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The author contends that while central bank independence must be protected from populist right-wing capture—citing attempts by Donald Trump in the US and leaders in Turkey and India—the current technocratic orthodoxy is failing. The text argues that the ECB's focus on price stability via interest rate hikes has been ineffective against 'cost-push' inflation and 'greedflation', and has actively hindered the green transition by increasing capital costs for renewables. To remedy this, the document proposes a 'whole-of-government approach' involving a coordination council and the definition of time-bound secondary objectives, such as 'green interest rate' policies, to align monetary policy with democratic goals without requiring treaty changes.

The report finds that the EU is not on track to meet its 2030 interconnection targets, with 80% of the power system expected to miss the goal. To reach an optimal grid by 2040, Europe needs to nearly double its interconnection capacity, adding 151 GW. This expansion requires an estimated €150 billion in investment, leaving a €30 billion public funding gap in the proposed 2028-2034 Connecting Europe Facility for Energy (CEF-E) budget.

The report finds that recycled polyester sheds significantly more and finer microfibres than virgin polyester, challenging industry claims of sustainability. Testing of 51 garments from Adidas, H&M, Nike, Shein, and Zara revealed that recycled polyester released an average of 12,430 fibres per gram, compared to 8,028 for virgin polyester. The study argues that the 'bottle-to-textile' recycling model is a form of downcycling that worsens pollution and allows brands to mask a continued reliance on virgin plastics. It also identifies discrepancies in 'recycled' labelling, particularly with Shein, and calls for EU-wide eco-design criteria and a global plastics treaty to cap virgin plastic production.

The document argues that wealth taxation is an appropriate tool for redistribution in South Africa due to extreme inequality, where the richest 0.01% owned 15% of wealth in 2017. It examines three primary instruments: Financial Transaction Taxes (FTTs), dividend taxes, and net wealth taxes. International evidence from France shows that increasing dividend taxes from 15.5% to 46% led to a 15% increase in investment. Net wealth taxes in countries like Argentina, Spain, Norway, Switzerland, and Colombia have raised between 0.2% and 1.5% of GDP. The brief highlights administrative challenges for the South African Revenue Service (SARS) but notes the existence of a High Wealth Individual Unit as evidence of feasibility. It recommends a combination of moderate net wealth taxes, increased dividend taxes, and the introduction of an FTT, supported by tighter capital controls and international cooperation via the UN Framework Convention on International Taxation and Cooperation.

The document outlines a five-step process for governments to identify and quantify fossil fuel subsidies: applying a whole-of-government approach, establishing a comprehensive scope based on WTO standards, choosing measurement methods (price-gap vs. inventory), evaluating socio-economic and environmental impacts, and ensuring regular public disclosure. It emphasizes the use of the WTO Agreement on Subsidies and Countervailing Measures (ASCM) as a minimum baseline and highlights the role of effective carbon rates (ECRs) in improving cross-country comparability.

Reclaim Finance and 19 youth and student organizations have issued an open letter to Agirc-Arrco, ERAFP, and the Fonds de réserve pour les retraites, urging them to stop funding the development of coal, oil, and gas. The signatories argue that continued investment in fossil fuel companies, such as TotalEnergies and BP, and the use of asset managers like BlackRock, contradicts scientific goals to limit global warming to 1.5°C and threatens the future stability, health, and security of young people.

The statement argues that the Canada-Alberta MOU represents a 'climb down' in climate leadership by pushing the 75% methane reduction target to 2035, contradicting a previous 2030 promise. The authors claim this delay threatens thousands of jobs in the methane mitigation industry, ignores more stringent standards adopted by the EU, US states, and other G7 allies, and results in significant economic waste from leaked natural gas.

Reclaim Finance criticizes AXA for insuring the Calcasieu Pass LNG terminal in Louisiana, arguing that this contradicts AXA's stated commitments to reduce support for shale gas. The document highlights the terminal's significant local pollution, its role in global methane emissions, and the contradiction in AXA's policy of refusing to insure shale gas production while insuring the export terminals that process it.

Analysis of 840 municipalities in the Cerrado shows that land clearing for soy creates a 3:1 productivity loss, where climate spillovers outweigh the gains from new farmland. While individual farmers profit by externalizing costs, the region lost USD 9.4 billion in potential soy production between 2013 and 2023 due to deforestation-induced drying. Global importers, particularly China and Germany, face significant supply chain vulnerabilities, with China's sourcing regions losing USD 5.0 billion in annual production capacity. The report argues for urgent conservation and intensification strategies, noting that most municipalities are still below a critical climate threshold where protection delivers maximum benefit.

Ten years after the Paris Agreement, solar energy has transitioned from a marginal source to the fastest-growing electricity source globally, with leadership shifting from advanced economies to emerging markets. Brazil, China, and India have been central to this shift, collectively accounting for 60% of new solar capacity since 2015. The report highlights how national commitments (NDCs), international financing, and industrial policies—such as Brazil's renewable energy auctions and China's manufacturing scale—have drastically reduced costs and increased global deployment. By 2025, the world reached 2.2 TW of solar capacity, with the focus now shifting toward energy storage and grid reliability to ensure 24/7 availability.

