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Between 2021 and 2023, commercial banks in G7 countries provided US$101 billion to the coal industry, with American and Japanese banks contributing over US$73 billion. The report highlights that this financing exceeds the G7-led pledges for Just Energy Transition Partnerships (JETPs) and calls for stricter capital requirements and prohibitions to ensure a phase-out aligned with 1.5°C goals.

Between 2021 and 2023, commercial banks from G7 countries provided $101 billion to the coal industry, with US and Japanese banks leading the funding. The report highlights that this financing far exceeds the G7-led funding promised for Just Energy Transition Partnerships (JETPs) in developing nations. It criticizes the G7's goal of phasing out coal by the first half of the 2030s as insufficient to meet the 1.5°C warming limit and calls for strict capital requirements and bans on coal developers.

The report finds that many of the world's largest fossil fuel producers fail to address the transition of the fossil fuel sector in their climate plans. It argues that third-generation NDCs must include specific targets, pathways, and policies to wind down production in alignment with the COP 28 agreement to ensure a just and orderly transition.

The statement emphasizes the necessity of accurate environmental reporting to address the 'triple planetary crisis' of pollution, climate, and biodiversity loss. It notes that environmental journalism is among the most dangerous beats, second only to war reporting, particularly for citizen journalists from Indigenous communities.

The report details a record-breaking Q1 2024 for aligned GSS+ debt, with USD 272.7bn added. Green bonds dominated the market, while Europe remained the primary regional source. The report also highlights the growth of sovereign GSS+ issuance, the emergence of nuclear energy in green bond frameworks in North America, and the evolving alignment of sustainability-linked bonds (SLBs) with Climate Bonds' methodology.

The report argues that fiscal policies—including roadmaps, tax incentives, guarantees, and subsidies—are essential to bridge the net-zero investment gap in the ASEAN+3 region. It identifies critical barriers such as a lack of suitable project pipelines, regulatory uncertainty, and the predominance of MSMEs. The document recommends a holistic approach combining these fiscal tools with non-fiscal policies like green taxonomies and mandatory climate disclosures to steer the financial sector toward sustainable development goals.

The report argues that transition indicators can bridge the 'ambition gap' and 'implementation gap' by articulating the tangible socio-economic benefits of climate neutrality and resilience. Through case studies in Germany, South Korea, China, India, Indonesia, Kenya, and the Netherlands, the authors propose specific metrics for the power, industry, transport, building, and agricultural sectors. These indicators are designed to facilitate inclusive social dialogue, improve governance by clarifying sectoral responsibilities, and encourage international mutual learning, particularly within the Global South.

The report analyzes the current state of fossil fuel production references in the climate commitments of the 20 largest producers and provides a framework for including production phase-outs in future NDCs and LT-LEDS. It finds that most producers either omit production plans or signal continued extraction, which contradicts 1.5°C-compatible scenarios. The authors propose five key elements for new commitments: background production data, phase-out targets, restrictive policies, just transition planning, and equity-based international cooperation.

The document analyzes India's high import dependence on copper and the global supply risks—including geopolitical instability in producer nations and declining ore grades—that threaten its economic and energy goals. It proposes a four-pronged strategy: diversifying primary supply through strategic partnerships, reforming trade duties to encourage domestic value addition, providing production-linked incentives for the smelting and fabrication industry, and rationalizing the GST on copper scrap to formalize the recycling sector.

The document explores the application of Just Energy Transition Partnerships (JET-P) in Colombia, analyzing international experiences from South Africa, Indonesia, Vietnam, and Senegal. It identifies a significant financing gap, noting that public investment currently represents only 0.01% of required resources. The brief proposes a country platform to attract international public and private capital, while emphasizing the need for grants over loans to avoid increasing public debt. It prioritizes strategic projects such as energy communities and the phase-out of coal plants, while arguing against financing fossil fuel infrastructure or inefficient subsidies.

The document analyzes the JET-P model as a mechanism to catalyze international and private investment for Colombia's energy transition. It highlights a significant funding gap, noting that public investment currently represents only 0.01% of required resources. By reviewing JET-P experiences in South Africa, Indonesia, Vietnam, and Senegal, the report identifies risks such as increased public debt and the need for transparent, community-led project design. It proposes prioritizing projects like energy communities and the phase-out of coal plants, while warning against financing fossil fuel infrastructure or inefficient consumption subsidies.

