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Transforming Trucking in India
The document outlines the potential for zero-emissions trucks (ZETs) to reduce India's oil imports, air pollution, and carbon emissions by 2050. It highlights that medium-duty ZETs already have a lower total cost of ownership than diesel trucks, with heavy-duty parity expected by 2027.
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Document type: Report
Climate Investor 2: A Gender Assessment
The report assesses how climate change exacerbates gender inequalities in three infrastructure sectors: WASH, coastal/marine ecosystems, and ports. It finds that women and girls bear a disproportionate burden of inadequate WASH services and are largely excluded from formal employment and decision-making in the blue economy and port operations. The document proposes a Gender Action Plan for Climate Fund Managers (CFM) to improve access, amplify women's voices in planning, create formal employment opportunities, and implement robust gender-disaggregated monitoring.
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Document type: Report
Relevance of a Non-Proliferation Treaty Put to the Test
The 10th Review Conference of the Non-Proliferation Treaty (NPT) failed to produce an outcome document due to Russian objections regarding the Zaporizhzhia nuclear power plant in Ukraine. While the NPT remains relevant, it faces a credibility crisis as recognized nuclear weapons states modernize arsenals and fail to abide by treaty stipulations. The author argues that the NPT must adapt by strengthening enforcement, establishing a clear timeline for complete nuclear disarmament, and leveraging the Treaty on the Prohibition of Nuclear Weapons (TPNW) to increase its effectiveness.
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Document type: Research paper
Decarbonizing Aviation: Challenges and Opportunities for Emerging Fuels
The aviation sector contributes 2% of global CO2 emissions, with projections suggesting these could triple by 2050 without policy intervention. While Sustainable Aviation Fuels (SAFs) are the primary current solution, the report argues that the term is imprecise and that relying solely on biofuels would require quadrupling global production by 2030 and quintupling it by 2040, posing severe risks to land use, biodiversity, and food security. To meet projected global energy demands of 15.9 quads in 2030 and 21.5 quads in 2050, the report advocates for a shift toward scalable zero-emission fuels (SZEFs)—including hydrogen and synthetic fuels created via direct air capture (DAC)—and electric propulsion. It provides specific policy recommendations for the U.S. and EU, including RD&D investments, carbon intensity standards, and the phasing out of free emission allowances.
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Document type: Report
A Just Energy Transition for a healthy fossil fuel free world
The document outlines the extensive health benefits of transitioning from fossil fuels to renewable energy, emphasizing that such a shift must be 'just' by focusing on the most vulnerable and remediating past damages. It identifies significant reductions in premature deaths from air pollution and occupational hazards, while highlighting opportunities for improved healthcare access and urban wellbeing. The briefing proposes three core principles—inclusive decision-making, health impact tracking, and nature restoration—and provides policy recommendations on redirecting fossil fuel subsidies, integrated ministerial planning, and prioritizing clean cooking solutions.
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Document type: Briefing
Transição energética justa para um mundo saudável e livre de combustíveis fósseis
The document advocates for a just energy transition from fossil fuels to renewable energy, emphasizing that this shift must prioritize social and ecological justice to maximize health benefits. It highlights that ending fossil fuel reliance can prevent millions of premature deaths from air pollution and reduce occupational hazards in mining and oil/gas sectors. The briefing proposes three core principles—inclusive decision-making, health impact tracking, and nature restoration—and recommends redirecting the $425 billion annual fossil fuel subsidies toward clean energy and health services.
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Document type: Briefing
Hacia una transición energética justa para un mundo sano sin combustibles fósiles
The document argues that transitioning from fossil fuels to renewable energy must prioritize social and ecological justice to avoid replicating centralized power structures. It highlights that such a transition could prevent millions of premature deaths annually by reducing air pollution and eliminating occupational hazards for energy workers. The briefing outlines a framework for 'healthy cities' and 'healthy economies,' emphasizing the need to redirect fossil fuel subsidies toward clean energy and health protection. Key recommendations include inclusive decision-making, mandatory health impact monitoring for new energy investments, and the restoration of nature and health damaged during the fossil fuel era.
