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Global analysis
In the first half of 2025, global solar and wind generation grew sufficiently to meet and exceed total electricity demand growth, leading to renewables overtaking coal in the global electricity mix for the first time. Solar generation saw record absolute growth, while total fossil fuel generation declined slightly. Consequently, global CO2 emissions from the power sector fell marginally by 0.2%, although results varied by region, with emissions decreasing in China and India but increasing in the US and EU.
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Document type: Report
Global Electricity Mid-Year Insights 2025
In the first half of 2025, global solar and wind generation grew sufficiently to exceed total electricity demand growth, leading to renewables overtaking coal's share of the global electricity mix for the first time on record. While China and India saw declines in fossil fuel generation and emissions, the US and EU experienced increases due to demand growth outpacing clean energy in the US and unfavorable weather affecting wind and hydro in the EU.
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Document type: Report
Decoupled: how Spain cut the link between gas and power prices using renewables
Spain has significantly lowered its wholesale electricity prices by decoupling them from volatile fossil fuel costs through the expansion of wind and solar capacity. In the first half of 2025, Spain's wholesale prices were 32% lower than the EU average, with the share of hours where prices were tied to gas costs dropping from 75% in 2019 to 19% in 2025. However, a blackout on April 28, 2025, led to a 'reinforced mode' of grid operation that increased reliance on gas for stability services. This resulted in the cost of grid balancing doubling in May 2025 and renewable curtailment tripling from 1.8% to 7.2% between May and July 2025. The report highlights a lag in investment in battery storage and grid-enhancing technologies, noting that Spain's 120 MW battery fleet is only the 13th largest in Europe despite being the 4th largest power market. To address this, Spain is implementing reforms, including adding eight synchronous compensators to the mainland grid and expanding its battery storage pipeline.
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Document type: Report
Oswoić CCS. Społeczny wymiar transformacji energetycznej i przemysłowej
The report examines the social dimensions of deploying carbon capture and storage (CCS) in Poland, emphasizing that technical feasibility alone is insufficient without a 'social license to operate.' It highlights the risks of public opposition—citing failures in the Netherlands and Australia—and contrasts them with successful engagement in Japan and Norway. The authors identify low public awareness and safety concerns as primary barriers in Poland and recommend a shift from top-down communication to partnership-based engagement, including early stakeholder involvement, transparent data sharing, and tangible local economic benefits.
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Document type: Report
The International Investment Legal Regime, Climate Change, and Human Rights: An Overview
The document examines how the Investor-State Dispute Settlement (ISDS) system enables foreign investors, particularly from the fossil fuel industry, to claim compensation from states for climate policies. It highlights the 'regulatory chill' effect, where the threat of costly awards—which have increased from an average of $25 million (1994-2003) to over $250 million (2014-2023)—deters governments from phasing out fossil fuels. The briefing references July 2025 advisory opinions from the International Court of Justice and the Inter-American Court of Human Rights to affirm state duties to regulate polluting conduct. It concludes that current reform efforts, including the EU and UK withdrawals from the Energy Charter Treaty (ECT), are insufficient due to sunset clauses and inadequate carve-outs, and recommends coordinated UN-level action to eliminate ISDS threats to climate and human rights obligations.
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Document type: Briefing
Inclusion of Methane Abatement Measures in Transition Finance
The report argues that rapid methane abatement is a priority for transition finance due to its immediate impact on limiting global warming to 1.5°C. It analyzes the current financing landscape, noting a significant gap between the USD 9.6bn in private methane finance (2021/2022) and the estimated USD 48bn to USD 100bn required annually by 2030. Through case studies of 20 corporates, the report finds that while oil and gas firms generally integrate methane abatement into short-term strategies, agrifood firms struggle with supply chain tracking and specific targets. To address this, the report promotes the use of Use of Proceeds (UOP) and sustainability-linked instruments guided by Climate Bonds and Methane Finance Working Group (MFWG) criteria to ensure investments contribute to decarbonization without locking in high-carbon assets.
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Document type: Report
甲烷减排融资:油气与农食行业转型路径与实践
The report examines the financing gap for methane abatement, noting that while significant investment opportunities exist, current funding is limited compared to the estimated $48 billion annual need by 2030. It analyzes the transition plans of 20 major companies, finding that oil and gas firms are more advanced in integrating methane targets than agri-food companies. The document promotes the use of Use of Proceeds (UoP) and Sustainability-Linked Bonds (SLB), supported by new standards from the Climate Bonds Initiative (CBI) and the Methane Finance Working Group (MFWG), to avoid carbon lock-in and ensure scientific alignment with the 1.5°C goal.
