Search Climate Insights Directory
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Financements de Glencore : Les banques européennes soutiennent encore l’expansion du charbon
The document argues that European banks continue to support Glencore's coal expansion through general-purpose bond issuances, enabled by inadequate exclusion thresholds and policy loopholes regarding metallurgical coal and corporate-level financing.
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Document type: Executive summary
Financing Glencore: European banks still backing coal expansion
The report identifies that between January 2024 and April 2025, twenty major banks, including nine European institutions, participated in 12 Glencore bond issuances totaling US$8 billion. These funds, intended for general corporate purposes, can support Glencore's 17 coal mining expansions across Australia, South Africa, Canada, Russia, and Kazakhstan, which contradicts IEA climate scenarios. The report argues that European banks continue this support through policy loopholes such as inadequate exclusion thresholds and restrictions that only apply to new customers or project-level financing.
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Document type: Report
La marche arrière des grandes entreprises pétrolières et gazières européennes sur le climat
Reclaim Finance reports a systemic retreat from climate goals among six major European oil and gas companies. The analysis shows a trend of reducing investments in renewables and low-carbon technologies while increasing oil and gas production targets for 2030. The document highlights that these companies are ignoring the IEA's Net Zero Emissions (NZE) scenario, specifically by planning new LNG export terminals and abandoning scope 3 emission targets. It concludes by calling on financial investors to oppose board re-elections and demand transparency during upcoming general assemblies at Shell and TotalEnergies.
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Document type: Statement
The backtracking of major European oil and gas companies on climate
The report argues that six major European oil and gas companies are backtracking on climate goals by reducing investments in low-carbon activities and increasing oil and gas production targets. It highlights a significant gap between these companies' strategies and the International Energy Agency's Net Zero Emissions by 2050 scenario, noting that fossil fuels still capture over 60% of planned investments. The document specifically details reductions in renewable energy targets for BP, Eni, Shell, TotalEnergies, and Equinor, while noting that none of the six companies plan to reduce fossil fuel production.
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Document type: Report
Strategic insights
The report outlines the necessity for ASEAN countries to shift from reactive grid expansion to proactive system transformation to support variable renewable energy. It proposes a six-pillar framework for future-ready grid planning—covering smart modernisation, strategic expansion, flexibility, regional integration, regulatory reform, and sustainable finance—and draws comparative lessons from the integrated power systems of Europe and Southern Africa to advocate for a more connected and resilient regional market.
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Document type: Report
Recasting the Future: Policy Approaches to Drive Cement Decarbonization
The U.S. cement industry generates 71.3 million metric tons of GHG emissions annually, representing 1.1% of total gross U.S. GHG emissions. Decarbonization is challenging because nearly 60% of these emissions are non-energy-related process emissions from limestone calcination. The report identifies several technological pathways, including carbon capture, utilization, and sequestration (CCUS), alternative feedstocks (such as electrochemical calcination), and clinker substitution. It argues that a coordinated policy portfolio—combining financial support, market-based tools like advance market commitments, and regulatory measures such as performance-based material standards—is required to bridge the investment gap. Total capital expenditures needed through 2050 are estimated between $69 billion and $120 billion, with approximately $11.4 billion in public spending required over the next decade to de-risk private investment and build necessary CO2 infrastructure.
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Document type: Report
Hydrogen hubs are key to domestic energy production and regional economies across the U.S.
The Regional Clean Hydrogen Hubs program is designed to demonstrate localized hydrogen production and end-use to create a synergistic national hydrogen economy. The author warns that planned funding cuts by the Trump administration would jeopardize an estimated 334,280 jobs and tens of billions of dollars in private sector investment. The document emphasizes that a network of hubs is necessary to create a viable market for hydrogen-fueled equipment and to maintain U.S. leadership in low-carbon hydrogen production and technology exports.
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Document type: Statement
Playing Planet Climate Cost: UEFA's Growth Plan
The report finds that the expansion of the Champions League, Europa League, and Conference League has increased greenhouse gas emissions by approximately 209,000 tCO2e. Furthermore, it estimates that sponsorship deals for the Champions League induce about 6 million tCO2e, with a single deal with Qatar Airways accounting for two-thirds of that total.
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Document type: Report
Beyond LCOE: A Systems-Oriented Perspective for Evaluating Electricity Decarbonization Pathways
The report critiques the reliance on Levelized Cost of Electricity (LCOE) for power system planning, noting that while useful for tracking historical technology costs, it fails to account for system-wide needs, generation profiles, and integration costs. It highlights that clean firm technologies can reduce overall system costs despite higher LCOEs. The authors recommend moving toward comprehensive system-level analyses that model temporal and spatial constraints to optimize decarbonization pathways.
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Document type: Report
Sustainable Debt Global State of the Market 2024
The report finds that the cumulative aligned GSS+ market reached USD 5.7 trillion by the end of 2024. Green bonds remain the dominant theme, while sustainability-linked bonds (SLBs) saw a significant decrease in aligned volume. Europe continues to be the largest source of aligned GSS+ debt, and the report highlights the growth of sovereign issuance and the development of national taxonomies.
