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Clean Power 2030 builds stability by cutting import reliance
The report finds that the Clean Power 2030 Action Plan will reduce gas imports for power generation by 57% by 2030, but notes that the UK remains vulnerable to price shocks due to continued import reliance in heating, transport, and biomass power. It argues that transitioning to heat pumps and electric vehicles would significantly lower import dependence and household costs, as a 2030 heat pump is forecast to be 85% less reliant on imports than a gas boiler.
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Document type: Report
Hydrogen in EU Industry
The report analyzes hydrogen consumption and production in the EU 27, finding that 84% of consumption is concentrated in refining and ammonia production. It argues that decarbonising existing industrial hydrogen production is a more immediate and necessary priority than nascent sectors like mobility. The analysis highlights that while the EU has a production capacity of 10.3 Mt/y, high energy costs and volatile gas prices have led to low utilisation rates and plant closures in the ammonia and steam cracker sectors.
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Document type: Report
“CLEAN UP IN AISLE 3” “CLEAN UP ON AISLE 3” THE METHANE MESS SUPERMARKETS ARE HIDING
The report finds a systemic lack of methane accountability among top US and European supermarkets, with none of the 20 largest retailers setting specific methane reduction targets despite the significant impact of animal agriculture on global heating.
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Document type: Report
Getting Where We Need to Go
The document outlines a strategy for Canada to achieve net-zero passenger transport by prioritizing walking, cycling, public transit, and zero-emission vehicles (ZEVs). It highlights that 82% of Canadians live in urban areas, making the country well-suited for these transitions. The brief argues that this shift would reduce household costs, improve public health by reducing air and noise pollution, and create approximately 1.6 million jobs by 2050. Key policy recommendations include a federal ZEV sales standard requiring all new light-duty vehicle sales to be ZEVs by 2035, increased funding for high-speed rail in the Quebec-Windsor corridor, and provincial zoning reforms to increase urban density.
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Document type: Policy brief
Directive Omnibus : vers un affaiblissement historique des normes ESG en Europe
The European Commission's proposed 'Omnibus' directive is criticized by several civil society organizations as a 'massive and unprecedented' deregulation. The proposal seeks to reduce the scope and effectiveness of the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD), potentially allowing companies to avoid accountability for environmental and human rights abuses while limiting the transparency of climate transition data.
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Document type: Statement
Omnibus directive: towards a historic weakening of ESG standards in Europe
A joint statement by several civil society organizations criticizing the European Commission's 'Omnibus' directive proposal for drastically reducing the scope and effectiveness of the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD), which they claim prioritizes corporate profits over human rights and climate goals.
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Document type: Statement
UN votes on Ukraine: shifting alliances and the Global South’s role
On 24 February 2025, the UN Security Council and General Assembly passed three resolutions on Ukraine, revealing significant fractures in Western unity and a strategic shift in the Global South's approach. While Europe continues to demand Russian accountability and territorial integrity, the Trump administration has pivoted toward de-escalation and negotiations, leading the US to abstain from or oppose resolutions with harsh condemnatory language. Concurrently, Global South nations, including South Africa, India, and Brazil, are increasingly adopting a pragmatic, non-aligned stance that prioritizes diplomatic mediation and national interests over binary confrontations.
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Document type: Research paper
Six Youths v. Minister of Environment and Others
Six youth activists sued the Brazilian government, claiming the 2020 NDC update used an 'accounting trick' to increase allowable emissions while maintaining the same reduction percentages as the 2015 NDC. The plaintiffs argued this violated the principle of non-regression and the Paris Agreement. A federal judge denied the request for urgent injunctive relief, ruling that the updated NDC's goal of climate neutrality by 2060 and the nature of the calculation changes did not prove a lack of ambition or a violation of the principle of progression. The case is currently awaiting final judgement.
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Document type: Case study
Lettre ouverte à l’adresse de M. Stéphane Séjourné
A group of French environmental and human rights organizations warns that the European Commission's proposed 'Omnibus' legislation threatens to undermine the Corporate Sustainability Due Diligence Directive (CSDDD) by limiting corporate vigilance to direct partners, removing mandatory climate transition plans, and rolling back civil liability for failures.
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Document type: Statement
Contre l’agenda de dérégulation de la FBF : les banques françaises doivent parler
Reclaim Finance criticizes the Fédération bancaire française (FBF) for seeking to weaken European directives on corporate sustainability due diligence and extra-financial reporting through a proposed 'omnibus' deregulation law. The FBF is accused of attempting to shield banks from legal risks associated with financing companies that violate human rights or environmental standards, while also seeking to eliminate requirements for climate transition plans. Reclaim Finance notes that while the FBF has lobbied European Commission officials, the 320 member banks have remained largely silent, creating a contradiction with their public images as supporters of ambitious climate regulation.
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Document type: Statement
The Fall of Bukavu: Rwanda, M23 and the Battle for Influence in the Eastern DRC
In February 2025, M23 rebels captured Bukavu, the capital of South Kivu province in the eastern DRC, following the previous seizure of Goma. The document argues that Rwanda's support for M23 is driven by a combination of national security concerns—specifically the threat posed by the Democratic Forces of the Liberation of Rwanda (FDLR)—and economic interests related to minerals like gold, tin, and tantalum. It further notes that rivalry with Uganda and a perceived weakness in the Southern African Development Community (SADC) have emboldened Rwanda's actions. Despite calls from the US, France, the UK, and China for Rwandan forces to withdraw, the international response remains tepid, with few concrete sanctions or aid cuts implemented.