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Document type: Report
Inclusión de medidas de abatimiento de metano en finanzas de transición
The document examines the current state of methane abatement financing and provides guidelines for structuring sustainable debt instruments. It analyzes the transition plans of 20 major companies in the oil and gas and agri-food sectors, highlighting a significant gap between the high potential for impact and the current marginal level of private investment. The report promotes the use of Use-of-Proceeds (UOP) and Sustainability-Linked Bonds (SLB) based on new sector-specific criteria from the Climate Bonds Initiative and the Methane Finance Working Group (MFWG) to avoid carbon lock-in and ensure credible decarbonization.
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Document type: Report
ETS2 101 An introductory guide to the ETS2 (Emissions Trading System for buildings and road transport), and the Social Climate Fund
The document provides a comprehensive introduction to the ETS2, a 'cap and trade' system starting in 2027 to reduce emissions in buildings and road transport by 42% relative to 2005 levels by 2030. It details the market mechanisms, including the Linear Reduction Factor and the Market Stability Reserve (MSR2), and emphasizes that carbon pricing must be paired with complementary policies—such as building renovations and EV electrification—to prevent price volatility and ensure a just transition. The guide also describes the Social Climate Fund (SCF), a €65 billion mechanism designed to support vulnerable households facing energy and transport poverty, and analyzes the distribution and potential misuse of ETS2 revenues among member states.
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Document type: Guide
Foxes Henhouse in the Lobby
The report argues that transnational corporations (TNCs) like Chevron, Total, and Shell maintain a 'global architecture of impunity' through sophisticated lobbying networks that capture international governance. It specifically highlights the role of the International Chamber of Commerce (ICC) and the International Organisation of Employers (IOE) in influencing the UN Human Rights Council's negotiations for a binding treaty on TNCs and human rights. The document details environmental and human rights violations in the Global South, including oil pollution in Ecuador and Nigeria, and fossil fuel projects in Uganda and Mozambique, while demanding the exclusion of corporate lobbyists from treaty negotiations to ensure accountability.
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Document type: Report
CÓMO EL CABILDEO DE LAS EMPRESAS TRANSNACIONALES AMENAZA EL TRATADO VINCULANTE DE NACIONES UNIDAS SOBRE EMPRESAS TRANSNACIONALES Y DERECHOS HUMANOS
The report argues that TNCs like Chevron, Total, and Shell maintain a 'system of impunity' by leveraging powerful lobbying organizations, such as the International Chamber of Commerce (ICC) and the International Organisation of Employers (IOE), to shape international law. It documents severe human rights and environmental abuses linked to these companies in Ecuador, Mozambique, Uganda, Nigeria, and Palestine. The document specifically critiques the current UN negotiation process for the Binding Treaty, claiming that the inclusion of corporate lobbyists as 'stakeholders' creates a conflict of interest that dilutes accountability mechanisms and prioritizes corporate profit over human rights and planetary health.
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Document type: Report
COMMENT LES LOBBIES DES MULTINATIONALES MENACENT LE TRAITE CONTRAIGNANT DES NATIONS UNIES SUR LES MULTINATIONALES ET LES DROITS HUMAINS
The report argues that multinational corporations use lobbying networks like the International Chamber of Commerce (ICC) and the International Organisation of Employers (IOE) to undermine the creation of a legally binding UN treaty on business and human rights. It documents environmental and human rights abuses by Chevron in Ecuador, Total in Uganda and Mozambique, and Shell in Nigeria, illustrating a systemic 'architecture of impunity'. The authors call for the exclusion of corporate lobbyists from UN negotiations to ensure the treaty prioritizes human rights over corporate profit.
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Document type: Report
Phasing out plan for fossil fuel subsidies
The Netherlands is implementing a multi-level approach to phase out fossil fuel subsidies, focusing on international cooperation through the COFFIS coalition and EU-wide mechanisms like the EU ETS and CBAM. Nationally, the government uses an 'external costs approach' to identify price gaps, which amounted to a fossil subsidy of 18.0 billion euros in 2024. The plan includes raising energy taxes on natural gas through 2030, introducing a differentiated air passenger tax in 2027, and phasing out specific exemptions for greenhouse horticulture and coal use. However, several subsidies remain due to international treaties (e.g., the Energy Taxation Directive) or concerns over carbon leakage and social fairness.
