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Seasonal Attribution Report
Between December 2023 and February 2024, carbon pollution drove abnormal warmth for approximately 80% of the global population. Roughly 4.8 billion people experienced at least one day of temperatures that would be 'virtually impossible' without climate change. The report highlights extreme temperature anomalies in the U.S. upper Midwest and Canada, as well as high Climate Shift Index (CSI) levels in tropical regions of Southeast Asia, Sub-Saharan Africa, and the Caribbean. It also documents associated extreme weather events, including record-breaking heat in Australia and deadly floods in the Democratic Republic of the Congo.
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Document type: Report
Workshop Readout: Clean Energy is National Security
The workshop highlighted that Japan's continued reliance on fossil fuel imports creates acute security vulnerabilities and trade-offs, particularly when intersecting with climate hazards and geopolitical tensions. Participants identified that public opinion can be a driver for the renewable energy transition if technology is perceived as viable, and suggested that Japan should pursue an energy resilience alliance with like-minded countries such as South Korea and Taiwan. The report emphasizes the need for deeper inter-governmental dialogue across Japanese ministries to integrate climate security into national defense planning and to mitigate supply chain risks associated with renewable technology, specifically reliance on China.
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Document type: After-action report
Electrical Utilities Background Paper
The report establishes a framework for certifying electrical utilities and their debt instruments based on their alignment with a 1.5-degree warming scenario. It defines a global emission intensity transition pathway based on IEA Net Zero (NZE) 2023 data, requiring utilities to reduce carbon intensity from 460 gCO2/kWh in 2025 to 0 by 2050. The criteria distinguish between existing capacity, which may be retrofitted with carbon capture or low-carbon co-firing, and new capacity, for which no new fossil fuel investments are eligible. It also sets specific non-combustion emission thresholds for hydropower, geothermal, and bioenergy, and incorporates EU Taxonomy standards for CO2 transport and methane leakages.
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Document type: Report
Monitoring Progress in Green Public Procurement
The report examines how governments can monitor green public procurement (GPP) to track progress toward climate goals. It categorizes monitoring into institutionalization, outputs, and outcomes, while detailing specific tools for measuring CO2 impacts. Through case studies of South Korea, Japan, Slovenia, Denmark, Malaysia, and the Netherlands, it identifies key success factors such as strong legal mandates and e-procurement integration. It also highlights significant barriers, including data insufficiency, decentralized procurement structures, and a lack of specialized technical skills. The document concludes with recommendations for governments to define clear targets, mandate monitoring through policy, and strengthen data management systems.
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Document type: Report
STEELING OUR FUTURE
The report 'Steeling Our Future' by Reclaim Finance analyzes the financing of the 100 largest steel producers, finding that banks provided US$429 billion to these companies between 2016 and June 2023. It highlights a critical gap between banks' climate commitments and their continued support for coal-based blast furnace (BF-BOF) production, which accounts for nearly 90% of steel sector emissions. The document argues that current decarbonization targets are insufficient and calls for an immediate end to financing for new blast furnaces and the relining of existing ones to avoid stranded asset risks estimated at US$554 billion. It advocates for a shift toward hydrogen-based direct reduction of iron (HDRI) and electric arc furnaces (EAF) powered by sustainable electricity.
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Document type: Report
The future in Asia and the Pacific
The document outlines discussions from a foresight workshop involving 42 academics and practitioners from 15 countries in Asia and the Pacific. It identifies key drivers of change—specifically artificial intelligence, cultural values, and economic power relations—and their potential impacts on the environment and society. The briefing recommends transforming economic systems away from GDP-centric models, enhancing governance through AI ethics and transboundary cooperation, and centering rights and justice to protect marginalized groups and the environment.
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Document type: Briefing
Nuclear power and net zero: too little, too late, too expensive
The author argues that the UK's 24 GW nuclear target by 2050 is unrealistic. Key barriers include the long lead times for nuclear projects (typically 15-20 years), the lack of mature, commercially available reactor technologies, and the difficulty of securing private investment for high-cost projects. The document highlights the failure of the EPR-1 design and the financial risks shifted to consumers under the Regulated Asset Base (RAB) model. It concludes that nuclear power is too slow and expensive to contribute meaningfully to the UK's electricity decarbonisation goals of 2030 or 2035.
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Document type: Research paper
Earth Energy Innovation Supporting the Research, Development, Demonstration, and Deployment (RDD&D) of Next-Generation Geothermal Energy
The document argues that next-generation geothermal technologies, particularly superhot rock (SHR) energy, could provide cost-competitive 24/7 renewable electricity but are currently hindered by permitting bottlenecks, high capital costs, and research silos. It recommends expanding permitting capacity at the Department of the Interior, providing targeted financial incentives, establishing a public-private research agenda for 400°C+ conditions, and creating a new superhot field testing site to complement the existing FORGE site in Utah. Additionally, it calls for a dedicated program area within the Geothermal Technologies Office (GTO) to focus on high-temperature innovation and the improvement of shared data resources like the Geothermal Data Repository.
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Document type: Policy brief
The Fraud of Plastic Recycling
The document compiles historical evidence from the plastics industry showing a disconnect between public claims about recycling and internal assessments. Industry documents from the 1970s through the 1990s reveal that the industry viewed material recycling as economically marginal or impractical, often preferring waste-to-energy incineration. Despite this, the industry funded public relations campaigns and supported coding systems (like the SPI resin identification codes) that suggested recyclability to consumers, even when the industry knew that markets for recycled plastics were unstable or non-existent for most resin types.
