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International Investment Law and ISDS: Overcoming Legal Barriers to Effective Climate Action under the UNFCCC and the Paris Agreement
The document examines how ISDS allows foreign investors, particularly in the fossil fuel industry, to sue governments over climate regulations, leading to a 'chilling effect' where states delay or weaken policies to avoid costly awards. It argues that these protections act as a subsidy for GHG-intensive industries, contradicting Article 2.1(c) of the Paris Agreement. The brief concludes that fragmented procedural reforms are insufficient and advocates for a unified global approach, including the use of COP29 and Nationally Determined Contributions (NDCs) to coordinate ISDS withdrawals or carve-outs.
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Document type: Policy brief
G20 CARBON BOMBS: THREAT OF FOSSIL FUEL RESERVES VS OPPORTUNITY FOR A JUST TRANSITION
The report highlights that G20 fossil fuel reserves contain over a trillion tons of CO2 equivalent, which would exceed the 2ºC carbon budget if fully extracted. It notes that emissions from G20 fossil fuel extraction nearly doubled between the 1992 Rio Summit and 2020. Despite this, the document argues that G20 economies have become less dependent on fossil fuel rents over the last three decades, making them better equipped to transition. It specifically identifies the USA, Canada, Australia, the UK, Germany, and Italy as being best placed to transition first and fastest.
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Document type: Report
IF IT’S NOT GLOBAL, IT’S NOT JUST: HOW A FOSSIL FUEL NON-PROLIFERATION TREATY CAN ACCELERATE FINANCE FOR A GLOBAL JUST TRANSITION
The report argues that a Fossil Fuel Non-Proliferation Treaty can catalyze the financing necessary for a global just transition by establishing new funding regimes, creating state obligations, and supporting parallel financial reforms. It categorizes potential solutions into three clusters: debt management, new forms of finance and investment, and the replacement of fossil fuel revenues. The authors emphasize that wealthy nations must assume historical responsibility by ending extraction first and providing financial support to low and middle-income countries (LMICs) to diversify their economies.
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Document type: Report
Shifting sands
The report analyzes the roles of Libya, Tunisia, and Egypt as transit and destination hubs for migrants moving from sub-Saharan Africa toward Europe. It highlights a systemic tension between the European Union's focus on border externalization and the African Union's goal of regional free movement. In Libya, state fragmentation has allowed smuggling networks and militias to control migration routes, leading to severe human rights abuses. Tunisia has seen a surge in sub-Saharan migrants and relies heavily on EU-funded border security despite lacking a national asylum policy. Egypt hosts approximately nine million migrants and maintains a more stable governance structure, though it has recently implemented stricter visa restrictions for Sudanese nationals. The report argues that current securitized approaches often drive migrants toward riskier routes and recommends a shift toward human rights, economic development, and the ratification of the AU Free Movement Protocol.
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Document type: Report
EUROPEAN BANKS AND TRANSITION: Time for a reality check
The report finds that the 20 largest European banks provided US$200.3 billion to companies expanding upstream and midstream oil and gas between 2021 and 2023, with Barclays and HSBC as the largest supporters. Despite net zero pledges, most banks lack robust policies to end corporate financing for fossil fuel expansion, and financing to diversified oil and gas companies remains overwhelmingly directed toward fossil fuel activities rather than sustainable transitions.
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Document type: Report
Coalitions and the GNU in South Africa: Proposals to Embrace, Pitfalls to Avoid
The document examines the transition of South Africa to a national coalition government following the May 2024 elections, where the ANC lost its majority. It contrasts the 2024 GNU—born of political necessity—with the 1994 GNU, which was mandatory for reconciliation. The authors analyze the instability of local-level coalitions in South Africa and review coalition models in Kenya, Lesotho, Malawi, and Western Europe. The brief concludes that South Africa should adopt formal, written coalition agreements to prioritize governmental accountability and service delivery over the retention of political power.