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Document type: Briefing
Financing Low Carbon Transition in India’s MSME Sector
The report analyzes the financing of low carbon transitions for India's MSME sector, which is highly GHG intensive due to fossil fuel reliance. It identifies a significant credit gap—estimated at USD 240 billion in 2018—and a lack of awareness and technical capacity as primary barriers. While national schemes like RAMP and ZED certification exist, the report finds fragmented implementation and varying levels of alignment between central and state policies, noting that Gujarat partially aligns with national goals while Maharashtra shows significant divergence. Recommendations include scaling incentive-based models, leveraging supply chain pressure from large companies, and mobilizing international climate finance.
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Document type: Report
Steel decarbonization in emerging economies: What case for international climate finance and support?
The report argues that decarbonizing the global steel sector requires a shift from project-based funding to systemic international cooperation that addresses both high capital and operational costs. It highlights a significant gap in green steel initiatives, which are currently clustered in the EU, while production growth is projected in emerging economies. The authors propose the international application of Carbon Contracts for Difference (CCfDs) to cover incremental costs of clean production and mitigate risks for private investors. Furthermore, the report emphasizes that successful transformation depends on fostering trust through non-hierarchical policy dialogues and peer review processes to avoid concerns over national sovereignty and 'carbon colonialism'.
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Document type: Report
FINANCING STEEL DECARBONIZATION INSTRUMENT ANALYSIS
The Financing Steel Decarbonization (FSD) mechanism is a proposed dual-entity structure consisting of the Steel Decarbonization Financing Facility (SDF), a blended debt fund, and the Steel Decarbonization Initiative (SDI), a service company. The SDF aims to invest nearly USD 1 billion over five years to support both commercially available technologies (CATs) and new and innovative technologies (NITs), with a goal of mobilizing an additional USD 3.4 billion in private investment. The SDI provides non-financial support, including technical assistance, impact monitoring, reporting and verification (MRV), and deal brokerage to reduce investment risks. The mechanism targets the Indian steel sector, which contributes approximately 10% of the country's total emissions, aiming to reduce emission intensity by 25% and mitigate up to 250 MtCO2 against the baseline.
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Document type: Report
GREEN AFFORDABLE HOUSING FINANCE INSTRUMENT ANALYSIS
The Green Affordable Housing Finance instrument uses a two-pronged approach—a Guarantee Facility and an Enabling Environment Facility—to unlock local private finance for sustainable housing. It addresses the 'chicken-and-egg' problem where a lack of mortgage finance for low-income households disincentivizes developers from building affordable homes. The instrument will be piloted in Kenya in 2023, targeting the mobilization of USD 48 million in local loans during the pilot and over USD 400 million long-term. It requires all supported homes to be IFC EDGE certified, ensuring at least 20% reductions in embodied energy, energy use, and water use.
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Document type: Report
GREEN GUARANTEE COMPANY INSTRUMENT ANALYSIS
The Green Guarantee Company (GGC) is designed to unlock private institutional capital for climate projects in emerging and frontier markets by providing full hard-currency guarantees for bonds and loans of USD 50-200 million with maturities of 5-20 years. To address technical barriers, the GGC includes a USD 10 million technical assistance (TA) facility to build issuer capabilities and support certification against the Climate Bond Standard (CBS). The instrument will pilot in South Africa before expanding to other large emitters like Brazil, India, and Indonesia, and eventually to more vulnerable least developed countries. Financial modeling suggests the GGC can catalyze up to USD 10.6 billion in climate debt over 20 years, achieving operating breakeven within 3 to 7 years across various scenarios. Expected impacts include the addition of 7.97 GW of renewable energy capacity and the avoidance of approximately 75 Mt of carbon dioxide equivalent.
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Document type: Report
Methodology for Landscape of Climate Finance in Africa
The methodology for the Landscape of Climate Finance in Africa 2022 defines the scope, terminology, and data treatment used to capture climate finance flows across the continent. It utilizes a combination of public and proprietary data from sources such as BNEF, OECD, and the Climate Bonds Initiative, focusing on mitigation, adaptation, and dual-benefit finance. The document details sector classifications—ranging from energy systems to agriculture—and regional groupings based on UN standards. It also identifies significant data gaps, including the difficulty of tracking domestic budget expenditures, private sector investments in adaptation, and the lack of official reporting on Chinese investments in Africa.