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Document type: Research paper
Building Future-Proof CO2 Transport Infrastructure in Europe
The document examines the necessity of a Europe-wide CO2 transport network, estimating a need for 15,000 to 19,000 km of infrastructure by 2050 to move 250 million tonnes of CO2 annually. It highlights the risk of 'natural monopolies' in pipeline transport and advocates for a shift from negotiated third-party access to a regulated access regime to prevent excessive tariffs. The brief proposes inter-temporal cost allocation mechanisms, such as Germany's 'amortisation account', to solve the 'first mover disadvantage' where early users bear disproportionate costs for oversized infrastructure. It also addresses 'cross-chain' financial risks and the need for standardised CO2 purity specifications to ensure network interoperability and safety.
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Document type: Policy brief
CSRD : les banques françaises face leurs positions passes
An analysis by Reclaim Finance reveals that in 2020, Crédit Agricole, BNP Paribas, BPCE, Société Générale, and the Fédération bancaire française (FBF) unanimously supported the CSRD. These institutions advocated for mandatory common standards, climate transition plans aligned with European goals, and the extraterritorial application of reporting rules to ensure comparability. They also supported lowering the reporting threshold to companies with 250 employees to facilitate green financing. The report contrasts these past positions with current industry efforts to simplify or weaken the regulation.
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Document type: Research paper
GNL : ING va-t-elle changer la donne ?
Reclaim Finance critiques the Dutch bank ING for implementing a 'double standard' in its climate policy. While ING is the first major international bank to announce an end to direct project financing for new LNG export terminals starting in 2026, it continues to provide corporate financial services to the companies developing these projects. Between 2021 and 2023, ING provided over $5 billion to LNG expansion, ranking it as the second-largest European financier of the sector. The document highlights that corporate financing, which remains permitted under ING's new policy, accounts for 96% of financing allocated to the fossil fuel industry. Specific examples of continued support include $3 billion provided to Venture Global and the bank's role in the company's January 2025 IPO, as well as bond issuances for Cheniere Energy in early 2024.
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Document type: Statement
Will ING change the game?
Reclaim Finance criticizes ING for a 'double standard' in its climate policy: while the bank is the first major international bank to announce an end to direct project financing for new LNG export terminals starting in 2026, it continues to provide corporate financing to major LNG developers. Between 2021 and 2023, ING provided over US$5 billion to LNG expansion, making it the second-largest European financier in this sector. The document highlights ING's significant financial ties to Venture Global, including US$3 billion allocated between 2021 and 2023 and participation in its January 2025 initial public offering, as well as its role in issuing bonds for Cheniere Energy in early 2024.
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Document type: Statement
Six Key Pillars of a Fiscal Framework to Support the MTDP
The Institute for Economic Justice (IEJ) argues that South Africa's Medium-Term Development Plan (MTDP) will fail if the National Treasury continues a "dogma of austerity" focused on debt reduction and primary budget surpluses. The IEJ proposes a fiscal framework based on six pillars: prioritizing unemployment and poverty reduction over debt rules, taxing the wealthy to raise resources, centering the state in infrastructure investment, directing spending toward labor-intensive sectors, maintaining social wage expenditure, and conducting evidence-based spending reviews. The document highlights that current disinvestment in health and education, combined with an overreliance on Public-Private Partnerships (PPPs), undermines human capital and economic growth.
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Document type: Statement
Pour la fin du financement de nouveaux terminaux dimportation de GNL en Europe
Reclaim Finance argues that Europe is developing excessive LNG import capacity despite falling gas consumption, leading to a high risk of stranded assets. The document specifically criticizes energy companies like ENGIE, Enel, and RWE for expanding infrastructure and signing long-term contracts that lock in fossil fuel dependency. It highlights that US-sourced LNG, which accounted for 46% of European imports in 2023, is particularly damaging due to hydraulic fracturing and methane leaks. The author calls on financial institutions, including Société Générale and BNP Paribas, to demand that these companies stop developing new terminals and cease signing long-term import contracts incompatible with a 1.5°C warming limit.
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Document type: Statement
Ending the financing of new LNG import terminals in Europe
The document warns that Europe is creating substantial LNG import overcapacities despite declining gas consumption, risking the creation of stranded assets and locking the continent into a polluting energy system. It specifically calls out power utilities ENGIE, Enel, and RWE, and urges their financial backers to demand a halt to new terminal projects and long-term contracts.
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Document type: Statement
Building Future-Proof CO2 Transport Infrastructure in Europe
The report outlines the necessity of a Europe-wide CO2 transport network, estimating a need for 15,000 to 19,000 km of infrastructure by 2050 to move 250 million tonnes of CO2 annually. It argues that because CO2 networks often function as 'natural monopolies', EU-level regulation is required to prevent monopoly pricing and ensure non-discriminatory third-party access. The document recommends inter-temporal cost allocation mechanisms—similar to those used for hydrogen—to avoid 'first mover disadvantage' where early users bear disproportionate costs for oversized infrastructure. It also addresses 'cross-chain' financial risks and the need for harmonised CO2 purity standards to ensure network interoperability and safety.
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Document type: Report
Des risques à nos portes
The Canadian Climate Institute warns that current land-use policies could lead to over 540,000 new homes being built in flood-risk zones and 220,000 in high-wildfire-risk areas by 2030. This trajectory could increase annual flood damages by up to $2 billion and wildfire damages by $1.1 billion. The report identifies critical gaps in provincial regulations, a lack of up-to-date risk mapping, and 'moral hazard' created by disaster assistance programs that encourage risky construction. It recommends strengthening land-use regulations, integrating risk data into housing and infrastructure funding, and mandating risk disclosure during real estate transactions.
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Document type: Report