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Document type: Report
CARBON MARKETS 101
The document explains the distinction between cap-and-trade systems (ETS) and baseline-and-credit mechanisms, detailing the evolution from Kyoto Protocol markets to the Paris Agreement's Article 6. It critiques carbon offsetting for enabling greenwashing and failing to reduce absolute emissions, while highlighting the specific shortcomings of CORSIA and REDD+. The guide advocates for a shift toward a 'climate contribution' approach where credits are cancelled without offsetting claims to support global climate action.
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Document type: Guide
MERCADOS DE CARBONO 101
The document explains the distinction between emissions trading systems (ETS) and carbon credit attribution mechanisms, detailing the evolution from the Kyoto Protocol to the Paris Agreement. It critically assesses the effectiveness of various market mechanisms, including Article 6.2 and 6.4, CORSIA, and REDD+, highlighting systemic risks such as 'hot air', double counting, and greenwashing. The guide argues against the use of offsets for carbon neutrality and proposes a 'climate contribution' approach instead.
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Document type: Guide
CARBON MARKETS 101
The document explains the difference between cap-and-trade systems and carbon credit mechanisms, detailing the evolution from the Kyoto Protocol to the Paris Agreement. It critiques carbon offsetting as a tool for greenwashing and argues for a shift toward 'climate contributions' where credits are retired without claims of neutrality.
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Document type: Guide
MERCADOS DE CARBONO 101
The document serves as a comprehensive primer on carbon markets, distinguishing between emissions trading systems (cap-and-trade) and credit-based mechanisms. It details the evolution from the Kyoto Protocol's mechanisms to the Paris Agreement's Article 6, while critically assessing the risks of carbon offsetting, such as 'greenwashing' and the 'hot air' problem. The guide also examines the CORSIA framework for aviation and the private certification standards of the voluntary market, ultimately advocating for a shift from offsetting to a 'climate contribution' model.
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Document type: Guide
Réponse à la Commission d’enquête du Sénat sur les moyens mobilisés et mobilisables par l’État pour assurer la prise en compte et le respect par le groupe TotalEnergies des obligations climatiques et des orientations de la politique étrangère de la France
Reclaim Finance argues that TotalEnergies' climate strategy is insufficient for a 1.5°C target, citing continued fossil fuel expansion and inadequate low-carbon investment. The document details the financial networks supporting the company, critiques the 'laxity' of French asset managers like Amundi, and proposes a comprehensive suite of regulatory and monetary reforms to redirect financial flows away from fossil fuels.
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Document type: Statement
Mission Critical Methane
The report identifies methane emissions from the oil and gas sector as a critical near-term climate risk and opportunity. It proposes a strategic framework based on emissions visibility, policy action, market activation, and accountability to drive the industry toward 'near-zero' leakage. Key recommendations include the adoption of low-methane procurement standards by governments and utilities, the use of third-party certifications like MiQ, and the implementation of policies to plug marginal wells. The document highlights recent regulatory moves in the U.S. and EU, and international initiatives like the MMRV and CLEAN frameworks, as essential steps to tip global gas markets toward low-emissions supplies.
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Document type: Report
E-Commerce Takes Centre Stage at World Trade Organization in Run-up to MC13
The document examines two primary tracks of e-commerce governance at the WTO: the multilateral Work Program on Electronic Commerce and the plurilateral Joint Statement Initiative (JSI). It highlights the reinvigorated thematic discussions under the Work Program and the 'slimmed-down' nature of the JSI negotiations following the US decision to withdraw support for data flow and source code proposals. A central point of contention is the provisional moratorium on customs duties for electronic transmissions, where developing economies argue that the loss of government revenue and restricted industrial policy space outweigh the trade cost reductions favored by developed economies.
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Document type: Research paper
COMPANIES AND CLIMATE CHANGE
The report evaluates climate transition performance across 18 Asia-Pacific markets and four key sectors: automotive, tech-electronics, healthcare, and basic industries. It finds that while mitigation goals are increasingly integrated into corporate strategies, adaptation and physical risk management remain significantly neglected. Regional analysis highlights Australia and China as leaders in low-carbon transition, while noting that coal still dominates the APAC power mix. Sectoral findings indicate the auto industry is leading in product-level decarbonisation, whereas basic industries show modest progress. The report emphasizes a critical lack of standardised ESG data reporting across all sectors, which hinders accurate assessment of corporate progress.
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Document type: Report
GLOBAL MARKET REPORT
The report examines the global tea market, highlighting the vulnerability of smallholder farmers to price volatility and climate change. It assesses the impact of voluntary sustainability standards (VSSs) like Fairtrade and Rainforest Alliance, noting that while they can provide price floors and premiums, a significant amount of certified tea is still sold as conventional. The document argues for a shift toward more transparent pricing, direct trade, and sustainable land management to ensure living incomes for producers.
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Document type: Report
Bridging the Gaps: A Survey of Methods, Challenges, and Pathways Forward for Superhot Rock Drilling
The report evaluates the technical feasibility of drilling superhot rock (SHR) geothermal wells—defined as depths >5 km and temperatures >374°C. It concludes that while the necessary technologies exist or are emerging, significant gaps remain in rate of penetration (ROP) for hard rock, high-temperature electronic tool durability, and temperature management. The analysis categorizes rock-destroying equipment into conventional rotary, hybrid, and direct energy methods, assigning Technology Readiness Levels (TRL) to each. It emphasizes that the primary barrier to progress is a lack of access to SHR conditions in both laboratory and field settings, which prevents the iterative testing needed to reduce costs and risks.
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Document type: Report
2025年に向けた日本の3つの主要な機会
The report argues that Japan can mitigate national security risks from high energy import dependency by rapidly expanding domestic renewables and upgrading its power grid. It proposes that Japan leverage its capital and technical expertise to lead transition solutions in ASEAN countries and transform Tokyo into a global center for transition finance by aligning with international standards like the Climate Bonds Standards.
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Document type: Report