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Document type: Policy brief
What to expect from the 2024 BRICS Summit
The 2024 BRICS Summit is expected to focus on integrating new members and defining the role of 'partner countries' rather than further expansion. Key economic goals include increasing trade in local currencies to reduce dollar reliance and streamlining payments via the BRICS Cross-Border Payments Initiative. The document highlights opportunities for coordination between BRICS, the G20, and the G7, particularly with Brazil and South Africa holding leadership roles in 2025. On climate, BRICS is expected to reaffirm support for the Paris Agreement and a just transition that allows for the continued use of fossil fuels for energy security, while potentially introducing a new framework for sustainable development and carbon market projects.
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Document type: Briefing
Risks and opportunities for nature-based solutions in Latin America and the Caribbean
Nature-based solutions (NbS) are being integrated into climate strategies across Latin America and the Caribbean to address biodiversity loss and climate change. While they offer significant economic and ecological potential—such as protecting coastal resilience and sequestering carbon—they cannot replace the need for deep emissions reductions from fossil fuels. The document warns that vague definitions of NbS can lead to 'greenwashing' by polluting corporations and risk the displacement of Indigenous and local communities through land grabs and monoculture plantations. For NbS to be sustainable, the author argues they must be based on local knowledge, ensure Free, Prior, and Informed Consent (FPIC), and be supported by diverse financing mechanisms beyond voluntary safeguards.
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Document type: Briefing
Report on the activities of the Independent Evaluation Unit
The IEU report for May-August 2024 outlines the completion of evaluations on whistleblower protection, the GCF Investment Framework, and the energy sector portfolio. It details ongoing evaluations in Latin America and the Caribbean, health and food security, and Indigenous Peoples' approaches. The report also highlights the LORTA impact evaluation programme, evidence reviews on just transition and market-based approaches, and the progress of a Management Action Report on the Readiness and Preparatory Support Programme, where the Secretariat agreed to all 15 recommendations with varying levels of implementation progress.
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Document type: Report
The State of European Pension Funds’ Net-Zero Transition
The report finds a positive trend in European pension funds' commitment to sustainable investing, with significant growth in the adoption of mitigation targets and climate risk management. However, a persistent gap remains between these commitments and actual real-economy impact, as pension funds rarely invest directly in projects and often hold fragmented indirect ownership. The analysis highlights that larger funds, those in net-zero coalitions, and funds in countries with strong regulatory frameworks—such as the Nordic countries, the Netherlands, and France—are leading the transition. Key challenges include the gap between asset ownership and management, the difficulty of transitioning passive investments, and limited capital flow to emerging markets and developing economies (EMDEs).
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Document type: Report
FIMI-ISAC Collective Findings I: Elections October 2024
The report identifies a dual-track narrative strategy: 'Type A' narratives that exploit societal vulnerabilities to sow discord (such as anti-immigrant and gendered disinformation), and 'Type B' narratives that erode trust in democratic institutions (including electoral fraud and anti-West rhetoric). It details the use of advanced Tactics, Techniques, and Procedures (TTPs) based on the DISARM framework, highlighting the role of AI-generated deepfakes, website cloning, and coordinated inauthentic behavior. The findings suggest that despite EU guidelines under the Digital Services Act, voluntary recommendations are insufficient to protect democratic processes from these evolving, often state-sponsored, threats.
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Document type: Report
Climate-smart coffee production in the East African Community and export opportunities to the EU
The report highlights that climate-smart agriculture (CSA) practices, particularly mulching and agroforestry, can significantly increase coffee yields and carbon sequestration in the East African Community (EAC). It notes a growing export market in the EU, which accounted for 60.1% of EAC coffee exports in 2021, but emphasizes that producers must adopt CSA to meet stringent EU sustainability, traceability, and phytosanitary requirements. Key barriers to CSA adoption include limited finance, land tenure issues, and inadequate extension services.