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Document type: Report
ACABAR CON LA INFLUENCIA COMBUSTIBLES DE LOS FÓSILES
The document argues that health organizations should lead the effort to revoke the 'social license' of the fossil fuel industry by refusing to work with PR agencies linked to it. It draws a parallel between the current fossil fuel industry and the historical tobacco industry, citing CVS Health's 2014 decision to stop selling tobacco as a model for corporate responsibility. The guide outlines a 'Fossil Fuel Free Health Communications Pledge' and a three-step screening process for agencies: requesting full client disclosure, seeking a commitment to avoid future fossil fuel clients, and demanding public accountability. It also provides a list of specific questions for organizations to ask potential agencies to ensure alignment with public health and climate goals.
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Document type: Guide
BREAK THE FOSSIL INFLUENCE
The document argues that fossil fuel companies use disinformation campaigns, similar to the tobacco industry's historical tactics, to obstruct climate action and harm public health. It urges health organizations to leverage their credibility and market influence—noting a healthcare advertising market valued at USD 42.28 billion in 2024—to revoke the industry's 'social license' by refusing to hire agencies with fossil fuel ties. The guide outlines a 'Commitment for Fossil-Free Health Communications' and a three-step screening process: requesting full client disclosure (specifically for the past 3 years), seeking a fossil-free commitment (such as the Clean Creatives pledge), and verifying public accountability. It cites the 2014 decision by CVS Health to stop selling tobacco products as a precedent for how health-focused entities can catalyze broader industry change by aligning business practices with health missions.
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Document type: Guide
Landscape of Climate Finance for Agrifood Systems 2025
Global climate finance for agrifood systems reached USD 94.9 billion in 2021/22, representing 7.2% of total global climate finance. While flows have increased since 2019/20, the report finds that investment is critically misaligned, with a massive funding gap of USD 1.1 trillion annually required through 2030 to align the sector with climate goals. Growth is heavily concentrated in domestic public investment in China and Europe, while private capital remains largely absent in sub-Saharan Africa and Latin America and the Caribbean. Mitigation finance is dominated by energy-related projects like agrivoltaics, while adaptation finance remains heavily reliant on public grants. The report calls for a strategic mix of financial instruments and policy reforms to unlock capital for high-impact solutions such as soil carbon management and nature-based solutions.
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Document type: Report
DELIVERING AFFORDABILITY
Battery electric heavy-duty vehicles (HDVs) are projected to become the most cost-effective freight transport option in most U.S. states by 2030. While current U.S. purchase prices are anomalously high compared to global trends, falling battery costs and operational savings are driving a clear TCO advantage over diesel and hydrogen fuel cell trucks. The report emphasizes that state-level policy leadership—including price transparency, resale value support, and infrastructure credits like California's LCFS—is critical to unlocking these economic benefits.
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Document type: Report
FINANCING GLENCORE
The report details Glencore's expansion of coal capacity and the role of European banks in financing these activities through bond issuances, highlighting loopholes in bank coal policies.
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Document type: Report
Identifying and Tackling Environmentally Harmful Agricultural Subsidies in the WTO
The document analyzes global agricultural greenhouse gas (GHG) emissions, noting that the sector accounted for approximately 20% of global anthropogenic emissions in 2022. It identifies ruminant livestock and deforestation as the primary drivers of these emissions and highlights significant regional variations in emission intensities. The author argues that coupled subsidies and market price supports incentivize environmentally harmful practices and recommends repurposing these funds toward sustainable management, innovation, and uncoupled payments to reduce the sector's carbon footprint while balancing food security and livelihoods.
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Document type: Briefing
Hvor er oljen og gassen i NRKs klimajournalistikk?
Erlend Eggen, leader of Klimakultur, criticizes NRK for presenting climate change as a series of observations and consequences—such as melting glaciers and heat records—without linking them to the root cause: fossil energy sources. He contrasts this with NRK's nature loss reporting, which explicitly identifies the political and systemic drivers of environmental destruction. Eggen asserts that by omitting the connection between Norwegian oil and gas production and global climate disasters, NRK's reporting becomes 'directionless' and suggests that the network adopt the standards of 'Covering Climate Now' to ensure both causes and consequences are reported.
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Document type: Statement
Ember’s response to the public consultation on European Resource Adequacy Assessment
Ember's response to the ERAA 2025 consultation highlights significant discrepancies between ENTSO-E's proposed commodity prices and market futures, noting that fossil fuel prices are underestimated while CO2 prices are overestimated. The document argues that the ERAA underestimates battery storage and demand flexibility potential, fails to account for battery CAPEX reductions, and underestimates wind and solar capacities in several European countries compared to National Energy and Climate Plans (NECPs) and industry forecasts.
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Document type: Report
Elite Soccer Performance and Climate Change
Climate Central analysis indicates that human-caused climate change has significantly increased the risk of sub-optimal temperatures (21°C or higher) that impair elite soccer performance during the 2025 UEFA Champions League knockout stages. Comparing current data to the 1970s, the likelihood of such heat has risen for all 23 analyzed stadiums, with the most dramatic increase occurring at Lluís Companys Olympic Stadium in Barcelona, where the risk increased by 800%. This temperature threshold is critical because research shows that players cover less total distance, sprint less, and perform fewer high-intensity efforts when temperatures reach or exceed 21°C.
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Document type: Report
Una idea para tus historias: La aviación comercial
The document outlines the difficulties of decarbonizing commercial aviation, noting that it contributes nearly 4% of historical global warming when non-CO2 effects are included. It highlights the limitations of sustainable aviation fuels (SAF) and electric aircraft, the disproportionate impact of frequent flyers, and the prevalence of greenwashing in the industry.
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Document type: Guide