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The report argues that while plant-based proteins can significantly reduce greenhouse gas emissions and land use, global retailers are failing to implement the sales targets, transparent reporting, and price parity necessary to drive a large-scale transition. Using a Methane Action Tracker, the analysis finds that US retailers lag behind European ones, and most retailers lack proportional targets that pair plant-based growth with animal protein reduction.

The analysis finds that Engie's 2025 climate plan lacks a phase-out date for fossil gas and continues gas expansion through new plants and LNG contracts. While renewable targets increased to 95 GW by 2030, the company remains on a 'well below 2°C' trajectory rather than 1.5°C, with a decarbonization goal of 2045 that contradicts IEA Net Zero scenarios. CAPEX for fossil technologies remains nearly stable, and the company's reliance on hydrogen and biomethane is viewed as a risk for perpetuating fossil systems.

The document outlines the difficulty of decarbonizing commercial aviation, noting that while it contributes around 4% of all-time global warming, it lacks the immediate clean technological fixes available to other sectors. It highlights the limitations of sustainable aviation fuels (SAF), the outsized impact of frequent fliers, and the role of non-CO2 emissions like contrails. The guide encourages reporters to scrutinize industry greenwashing, report on how climate change increases flight turbulence and heat-related disruptions, and consider demand reduction as a necessary strategy to meet 1.5 degrees Celsius targets.

In 2024, Türkiye's combined wind and solar electricity generation reached 62 TWh, surpassing the historical peak of domestic coal production (53 TWh in 2019). While solar generation grew by 39% to reach a 7.5% share of total production, wind growth slowed, maintaining a 10.7% share. Despite a record high in total coal generation (122 TWh), making Türkiye the highest coal-producing country in Europe, the overall share of fossil fuels fell to 55%, the lowest since 1993, driven by a decrease in natural gas use. However, renewable growth has not kept pace with a 5.5% increase in electricity demand, which was driven by record temperatures in June and July. Türkiye's new 2035 targets aim to quadruple wind and solar capacity to 120 GW, which could potentially reduce the fossil fuel share of electricity production to below 20%.

In 2024, wind and solar power in Türkiye permanently overtook domestic coal generation for the first time, reaching a combined share of 18% of electricity generation. Solar power saw a record year-on-year increase of 39%, while wind power growth slowed. Despite this, electricity demand grew by 5.5% in 2024, largely driven by record temperatures, meaning renewables are not yet expanding fast enough to fully displace imported fossil fuels. Türkiye has set ambitious 2035 targets to quadruple wind and solar capacity to 120 GW, which could potentially reduce the fossil fuel share of electricity to below 20%. However, the report notes that current 2030 targets are unambitious and that grid connection capacity remains a primary barrier to deployment.

Reclaim Finance criticizes BPCE for its failure to implement ambitious exclusion policies for the oil and gas sector, noting that it continues to provide bond financing to major hydrocarbon developers and supports LNG expansion. The report highlights that BPCE is the only major French bank without decarbonization targets to reduce oil and gas exposure and maintains direct financing for gas fields, contrary to emerging European standards.

Reclaim Finance criticizes BPCE for its continued financial support of major oil and gas developers and LNG infrastructure, noting that the bank lacks the ambitious exclusion policies and exposure-reduction targets adopted by other major French banks.

In 2024, global electricity generation reached new record highs for solar, wind, hydro, gas, and coal. Solar was the fastest-growing source, increasing by 474 TWh to reach a 6.9% share of the global mix, with China contributing 53% of this growth. Wind generation also hit a record of 2,494 TWh, though growth slowed due to weather conditions. Hydro rebounded to an all-time high of 4,416 TWh following 2023 droughts, largely driven by China. Nuclear generation grew by 2.5% to 2,768 TWh, but its global market share fell to a 45-year low of 9%. Gas and coal both reached record generation levels in 2024, though their shares of the global electricity mix declined to 22% and 34% respectively, as electricity demand grew faster than their production.

In 2024, global electricity demand rose by 4% to 30,856 TWh, driven largely by China and extreme heatwaves. Low-carbon sources reached a historic high of 40.9% of global generation, with solar and wind combined surpassing hydropower. Despite this, global power sector emissions hit a record high, increasing by 1.6% due to a rise in fossil generation linked to cooling demand during heatwaves.

Reclaim Finance calls on investors to shift from ineffective shareholder engagement to voting against management-proposed resolutions at 2025 AGMs for oil and gas companies. The organization highlights that 95% of upstream oil and gas companies are developing new projects despite IPCC and IEA warnings that such expansion is incompatible with a 1.5°C world. It specifically notes that majors like BP, TotalEnergies, Eni, and Equinor are backtracking on climate commitments by planning production increases. The document asserts that current collaborative initiatives, such as Climate Action 100+, have failed to align corporate strategies with 1.5°C trajectories, making strategic voting a necessary lever to signal that climate must be an integral part of corporate strategy.