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Document type: Guide
Financing Local Green Enterprises
The report identifies a significant global MSME finance gap, estimated at USD 5.2 trillion in 2017, which is exacerbated for green enterprises in developing economies. Key barriers include high informality, inappropriate collateral requirements (favoring fixed over movable assets), and information gaps regarding ESG criteria. The authors recommend establishing green taxonomies, improving credit guarantee schemes, and creating a global green MSME financing facility to leverage Development Finance Institutions (DFIs).
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Document type: Report
Crude awakening
Global Energy Monitor reports that 24,166 km of oil pipelines are in development worldwide, with an estimated cost of USD 75.4 billion. This expansion, led by the United States, India, China, and Russia, is projected to add approximately 30.1 million barrels per day of transmission capacity, potentially generating 4.61 billion tonnes of CO2 annually. The report argues that this buildout creates significant stranded asset risks and contradicts the IEA's Net Zero by 2050 scenario, which states that no new oil fields are necessary to meet Paris Agreement goals.
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Document type: Briefing
‘Jobs versus Grants’: Are employment and basic income a policy trade-off?
The document challenges the belief that social grants create a 'culture of dependency' or discourage labour market participation in South Africa. By reviewing international and local evidence, it argues that cash transfers often facilitate job searches, stimulate local economies, and empower women. The authors advocate for a UBIG indexed to the upper-bound poverty line, funded through progressive taxation, as a means to eliminate poverty while supporting inclusive economic growth.
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Document type: Policy brief
Can a universal basic income contribute to breaking structural poverty in South Africa?
The research argues that a universal basic income grant (UBIG) in South Africa could move beyond immediate poverty relief to dismantle structural poverty by improving labour market participation, health, women's empowerment, and social cohesion. Drawing on local and international evidence, the authors contend that a UBIG funded through progressive taxation would stimulate local economies via multiplier effects and increase human capital. The paper emphasizes that for a UBIG to be effective, it must be unconditional, universal, and integrated with quality public services, rather than serving as a replacement for them.
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Document type: Research paper
Illicit Financial Flows and Conflict in Artisanal and Small-Scale Gold Mining: Burkina Faso, Mali, and Niger
The report analyzes how the informality of artisanal and small-scale gold mining (ASGM) in Burkina Faso, Mali, and Niger facilitates illicit financial flows (IFFs) and fuels regional conflict. It examines the legal frameworks, the scale of gold smuggling—particularly to the UAE—and the ways non-state armed groups exploit mining sites for funding and recruitment. The document highlights a 'vicious circle' where state absence and corruption drive miners toward informal or militant-controlled sites, while recommending simplified formalization, tax harmonization, and multi-level governance to stabilize the sector.
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Document type: Report
India’s State-Owned Energy Enterprises, 2020–2050
The report analyzes the financial exposure of Coal India Limited (CIL), Indian Railways (IR), and NTPC to the energy transition using a Green Economy Model (GEM). It compares a Business-As-Usual (BAU) scenario with an Aspirational scenario aligned with net-zero goals to calculate 'cash flow at risk' (CFaR). The findings indicate significant long-term financial risks for all three entities, particularly in the 2030–2040 period. To mitigate these, the report proposes diversification into solar photovoltaics, battery storage, and operational reforms, while emphasizing the need for a just transition for coal-dependent communities.
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Document type: Report
State Capture Commission Conference: Understanding the findings and recommendations of the Zondo Commission
The report details a conference hosted by PARI and CASAC to examine the Zondo Commission's findings on state capture in South Africa. It identifies systemic failures across Parliament, public procurement, and personnel practices, while proposing the creation of an independent anti-corruption agency and stronger whistleblower protections. The document emphasises that 'greed on steroids' and institutional deficiencies enabled state capture, and calls for a coordinated effort between government, civil society, and the private sector to implement reforms and ensure accountability.
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Document type: Report