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Sustainable Debt Global State of the Market Q1 2026
The Climate Bonds Initiative's Q1 2026 report details the state of the global aligned GSS+ (Green, Social, Sustainability, and Sustainability-linked) debt market. As of March 2026, the cumulative aligned volume reached USD 6,986.0 billion, with green-labelled debt remaining the dominant theme. While the overall market saw a 9% decline in supply compared to Q1 2025 on a like-for-like basis, specific regions like France and Germany showed strong activity in social and green bonds, respectively.
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Document type: Report
Imperfect agreements can protect and implement the rule of law and sustainable development: a new way of working at the WTO
This briefing argues that 'imperfect agreements'—instruments that are incomplete, transitional, or not fully formal—can be effective tools for promoting trade and sustainable development when multilateral consensus at the WTO is stalled. The author suggests that flexible, member-driven arrangements, such as targeted trade deals and soft law commitments, can generate state practice and serve as stepping stones toward formal legal codification and WTO reform.
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Document type: Briefing
Rethinking the Concept of International Disciplines on Fossil Fuel Subsidies
The research paper argues for a binding international agreement on fossil fuel subsidies within the WTO framework to address global negative externalities and climate change. It proposes using the Agreement on Climate Change, Trade and Sustainability (ACCTS) as a model, specifically highlighting the Standardized Carbon Rate Measurement (SCRM) as a way to move beyond definitional debates. The authors suggest that successful subsidy reduction must be linked to a state's capacity to transition to green energy and may require WTO waivers on local content requirements to support renewable energy transitions.
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Document type: Research paper
The Relevance of the United Nations Legally Binding Instrument to Regulate the Activities of Transnational Corporations and Other Business Enterprises as a Structural Lever for Environmental Justice
This briefing paper argues that the proposed United Nations Legally Binding Instrument (LBI) to regulate transnational corporations is a critical structural lever for achieving environmental justice. It contends that existing voluntary frameworks are inadequate to stop corporate-driven ecological destruction and that the LBI can transform the right to a clean, healthy and sustainable environment (RtHE) into enforceable obligations, ensuring corporate liability and access to remedy across transnational value chains.
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Document type: Briefing
La pertinence de l’instrument juridiquement contraignant des Nations Unies pour réglementer les activités des sociétés transnationales et autres entreprises comme levier structurel de la justice environnementale
This briefing paper argues for the necessity of a legally binding United Nations instrument to regulate transnational corporations and other businesses as a structural lever for environmental justice. It contends that current voluntary frameworks are insufficient to ensure corporate accountability for ecological destruction and human rights violations, particularly in the Global South.
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Document type: Briefing
International Conversations on Trade and Climate: From the World Trade Organization to the United Nations Framework Convention on Climate Change
This research paper by Ieva Baršauskaitė and Antoine Bonnet analyzes the transition of trade-related climate measures from abstract policy debates to practical implementation between 2025 and early 2026. It examines the evolving roles of the World Trade Organization (WTO) and the United Nations Framework Convention on Climate Change (UNFCCC) in managing issues of transparency, interoperability, and development equity, positioning the 14th Ministerial Conference (MC14) as a critical juncture for consolidating these international efforts.
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Document type: Research paper
Methane Abatement in Sustainable Taxonomies
This report by the Climate Policy Initiative and Climate Bonds Initiative analyzes the integration of methane abatement within five sustainable finance taxonomies (Colombia, EU, Indonesia, South Africa, and Thailand). It identifies systemic gaps in sectoral coverage, technical rigor, and criteria specificity, and provides a best-practice framework to mobilize investment toward high-impact methane reduction.
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Document type: Report
CONSUMER SEAFOOD GUIDE
The Consumer Seafood Guide, published by WWF South Africa in December 2025, is a pocket reference tool designed to help consumers make environmentally responsible seafood choices using a 'traffic light' system. It provides guidance on identifying sustainable species based on the species type, the method of capture or farming, and the origin of the seafood.
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Document type: Guide
Principles for Taxonomy Interoperability
The 'Principles for Taxonomy Interoperability' report, published by the Climate Bonds Initiative in November 2025, provides a framework for sustainable finance taxonomy developers and policymakers to ensure that national and regional taxonomies are comparable and interoperable. Launched under the Taxonomy Roadmap Initiative at COP29, the document outlines seven high-level principles designed to reduce barriers to cross-border capital flows by establishing common design features, terminology, and implementation strategies while respecting jurisdictional priorities.
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Document type: Report
Princípios de Interoperabilidade Taxonômica
The 'Princípios de Interoperabilidade Taxonômica' report, published by the Climate Bonds Initiative in November 2025, provides a high-level framework to help sustainable finance taxonomy developers and policymakers increase the comparability and cross-border flow of capital. It introduces seven principles designed to align national and regional taxonomies through common languages, scientific baselines, and collaborative international efforts, supporting the broader 'Taxonomy Roadmap Initiative' launched at COP29.