The report details the transition of solar leadership from mature to emerging economies following the 2015 Paris Agreement. It highlights the exponential growth of solar power globally, rising from 1% of generation in 2015 to 8.8% in the first half of 2025. The document specifically examines the roles of Brazil, China, and India, noting that these three countries account for 60% of all new solar capacity since 2015. It attributes this surge to national targets (NDCs), international climate finance, and the establishment of the International Solar Alliance (ISA).

Reclaim Finance reports that the vast majority of TotalEnergies' top shareholders voted in favor of management resolutions at the 2025 general assembly, including the re-election of directors and CEO remuneration. This support persists despite the company's decision to stop 'Say on Climate' votes and its increased investment in oil and gas projects, which Reclaim Finance describes as a 'climaticide' strategy that ignores IPCC and IEA recommendations for a 1.5°C trajectory.

Reclaim Finance reports that the vast majority of TotalEnergies' top global, European, and French shareholders approved management resolutions at the 2025 annual meeting, including CEO remuneration and director re-election. The analysis highlights a disconnect between these votes and science-based climate recommendations, noting that TotalEnergies remains the 6th largest oil and gas field developer globally as of 2024 and has increased planned oil and gas production. While a few shareholders like Union Investment and Ofi Invest AM voted against specific strategic resolutions, the overall average approval rate for management proposals was 94.8%. Reclaim Finance criticizes shareholders for prioritizing short-term financial returns, such as dividends and share buybacks, over the energy transition.

The report argues that temporary CRCF units from carbon farming are currently of low quality due to insufficient management of non-permanence and additionality risks, making them unsuitable for offsetting emissions. It assesses proposed EU agri-food policies—including an Agricultural Emissions Trading System (AgETS) and Mandatory Climate Standards (MCS)—concluding that allowing these units as offsets would undermine environmental integrity. The authors recommend shifting toward activity-based payments, either through a reformed Common Agricultural Policy (CAP) or other public funding mechanisms, to promote carbon farming without the integrity risks associated with result-based crediting.

Reclaim Finance reports a 'double discourse' within the Crédit Agricole group regarding climate commitments. While Crédit Agricole CIB announced in May 2024 that it would no longer participate in conventional bond issuances for fossil fuel companies, its subsidiary Amundi continues to provide capital to the sector. Between 2024 and 2025, Amundi invested 300 million euros in 80 bonds from companies expanding coal, oil, and gas projects, including significant holdings in Glencore, Saudi Aramco, TotalEnergies, and BP. The report contrasts this with BNP Paribas, which extended similar restrictions to its asset management and insurance arms. Reclaim Finance asserts that this inconsistency undermines the group's climate credibility and calls for an immediate alignment of Amundi's policies with the group's stated transition goals.

The briefing outlines three primary policy areas to scale demand flexibility in Europe: accelerating smart meter rollout, implementing time-of-use tariffs, and removing barriers to automation and aggregation. It highlights the need for updated technical standards by 2026 and national objectives by 2027 to overcome slow implementation of EU rules.

Reclaim Finance identifies a 'double discourse' within the Crédit Agricole group, noting that while the parent bank has committed to ending oil and gas expansion, its subsidiary Amundi continues to invest in bonds issued by fossil fuel companies such as TotalEnergies, BP, Saudi Aramco, and Glencore in 2024 and 2025.

Reclaim Finance criticizes Agirc-Arrco, ERAFP, and the Fonds de Réserve pour les Retraites (FRR) for employing BlackRock, an asset manager it claims actively supports fossil fuel expansion. The organization highlights BlackRock's $431 billion in holdings in companies developing new fossil projects as of May 2024 and its declining support for environmental shareholder resolutions. Reclaim Finance urges these French institutions to adopt science-based climate criteria for selecting managers and to publicly oppose BlackRock's practices, noting that other European pension funds, such as the Dutch PFZW, have already withdrawn mandates from the firm.

The World Resources Institute outlines a seven-part framework to move intergovernmental climate coalitions from symbolic announcements to measurable impact. The guide emphasizes the need for clear purposes, actionable goals, diverse leadership—particularly from the Global South—and robust institutional structures like secretariats. It argues that without systematic monitoring and the integration of goals into national policies, the growing number of climate pledges risks duplication and dilution rather than systemic delivery.

The report finds that 73% of Poles are worried about climate change and 74% believe it will negatively impact future generations. Despite this, there is a growing 'I don't know' group (plemię nie wiem) regarding government action, which the authors attribute to a lack of political advocacy and the polarization of topics like wind energy. While some negative sentiment spiked following protests against the EU Green Deal, overall support for climate policy remains high, and no significant public opposition to environmental action was found across multiple surveys.