to the Small Islands of the Eastern Caribbean: An overview of financial support provided from 2010 to 2015
The document analyzes climate finance commitments to OECS Member States between 2010 and 2015, finding that while US$ 101 million was committed, actual disbursement rates were extremely low (under 10% for most countries). The funding was dominated by multilateral sources and focused heavily on disaster-related adaptation, primarily delivered through short-term projects.
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Document type: Policy brief
RENEWABLE MICROGRIDS: PROFILES FROM ISLANDS AND REMOTE COMMUNITIES ACROSS THE GLOBE
The document examines the transition of isolated communities from a total dependence on imported oil to renewable microgrids. It identifies high electricity costs, environmental concerns, and abundant local resources as primary drivers for this shift. Through ten detailed case studies—including locations such as Kodiak, Alaska, and El Hierro, Spain—the report highlights the critical role of energy storage (batteries, flywheels, and pumped hydro) and energy efficiency in maintaining grid stability. Key findings indicate that renewable integration can significantly reduce retail electricity rates and improve system resiliency, though it often requires a phased technical approach to overcome stability and logistical challenges.
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Document type: Report
Flood Risk in Jamaica
The report examines flood risk in Jamaica, noting that while tropical cyclones cause the largest losses, flooding is not strictly related to storm intensity but often to preceding rainfall. It highlights that public infrastructure, particularly roads and bridges, suffers the most damage. Despite repeated recommendations for hazard mapping and watershed management, the report finds a persistent lack of enforcement regarding 'no build zones' and a critical shortage of digital spatial data for planners.
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Document type: Report
Annex VI: Accreditation assessment of Applicant 036 (APL036)
The Green Climate Fund (GCF) Accreditation Panel recommends the Caribbean Development Bank (CDB) for accreditation as a regional entity for 'small' projects (up to USD 50 million) with a high environmental and social risk category (Category A/I-1). The CDB demonstrated strong fiduciary standards, a track record of mobilizing approximately USD 200 million for climate action, and a robust gender equality policy. However, accreditation is conditional upon the CDB establishing a public system for reporting the progress of grant-funded projects and finalizing a permanent external communications mechanism for environmental and social complaints.
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Document type: Report
The Companies We Keep
The report evaluates the UK's open register of beneficial owners, finding that while 87% of companies comply, significant loopholes allow thousands to hide real ownership through 'no PSC' statements, ineligible foreign corporate entities, and circular ownership structures. It argues that Companies House lacks the resources and mandate to verify data or sanction non-compliance, and recommends the adoption of unique identifiers and automated red-flagging systems to detect financial crime.
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Document type: Executive summary