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Document type: Report
From Commitment to Implementation
This guide provides a structured framework for governments to develop and implement national or subnational fossil fuel subsidy (FFS) phase-out plans. It advocates for a whole-of-government approach to coordinate across ministries and proposes a three-category classification system to prioritize subsidies based on their risk to energy security, social stability, and political feasibility. The framework aims to move governments from general commitments to actionable, time-bound implementation roadmaps.
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Document type: Guide
COMPARATIVE REVIEW OF GLOBAL APPROACHES TO ELECTRICITY TARIFF SETTING
This report provides a comparative analysis of global electricity tariff-setting methodologies, focusing on the process of determining revenue requirements and conducting Cost of Supply (CoS) studies. It examines various regulatory models—including rate-of-return, incentive-based, performance-based, and market-based pricing—and evaluates their effectiveness in balancing financial sustainability for utilities with affordability for consumers. The document concludes with specific recommendations for South Africa to modernize its tariff structures and revenue determination processes as it transitions toward a wholesale electricity market.
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Document type: Report
Offshore wind targets underpin acceleration to 2030 and beyond
This report by Ember, developed for the Global Offshore Wind Alliance (GOWA), provides a comprehensive analysis of global offshore wind targets across national, subnational, and regional levels. It examines current ambitions, deployment projections for 2030, and the potential for expansion in countries without existing targets, while highlighting the gap between political ambitions and projected delivery.
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Document type: Report
The International Investment Legal Regime, Climate Change, and Human Rights: An Overview
This briefing examines how the Investor-State Dispute Settlement (ISDS) system hinders climate action and human rights by allowing corporations, particularly in the fossil fuel sector, to sue governments over environmental regulations. It highlights the 'regulatory chill' effect, the inadequacy of current reforms like the Energy Charter Treaty withdrawals, and the significance of 2025 advisory opinions from the ICJ and Inter-American Court of Human Rights which affirm state duties to reduce emissions regardless of prior investment licenses.
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Document type: Briefing
The cost of red and processed meat
A research paper by Zero Carbon Analytics (ZCA) examines the economic and health costs of red and processed meat consumption in high-income countries. The analysis finds that wealthy nations in Asia, Europe, North America, and Oceania face a substantial disease burden from meat consumption, with some countries spending heavily to treat preventable conditions rather than investing in primary prevention. The report argues that shifting toward dietary interventions could significantly reduce healthcare spending and improve public health outcomes.
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Document type: Research paper
La relevancia del Instrumento Internacional Jurídicamente Vinculante de las Naciones Unidas para regular las actividades de las empresas transnacionales y otras empresas como palanca estructural para la justicia ambiental
This briefing paper argues for the adoption of a United Nations legally binding instrument (LBI) to regulate transnational corporations as a structural lever for environmental justice. It highlights the failure of voluntary frameworks to ensure corporate accountability for ecological destruction and human rights abuses, proposing that a binding treaty would operationalize the right to a clean, healthy, and sustainable environment through mandatory due diligence, extraterritorial jurisdiction, and effective remediation.
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Document type: Briefing
Accelerating Progress on Nature, Climate Change, and Sustainable Development in a Shifting International Trading System
This research paper examines the intersection of the evolving international trading system and the urgent need to address biodiversity loss, climate change, and sustainable development. It argues that while trade has historically contributed to environmental harm, it can be repurposed as a strategic tool for sustainability through new narratives, inclusive international cooperation, and coherent policy frameworks. The author identifies a shift from traditional trade liberalization toward 'multipurpose' approaches that balance security, resilience, and sustainability, and proposes a policy agenda to reorient trade rules, scale up sustainable technologies, and ensure equitable economic transformation for developing countries.
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Document type: Research paper
Enabling the Clean Energy Transition through Trade and Cooperation
This research paper argues that trade policies are essential for scaling the clean energy transition by expanding access to renewable technologies and energy-efficient goods. It highlights the role of reducing tariffs and non-tariff barriers, the importance of a global value chain approach for complex products like wind turbines and solar panels, and the necessity of liberalizing environmental services to support renewable energy deployment.
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Document type: Research paper
Fostering a Sustainable Bioeconomy: The Role of International Cooperation on Trade
This briefing note by the Forum on Trade, Environment, & the SDGs (TESS) examines the intersection of international trade and the sustainable bioeconomy. It provides a typology of trade-related policy instruments—including price-based measures, economic incentives, and regulatory requirements—that governments can use to promote nature-positive economic growth. The document emphasizes the need for international cooperation, particularly through the G20, to align these policies, avoid trade frictions, and support low- and middle-income countries in their transition to a sustainable bioeconomy.
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Document type: Briefing
What Is 'Loss and Damage' from Climate Change?
This guide from the World Resources Institute explains the concept of 'loss and damage' in the context of climate change, detailing the distinction between economic and non-economic losses, the history of UN negotiations, and the operationalization of the Fund for Responding to Loss and Damage (FRLD).
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Document type: Guide