Civil society organisations have called on the Agence des participations de l'Etat (APE), the primary shareholder of ENGIE, to force the company to stop expanding its gas infrastructure. The signatories argue that ENGIE's current climate strategy is incompatible with a 1.5°C warming limit and highlight risks associated with long-term LNG import contracts and new gas plant projects. They specifically demand a public commitment to exit gas for electricity production by 2035 in Europe and OECD countries, and by 2040 globally, while halting new gas infrastructure and long-term LNG contracts.

Reclaim Finance contends that ENGIE's strategy of signing long-term LNG import contracts facilitates the construction of new export terminals and the exploitation of new gas fields, specifically in the US Permian Basin. The document highlights that these contracts, some extending beyond 2040, contradict IEA Net Zero scenarios and European decarbonization goals, potentially creating stranded assets or shifting carbon risks to Asia. It specifically cites the Port Arthur LNG and Rio Grande LNG projects as examples of high-emission infrastructure supported by ENGIE, and calls for shareholders to vote against CEO Catherine MacGregor and the company's "Say on Climate" proposal.

Reclaim Finance claims that ENGIE's long-term LNG import contracts, particularly those from the United States, drive the development of new export terminals and gas fields, contradicting decarbonization scenarios. The document highlights that these contracts lock in carbon-intensive trajectories for decades and risk creating stranded assets as European gas demand declines. It specifically cites contracts linked to the Port Arthur LNG terminal and the Rio Grande LNG project, the latter of which saw its carbon capture and sequestration project abandoned. Consequently, Reclaim Finance calls on shareholders to vote against the re-election of CEO Catherine MacGregor and the 'Say on Climate' proposal.

An investigation by Stand.earth Research Group and the Center for International Environmental Law identifies a direct link between fracking in the Permian Basin and the plastic packaging used by major global brands, highlighting the role of specific traders and exporters in fueling fossil fuel expansion.

The report details how climate change drives biodiversity loss through mechanisms like ocean acidification and species range shifts, while biodiversity loss weakens the planet's carbon sinks. It critically assesses 'false solutions'—including monoculture tree plantations, carbon offsetting, and geoengineering—arguing that these policies often cause further ecological damage and land grabbing. The document calls for a systemic shift toward agroecology, energy sufficiency, and the protection of Indigenous Peoples' land rights to address the polycrisis holistically.

The report identifies 128 instances of climate disinformation and 373 narratives of inaction in French audiovisual media between January and March 2025. It highlights a significant concentration of disinformation in private media, particularly Sud Radio, and notes spikes in misleading content during major political events such as Donald Trump's inauguration. The analysis finds that energy and mobility are the most targeted sectors, with a strong tendency to discredit green transition solutions and messengers. The authors argue that traditional media are becoming catalysts for the normalization of climate disinformation, exacerbated by low overall airtime dedicated to environmental issues (2%) and a lack of journalistic challenge to inaccurate claims during interviews.

The document analyzes how climate change disrupts agricultural yields and trade flows, particularly in developing regions, while contributing significantly to global GHG emissions. It highlights the risks of food insecurity and the potential for trade-related climate measures to marginalize vulnerable economies. The author argues for a comprehensive international cooperation agenda focused on reducing trade tensions, reforming harmful subsidies, facilitating technology transfer, and securing global food stocks to ensure a fair transition to sustainable agriculture.

The document argues that communication is a fundamental human right essential for dignity and justice, rather than just a tool for progress. It critiques the current digital ecosystem for being dominated by Global North monopolies and surveillance capitalism, which marginalizes voices in the Global South. Through various case studies and reports, it advocates for a 'people-first digital ecosystem' based on public digital infrastructure, multilingual accessibility, and ethical AI governance to ensure that digital transformation expands rather than narrows human rights.

The report analyzes the first 149 companies to adopt SBTi FLAG targets, finding that while uptake is rapid—particularly in Europe and the food and beverage sector—mitigation plans are uneven. Most companies focus on agricultural emissions reduction and food waste, but few engage in forest management or biochar. The report highlights the role of FLAG targets in accelerating no-deforestation commitments and identifies the need for more robust transition plans as target deadlines approach.

The EU's current clean hydrogen strategy faces a significant gap between aspiration and achievement, with renewable hydrogen accounting for less than 0.4% of total supply. The authors advocate for a broader definition of clean hydrogen that includes carbon capture-enabled reforming, methane pyrolysis, and nuclear-powered electrolysis to improve scalability and affordability. They recommend prioritising hydrogen for hard-to-electrify sectors like chemicals, steel, shipping, and aviation, while steering residential heating and passenger vehicles toward direct electrification. To overcome high costs—where clean hydrogen can reach €17 per kilogram compared to €3.5 per kilogram for unabated hydrogen—the document calls for additional subsidies and the development of centralised production-consumption hubs to reduce expensive transportation.