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Achieving a Fossil-Free Recovery
The report analyzes government energy-related spending during the COVID-19 pandemic, finding that a significant portion of recovery funds still supports fossil fuel-intensive sectors. It proposes five core principles for a 'fossil-free recovery': ending public funding for fossil fuel production, reforming fossil fuel subsidies and taxes to raise revenue, 'swapping' those funds into clean energy (access, efficiency, transport, and power), incentivizing private investment in clean electricity, and ensuring a just transition for affected workers and communities.
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Document type: Report
Leaving No Canadian Behind: Measuring the well-being of vulnerable Canadians for effective SDG implementation
The report argues that effective implementation of the SDGs in Canada requires a multi-tiered measurement approach that moves beyond national averages to identify and monitor vulnerable groups. It identifies key marginalized populations—including Indigenous Peoples, recent immigrants, and people with disabilities—and highlights the systemic data gaps that hinder targeted interventions. The authors advocate for the use of complementary community-driven data sources and investments in data interoperability, specifically through mission-oriented data ecosystems, to ensure that those 'furthest behind' are accurately captured and supported.
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Document type: Report
The EU sustainable taxonomy set to fuel greenwashing
Reclaim Finance asserts that the EU sustainable taxonomy's climate mitigation and adaptation criteria have been watered down due to pressure from Member states and industry lobbies. The author claims the current proposal allows for the burning of all forest biomass and creates pathways for fossil gas and nuclear energy to be labeled as sustainable, thereby undermining the EU Sustainable Finance Strategy and contradicting scientific research.
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Document type: Statement
La taxonomie durable de l’UE en passe d’alimenter le greenwashing
Reclaim Finance criticizes the European Commission's 2021 delegated acts for the EU sustainable taxonomy, claiming that political and industrial pressure has overridden scientific criteria. The author asserts that the current framework allows for greenwashing by adopting weak bioenergy standards and leaving the door open for fossil gas and nuclear energy, which the author argues are incompatible with the Paris Agreement goals.
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Document type: Statement
Nordic Sustainable Debt State of the Market 2020: Special Regional Report
The Nordic GSS bond market reached a cumulative USD 88.2bn by the end of 2020, representing 5% of the global GSS volume. Green bonds dominate the market at 96% of the total, with Sweden leading in cumulative issuance. The region shows high standards of transparency, with 99% of volume benefiting from external reviews.
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Document type: Report
What Did I Learn? On Departing WRI, Reflections on Nine Years at the Helm
Andrew Steer reflects on his nine-year tenure as leader of the World Resources Institute (WRI), outlining the organizational strategies and lessons learned to effectively drive global environmental and climate change.
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Document type: Statement
Nordic Environmental Fiscal Reform
The document highlights the success of Nordic countries in decoupling economic growth from greenhouse gas emissions through environmental fiscal reform (EFR). It notes that EFR has supported industrial growth, such as the Danish wind energy sector, and generated significant annual revenues between USD 7 billion and USD 13 billion per country in 2018. The brief argues that aligning taxes, subsidies, and spending can simultaneously address economic recovery from the COVID-19 pandemic and climate change by raising funds for debt reduction and stimulus while creating price signals to deter pollution.
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Document type: Briefing
Nordic Sustainable Debt State of the Market 2020
The Nordic GSS bond market reached a cumulative volume of USD 88.2bn by the end of 2020, with green bonds accounting for 96% of this total. Sweden is the regional leader, contributing half of the green bond volume and issuing the first Nordic sovereign green bond in September 2020. The market is characterized by strong public sector participation and a high prevalence of low-carbon building projects. External review coverage is exceptionally high, with 99% of cumulative green bond volume reviewed, primarily through Second Party Opinions (SPOs).
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Document type: Report
Building Momentum for a Just Transition in Canada: Perspectives from civil society
The report analyzes perspectives from 48 Canadian civil society organizations on the just transition. It finds a broad consensus on the need for employment security, 'good jobs', and equity for marginalized groups, particularly Indigenous Peoples. The document argues that while Canada has a high capacity for transition, there are significant political gaps, including a lack of institutionalized tripartite processes and the influence of corporate interests. It recommends the implementation of a Just Transition Act, the end of fossil fuel subsidies, and increased support for municipal and Indigenous-led projects. Civil society is positioned as a vital complement to official processes through research, capacity building, and public awareness campaigns.
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Document type: Report
Power by All: Alternatives to a privately owned future for renewable energy in South Africa
The report explores four international business models—municipal ownership in Germany, state-owned enterprise (SOE) transition in Denmark, public-private partnerships (PPPs) in Morocco, and cooperatives in the United Kingdom—to identify pathways for increasing renewable energy deployment in South Africa. It argues that while the current private-sector-led model (REIPPPP) has increased capacity, it is insufficient to meet the 1.5°C Paris Agreement target or offset the decommissioning of 24,100 MW of coal plants. The authors suggest that a combination of centralized and decentralized public ownership models can address political opposition from trade unions and parties while scaling up green energy. Key recommendations include reforming Eskom into a 'green utility,' conducting a policy gap analysis, and investigating the financial feasibility of non-private ownership models.
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Document type: Report
Nordic Environmental Fiscal Reform: Case studies and application for post-pandemic economic recovery
The document analyzes how Nordic countries have used environmental fiscal reform (EFR)—specifically carbon, energy, and pollution taxes—to decouple economic growth from emissions. It highlights the use of revenue recycling to maintain productivity and the implementation of 'carrot-and-stick' strategies, such as vehicle registration taxes and EV subsidies, to reduce transport emissions. The brief concludes that EFR can generate significant revenue and green jobs without hindering GDP growth, provided that revenues are spent productively and the poor are protected from rising energy costs.