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Document type: Report
Uitfaseerplan fossiele brandstofsubsidies
The Netherlands is implementing a 'Whole of Government Approach' to phase out fossil fuel subsidies, focusing on international cooperation through the COFFIS coalition and EU-level mechanisms like the EU-ETS and CBAM. Nationally, the government uses an 'external costs approach' to identify pricing gaps, which amounted to a fossil subsidy of 18.0 billion euro in 2024. The plan details specific phase-out paths for various tax exemptions and subsidies, while identifying several others that remain unchanged due to international treaties or socio-economic considerations.
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Document type: Report
Cartographie de la désinformation climatique dans les médias mainstream français et brésiliens
The report analyzes climate disinformation in French and Brazilian mainstream media, finding that in France, disinformation is systemic and often linked to political and economic interests, while in Brazil, it manifests as a strategic 'invisibilization' of environmental issues driven by the agribusiness sector. It recommends strengthening media regulation, improving journalist training, and integrating disinformation detection into emergency response systems for extreme weather events.
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Document type: Report
Independent Auditor’s Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information
The World Resources Institute (WRI) received unmodified audit opinions for its consolidated financial statements and its major federal program for the fiscal year ending September 30, 2025. Total assets decreased from $538.4 million in 2024 to $436.9 million in 2025, while total net assets fell from $489.4 million to $390.8 million. The Institute's programmatic spending for 2025 totaled $274.9 million, with the largest expenditures directed toward 'Food, Forests and Water, Ocean' and 'Climate, Economics, and Finance'. Federal expenditures for 2025 totaled $9.1 million, primarily funded by the U.S. Department of State and the U.S. Agency for International Development. The auditor identified no material weaknesses in internal control over financial reporting or compliance for major federal programs.
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Document type: Report
The cost of red and processed meat
The report identifies a significant global health and economic toll from red and processed meat consumption, which is linked to type II diabetes, cardiovascular disease, and cancer. It highlights a 'treatment-over-prevention' trend in wealthy nations, particularly in Europe, where robust healthcare systems mitigate disease outcomes at a high financial cost. The authors argue that implementing fiscal policies and dietary interventions to reduce meat intake could save billions in healthcare spending and significantly reduce premature mortality and disability.
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Document type: Research paper
9 Key Findings on Global Progress Toward a Circular Economy
The global economy consumes approximately 100 billion metric tons of resources annually, with 75% coming from non-renewable sources. While the European Union leads in circular economy policy, global resource productivity has stalled since 2000, and the world must reduce per capita material consumption from 12.6 metric tons in 2022 to below 5 metric tons by 2050 to ensure sustainability. Significant disparities exist in consumption, with the top 25% of the population using 52% of the world's resources. Despite some progress in municipal waste recycling—averaging 35% across OECD countries—and the regulation of single-use products in 75 countries, systemic changes in product design and corporate monitoring are required to decouple economic growth from resource extraction.
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Document type: Fact sheet
Methane Unmasked
The report 'Methane Unmasked' by Changing Markets Foundation examines methane leakages at biogas plants in Denmark, focusing on the Nature Energy (Shell) plant in Videbæk and the Tønder plant. Using optical gas imaging and trace gas analysers, the investigation found significant methane releases at the Videbæk plant, including suspected intentional venting from a compressor unit stack. It also identified high methane concentrations near the Tønder plant, though the exact source could not be pinpointed. The report argues that methane leakage is a systemic problem in the biogas industry that can negate climate benefits, and it calls for stronger EU-wide regulations as current Danish third-party audits are deemed inadequate.
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Document type: Report
Transition plan requirements consultation
ClientEarth advocates for the UK government to mandate the development, disclosure, and implementation of transition plans aligned with the Paris Agreement. The organization argues that a 'comply or explain' framework is insufficient and that mandatory requirements are necessary to prevent 'greenwashing' and 'say-do gaps'. It specifically highlights the need for pension schemes to manage systemic climate risk through Paris-aligned anchors and robust stewardship. ClientEarth further asserts that legal risks for directors are often overstated due to the 'dishonesty standard' in English law, and that alignment with the 1.5°C goal is essential for the UK to fulfill its international obligations following the 2025 ICJ Advisory Opinion.
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Document type: Statement