The report identifies a systemic network of financial support for Indonesia's coal industry, noting that between 2020 and 2023, at least IDR 163 trillion was disbursed to coal-related activities. It highlights the role of state-owned banks, particularly Bank Mandiri and Bank Rakyat Indonesia, as primary funders. The document argues that this financial support, combined with 'regulatory capture' and the influence of a wealthy elite (the 1%), creates a state of 'climate delay.' It specifically criticizes the OJK's updated green taxonomy for labeling certain coal-fired power plants as 'Green' or 'Transition,' which the authors characterize as greenwashing. The report also maps the ownership and political affiliations of seven major coal companies, linking them to politically exposed persons and individuals listed in Offshore Leaks.

The report identifies a systemic link between Indonesia's coal industry, political elites, and national banks, which continues to fund fossil fuel expansion despite global climate commitments.

The report argues that Indonesia's biomass co-firing program primarily benefits large conglomerates and politically connected elites rather than promoting a just energy transition. It highlights how companies affiliated with groups like Sinarmas, Korindo, and Medco dominate energy plantation forest (HTE) concessions, often through opaque ownership structures or 'shadow companies'. The document details instances of deforestation, land conflicts with indigenous peoples (notably in Papua and NTB), and the persistence of 'carbon debts' resulting from the conversion of natural forests to HTE. Furthermore, it notes that some biomass suppliers are also coal traders, and that the actual biomass used in PLTUs often consists of unregulated sawdust rather than the planned wood pellets, undermining the program's environmental claims.

The document asserts that nature loss is a "macro-critical" threat to financial stability, with potential global economic costs of $5 trillion over five years. It details how policy, legal, reputational, and physical risks are already impacting corporate balance sheets, citing examples such as Tesla's Gigafactory delays and significant financial losses from mishandled nature interactions. The briefing identifies five priority themes for investors through 2025: framework alignment (e.g., TNFD), leveraging AI for deforestation data, managing ocean-related impacts in the blue economy, pursuing 'nature alpha' for financial returns, and active policy engagement to reverse biodiversity loss.

The report finds that human-induced climate change significantly increased the frequency, intensity, and duration of extreme heat globally from May 2023 to May 2024. Using the Climate Shift Index (CSI), the study determined that 6.3 billion people experienced at least 31 days of extreme heat made at least twice as likely by climate change. It identifies 76 extreme heat waves across 90 countries and highlights critical gaps in impact reporting, particularly in developing regions. The authors advocate for City Heat Action Plans and systemic adaptations to prevent heat-related fatalities.

The brief analyzes financial capital trends in Ethiopia, Indonesia, and Trinidad and Tobago between 1995 and 2020, noting that while financial capital generally contributes positively to total wealth, Ethiopia and Trinidad and Tobago saw an increase in liabilities over assets toward the end of the period. It recommends diversifying debt financing sources, particularly for Trinidad and Tobago, and improving public debt management and governance to ensure long-term resilience.

The document reports that natural capital in Ethiopia, Indonesia, and Trinidad and Tobago is poorly managed, with per capita market natural capital stocks stagnating or declining after 2008. It highlights a dangerous concentration of market natural capital in agricultural land for Ethiopia, and in oil, gas, and minerals for Indonesia and Trinidad and Tobago, while noting that non-market natural capital is threatened by climate change and population growth.

The document analyzes produced capital—the value of human-made assets—in Ethiopia, Indonesia, and Trinidad and Tobago, noting that levels remain low compared to developed nations and are concentrated in few sectors. It highlights a critical need for increased investment in renewable energy and agriculture to meet climate and food security goals, while noting that a lack of regular measurement by national statistical offices hinders policy-making.

The report argues that while GDP growth suggests sound economic development in Trinidad and Tobago from 1995 to 2020, an analysis of comprehensive wealth reveals an unsustainable path. The country's wealth is heavily skewed toward the petroleum industry, leaving non-oil sectors like agriculture, fisheries, and forestry under-invested. Additionally, human capital has declined globally from 35th in 2009 to 46th in 2018, and financial capital contributes little to overall wealth despite sovereign wealth fund efforts.