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Policy Digest #19
The document details regulatory actions, litigation, and legislative updates across several countries focusing on AI, data privacy, and online safety. It also reviews four reports on algorithmic recommender systems, highlighting risks such as the amplification of harmful content and the prioritisation of short-term engagement over long-term user value.
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Document type: Briefing
ArcelorMittal’s AGM: Shareholders must vote against strategic routine resolutions
Reclaim Finance is calling on ArcelorMittal shareholders to escalate engagement at the 2025 AGM by voting against management-proposed resolutions. The organization argues that the company is backtracking on climate goals, delaying direct reduced iron (DRI) projects, and allocating insufficient capital to decarbonization, with only US$0.3-0.4 billion of planned 2025 capital expenditures dedicated to such projects.
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Document type: Statement
Plant-based proteins: a key solution for cutting methane — but are supermarkets doing enough?
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.
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Document type: Research paper
Türkiye Electricity Review 2025
The Türkiye Electricity Review 2025 reports that wind and solar power permanently overtook domestic coal generation in 2024, exceeding domestic coal's historic peak. While the total share of fossil fuels reached its lowest level since 1993, electricity demand growth continues to outpace the deployment of renewables.
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Document type: Report
Türkiye Elektrik Görünümü 2025
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%.
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Document type: Report
Türkiye Electricity Review 2025
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.
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Document type: Report
Global Electricity Source Trends
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.
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Document type: Report
The Big Picture
The report highlights solar power as the primary engine of the global energy transition, noting it surpassed 2,000 TWh of generation in 2024 and doubles every three years. While emerging drivers such as data centres, EVs, and heat pumps have structurally increased electricity demand, clean generation is projected to grow fast enough to meet this demand and drive a structural decline in fossil fuels by 2030. Central to this shift is the progress in China and India, where clean power deployment is breaking the historical link between economic growth and fossil fuel expansion, potentially tipping the global balance toward a decline in fossil generation.
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Document type: Report
Major Countries and Regions
The report examines the 2024 power sectors of China, the US, EU, India, Russia, Japan, and Brazil. Key trends include China's massive solar growth despite record coal generation, the US's first-time transition to wind and solar overtaking coal, the EU's record decline in coal, and Brazil's high renewable share. While India and China continue to see demand growth met partly by coal, the EU and US show a stronger shift toward clean energy, though the US remains reliant on gas.
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Document type: Report
Global Electricity Trends
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.
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Document type: Report
How the G7 Can Advance Action on Fossil Fuel Subsidies in 2025
G7 countries are on track to miss their 2025 deadline to phase out inefficient fossil fuel subsidies, with total subsidies reaching a record USD 282 billion in 2023. The surge was primarily driven by consumer subsidies for natural gas and petroleum to mitigate energy price volatility following Russia's invasion of Ukraine. While some members have implemented domestic reforms or joined coalitions like COFFIS and CETP, the author argues that the G7 must now drop the 'inefficient' qualifier, establish national action plans, and prohibit all subsidies to coal and fossil fuel production to align with 1.5°C climate pathways.
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Document type: Research paper
China’s weakening demand for oil and gas
The document reports a decline in Chinese crude oil consumption and LNG imports, alongside significant economic and regulatory volatility in the US oil and gas sector. It highlights corporate shifts at Shell and BP, the risk of USD 2.3 trillion in stranded fossil fuel assets, and various international developments in LNG and carbon capture.
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Document type: Newsletter
Building movements on the doorstep: the case of Germany's Die Linke
Die Linke conducted over 600,000 doorstep conversations before a snap election using deep canvassing techniques, such as the "70% listening / 30% talking rule," to engage voters who feel alienated from the political system. The campaign relied heavily on volunteers from climate, housing, and anti-fascist movements, who brought "structure based organising" skills to the party. The author argues that these "beyond the bubble" tactics are essential for addressing the cost of living and supporting the green transition by engaging people who are not traditional activists and may be considering the extreme right.
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Document type: Case study
Urgent life-saving intervention required for European environmental NGOs
Carbon Market Watch defends the independence of environmental NGOs receiving EU LIFE programme funding against allegations from some Members of the European Parliament that these organisations act as unofficial mouthpieces for the European Commission. The organisation highlights the vast disparity between the €15 million annual LIFE funding for NGOs and the €1.3 billion spent by corporate lobbyists in 2023, asserting that such grants are vital for balancing the playing field without compromising the NGOs' role as watchdogs.
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Document type: Statement
Library of Selected Due Diligence Measures in the Agri-food and Mining Sectors
The document introduces a workbook designed to help businesses and policy-makers navigate the compliance landscape of due diligence laws. It maps 12 specific mandatory regulations—including the EU Corporate Sustainability Due Diligence Directive and the U.S. Lacey Act—against six common themes: risk management, transparency, traceability, accountability, stakeholder engagement, and legality. The analysis is based on the OECD's definition of due diligence, which focuses on identifying and mitigating adverse environmental and social risks in supply chains.
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Document type: Guide
Fusion on the Grid
The U.S. currently leads the private fusion energy sector with 25 companies and over $6 billion in investment, but faces significant competition from China's state-funded programs. The report highlights fusion's potential to provide clean, firm power, support AI-driven energy demand from data centers, and create a new export market. To maintain leadership, the author recommends a $9.25 billion one-time appropriation for the 2025 Reconciliation Package, reorienting Department of Energy research toward commercialization gaps like breeding blankets, and streamlining regulatory and export frameworks.
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Document type: Report
Hydrogen readiness: a Trojan horse for fossil fuel lock-in
The report analyzes the emergence of 'hydrogen readiness'—the declared ability of infrastructure to use hydrogen in the future—within EU law, private finance, and national policies. It argues that the concept is often used as a 'Trojan horse' to justify the continued construction and subsidization of fossil gas assets. The author identifies significant risks, including carbon lock-in, price volatility, and external energy dependencies, and concludes that the term should be abandoned unless assets can use 100% hydrogen from the outset.
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Document type: Report
The State of Green Banks 2025
The report examines the role of green banks in bridging the USD 7.4 trillion annual climate funding gap. It identifies four main structures: standalone de novo banks, enhanced public development banks (PDBs), green facilities within PDBs, and country platforms. While standalone banks are more common in advanced economies, EMDEs frequently utilize green facilities as transitional mechanisms. The report emphasizes that success depends on financial, environmental, and political sustainability, and proposes three international support options: a new design initiative, expanding the FiCS Innovation Lab, or forming a coalition of existing initiatives.
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Document type: Report
繁荣与衰落2025
In 2024, global coal power saw a contradiction: while new completions reached a 20-year low of 44 GW and the EU increased retirements fourfold, China and India saw record-breaking activity. China's new coal starts reached a ten-year high of 94 GW, driven by approval surges in 2022-2023 and supportive policies like capacity electricity tariffs and long-term power purchase agreements. Conversely, OECD nations have significantly reduced planned projects, though their retirement pace remains too slow to meet Paris Agreement goals.
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Document type: Report
Grandeur et Décadence 2025
In 2024, global coal capacity saw a net increase of 18.8 GW despite the lowest number of new commissions in 20 years, driven primarily by record construction activity in China and India. While the EU27 quadrupled its retirements and the UK eliminated coal entirely, other regions like Russia, Central Asia, and Mongolia continue to expand capacity. The report highlights a stark divide between OECD countries, where projects have plummeted, and Asia, where China and India account for 92% of new projects.
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Document type: Report