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Document type: Policy brief
Investing for Tomorrow, Today
The report finds a significant investment gap between Canada's current climate-related fiscal commitments and the funding required to reach net-zero emissions by 2050. While acknowledging positive steps in public transit and building energy efficiency, the authors argue that Canada is being outpaced by international peers, such as the US and EU, in per capita green spending. The analysis identifies critical funding shortfalls across seven sectors, including transportation, clean energy, and nature-based solutions, and calls for Budget 2021 to prioritize uncosted measures and scaled-up investments to ensure an equitable green recovery.
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Document type: Report
Investir dans l’avenir dès aujourd’hui : Comment le Budget 2021 peut permettre une action climatique essentielle et une reprise verte
The report argues that while Canada has made positive climate commitments, there is a significant investment gap between current budget allocations and the funding required to reach net-zero emissions by 2050. By comparing federal spending with recommendations from expert coalitions, the document identifies critical funding shortages across seven sectors: transport, building retrofits, clean energy, nature and adaptation, agriculture, industry and innovation, and workforce development. It highlights that Canada's per capita climate spending during the pandemic is more than eight times lower than the promises made by the US under Joe Biden. The report calls for the 2021 Budget to prioritize deficit spending on green infrastructure, eliminate fossil fuel subsidies, and implement a just transition for workers, particularly in the coal, oil, and gas sectors.
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Document type: Report
“Advanced” Isn’t Always Better
The report argues that most non-light-water reactors (NLWRs) do not provide significant enough improvements over light-water reactors (LWRs) to justify their associated safety, security, and proliferation risks. It specifically evaluates sodium-cooled fast reactors (SFRs), high-temperature gas-cooled reactors (HTGRs), and molten salt reactors (MSRs), finding that claims regarding 'burning' nuclear waste are oversimplified and that the timelines for commercialization are often unrealistic. The author recommends that the US Department of Energy (DOE) prioritize improving existing LWR technology over pursuing immature NLWR designs.
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Document type: Report
Pooled Finance: Brazil's Opportunity to Finance Subnational Sustainable Infrastructure
The document argues that Brazilian municipalities, particularly small and medium-sized ones, face significant financial and regulatory barriers to infrastructure investment. It suggests that subnational consortia can overcome these hurdles by adopting Pooled Finance Mechanisms (PFMs)—such as club deals, aggregation platforms, and bond banks—to access capital markets and attract green investment. The brief identifies a USD 1.3 trillion green investment opportunity in Brazil and recommends updating Law 11,107/2005 and the Law of Fiscal Responsibility to facilitate autonomous fundraising and improve governance for public consortia.
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Document type: Policy brief
Recovery Through Reform: Assessing the climate compatibility of Canada’s COVID-19 response in 2020
The document analyzes Canada's 2020 COVID-19 recovery spending, noting a higher commitment to clean energy (CAD 14.7 billion) than fossil energy (CAD 3.6 billion) according to Energy Policy Tracker data. However, it highlights significant transparency gaps regarding credit support from public finance institutions like EDC and BDC. Compared to France, Germany, and the UK, Canada's per capita investment in electric vehicles is lower, while its investment in building retrofits is relatively high. The brief warns that Canada's hydrogen strategy leans toward 'blue hydrogen' (fossil-based) while European peers prioritize 'green hydrogen'. It recommends applying strict 'green strings' to stimulus, phasing out fossil fuel subsidies, and aligning ambition with international standards.
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Document type: Policy brief
EU Power Sector in 2020
In 2020, renewables generated 38% of the EU's electricity, surpassing fossil-fired generation (37%) for the first time. This shift was driven primarily by wind and solar, while coal generation fell by 20% to 13% of the total mix. However, the report notes that the transition remains too slow to meet 2030 and 2050 climate targets, as gas generation remains high and nuclear output saw a record 10% decline.
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Document type: Report
Revision of the State Aid Guidelines for Environmental Protection and Energy and exemption rules
ClientEarth argues that EU State aid rules must be transformed into sustainability instruments that prohibit support for fossil fuels and harmful biomass, while prioritizing energy efficiency and renewable energy. The document calls for the strict application of the 'Energy Efficiency First' principle, the exclusion of low-carbon (fossil gas-based) hydrogen from subsidies, and the removal of aid for high-efficiency combined heat and power (CHP) plants. It further recommends increasing support for energy communities, zero-emission vehicles, and energy efficiency in buildings, while introducing a 'greenwashing test' to ensure the environmental integrity of aid beneficiaries.
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Document type: Statement
The European Power Sector in 2020
In 2020, renewables became the EU's primary electricity source for the first time, generating 38% of electricity. While wind and solar growth remained robust despite the pandemic, the report argues that deployment must nearly triple to meet 2030 Green Deal targets. Coal generation fell by 20% in 2020, though this decline was partially offset by increased gas generation and a record 10% drop in nuclear output. Consequently, Europe's electricity carbon intensity fell to 226 grams of CO2 per kilowatt-hour in 2020, a 29% reduction since 2015.
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Document type: Report
EU Geological CO₂ storage summary
The report provides a comprehensive overview of European CO2 storage capacity, highlighting the North Sea Basin and the Norwegian shelf as the most prospective areas. It details storage potentials in saline aquifers, hydrocarbon fields, and storage reservoirs across various European regions, while also mapping stationary emission sources, noting that power generation is the dominant emitting sector.
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Document type: Report