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Document type: Report
EU battery storage is ready for its moment in the sun
The EU is experiencing a surge in solar and wind power, which frequently exceeds demand during peak hours, leading to price volatility and negative electricity prices. While renewables are growing, the lack of system flexibility—such as battery storage and interconnectors—forces a continued reliance on fossil fuels during evenings and early mornings. The report highlights that by 2030, excess wind and solar power could reach 183 TWh across the EU, potentially saving €9 billion in annual gas costs if shifted effectively. It specifically notes Germany's role as a leader in battery capacity and suggests that further additions could significantly displace hard coal and gas. The document recommends removing regulatory barriers to co-location, implementing national flexibility strategies in National Energy and Climate Plans (NECPs), and establishing a comprehensive EU strategy for clean flexibility.
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Document type: Report
Informations sur des atrocités près de Mozambique LNG : des ONGs demandent une enquête
NGOs are demanding an international investigation into reports that Mozambican security forces committed massacres, torture, and sexual violence near the Mozambique LNG project site between July and September 2021. The statement highlights TotalEnergies' controversial relationship with the Mozambican military and calls on financial institutions to cease their support for the project due to severe human rights and environmental risks.
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Document type: Statement
NGOs call for official investigation into reports of atrocities linked to Mozambique LNG
A group of NGOs, including Reclaim Finance and Friends of the Earth, is demanding an official investigation into reports of a massacre of civilians by Mozambican public security forces near TotalEnergies' premises in 2021. The NGOs highlight the company's financial and equipment ties to the Mozambican army and argue that financial institutions supporting the project must address these human rights risks.
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Document type: Statement
Confirmation Hearings of the European Commissioners-Designate – CATF’s Key Questions
The Clean Air Task Force (CATF) outlines key policy priorities for the incoming European Commission, emphasizing the need for a 'Clean Industrial Deal' that aligns competitiveness with a 90% emissions reduction target by 2040. The document advocates for 'clean firm power'—including geothermal, nuclear, and CCS—to complement renewables and ensure grid reliability. It calls for a 'reality check' on hydrogen targets, a more ambitious implementation of the Methane Regulation (including agricultural emissions), and the development of a clear strategy for carbon removals and emerging technologies like fusion and superhot rock geothermal energy.
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Document type: Fact sheet
Net Zero Stocktake 2024
The Net Zero Stocktake 2024 finds that while net zero target-setting is increasing among companies, cities, and subnational governments, very few (5% or less) meet all minimum integrity criteria. The report highlights a significant rise in target-setting by Asian companies and notes that while national targets often act as an ambition 'ceiling', some subnational governments in countries like Australia, Germany, and India have set more ambitious targets than their national governments.
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Document type: Report
Solar power continues to surge in 2024
The world is on track to install 593 GW of solar power in 2024, a 29% increase over 2023. China remains the dominant market, projected to account for 56% of global additions. Growth is widespread, with significant surges in India and the US, and emerging markets like Pakistan and Saudi Arabia showing rapid increases in solar panel imports. This trajectory puts the goal of tripling renewable power capacity by 2030 within reach, provided grid and storage constraints are addressed.
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Document type: Report
Latest trends in climate litigation against fossil fuel companies
The document identifies a rapid increase in climate lawsuits against major fossil fuel producers, noting that annual filings nearly tripled since 2015. It categorizes these cases into primary types—most notably compensation for climate damages, misleading advertising, and emissions reductions—and highlights emerging trends such as criminal liability claims and challenges to project permitting. The analysis emphasizes the role of attribution science in quantifying corporate liability and the potential for landmark rulings, such as the one against Shell in the Netherlands, to set global precedents.
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Document type: Briefing
IS A GLOBAL PUBLIC GOODS BANK NECESSARY?
The document examines the systemic under-supply of funding for global public goods (GPGs), such as climate mitigation and pandemic preparedness, relative to the trillions of dollars required. It analyzes current G20 initiatives and the roles of the IMF and World Bank, while discussing a proposal from the Indian Council for Research in International Economic Relations (ICRIER) to create a consolidated GPG bank. The author provides recommendations for the South African G20 presidency to lead on consolidating funding windows, establishing equitable governance, and exploring global taxes to bridge the financing gap.
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Document type: Policy brief