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Tracking Methane Action in the Dairy and Coffee Sector
The report finds a significant gap in methane action within the dairy and coffee sectors, with only three companies setting 2030 reduction targets and 15 failing to disclose emissions for 2024 or 2025. While members of the Dairy Methane Action Alliance (DMAA) generally outperform non-members, performance varies widely, and dairy co-operatives are noted as lagging. Danone is highlighted as a leader, having achieved a 29.8% reduction in methane emissions from fresh milk and dairy products by 2025. The report also notes that major global supermarkets are currently failing to disclose methane emissions or set targets, and warns that upcoming EU regulations like the CSRD and CSDDD will make such disclosures a legal obligation.
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Document type: Report
Comment in Support of HB5000 (Health Facilities Planning.)
The Private Equity Stakeholder Project supports Illinois HB5000, arguing that private equity's expansion into healthcare—through leveraged buyouts, roll-ups, and joint ventures—often leads to higher prices, increased debt, and reduced quality of care. The document details specific financial tactics like sale-leasebacks and dividend recapitalizations, and highlights the growth of private equity in ambulatory surgery centers and physician practice management, urging regulators to increase oversight to protect patient access and cost.
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Document type: Statement
2025 in Review
In 2025, global electricity generation reached a historic milestone as renewables overtook coal power for the first time in 100 years, accounting for 33.8% of the global mix. This shift was driven by a record increase in solar power generation (636 TWh), which alone met 75% of the global electricity demand growth. Consequently, global fossil generation saw a slight decline of 38 TWh, marking the first such decrease since 2020 outside of a global recession or exceptionally mild year. This trend was most prominent in China and India, where fossil generation fell for the first time simultaneously in the 21st century. While Asia remains the only region where coal still exceeds renewables, the global emissions intensity of electricity fell to 458 gCO2e per kilowatt hour in 2025.
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Document type: Report
Unpacking National Investment Laws
The report examines how national investment laws handle dispute prevention, management, and settlement (DPMS). It finds that while most laws include DPMS provisions—particularly in Africa and Asia—the use of international arbitration, especially through 'advance consent,' exposes states to significant financial risks. The authors advocate for prioritizing national courts and non-adjudicative mechanisms, providing a structured framework for states to reform their investment laws based on specific national policy problems rather than generic international standards.
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Document type: Report
Analyser les lois nationales sur l’investissement : fonction de règlement des litiges
The report examines how national investment laws handle the prevention, management, and settlement of disputes between investors and states. Based on an analysis of 167 laws, it finds that while dispute resolution is a common feature—particularly in Africa and Asia—the use of international arbitration and 'prior consent' clauses exposes states to significant financial and regulatory risks. The authors argue that states should prioritize national courts and administrative reviews over parallel arbitration systems and strongly recommend against including unilateral prior consent to international arbitration in national legislation.
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Document type: Report
Climate Conclusion: Challenges to Achieving a Low-Carbon Future
The report argues that Africa is disproportionately vulnerable to climate change and requires substantial support from wealthier nations to transition to renewables. It suggests a gradual phasing out of fossil fuels—starting with coal, then oil, and gas beyond 2050—contrasting with more rapid shifts proposed by other bodies. Key barriers identified include the failure of initiatives like JET-Ps to raise sufficient funds, the unfunded status of the loss and damage fund, and geopolitical tensions between the US, China, and the EU. The authors advocate for a differentiated global carbon tax, the operationalization of the Global Loss and Damage Fund, and the enhancement of Africa's role as a global carbon sink to balance economic growth with climate resilience.
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Document type: Report
The AfCFTA
The report highlights how Africa's infrastructure deficit, particularly in roads and aviation, increases transport costs and hinders investment. It notes a significant funding gap and a failure to implement regional air transport agreements, while acknowledging the role of China's Belt and Road Initiative in recent infrastructure development.
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Document type: Research paper
Africa’s trade challenges
The report identifies high tariffs, non-tariff barriers, and a lack of regional value chains as primary obstacles to Africa's economic growth. It highlights a disconnect between Africa's focus on individual national economies and the global shift toward regional value chains, while noting that current global trends—including a move away from long transport routes to reduce carbon emissions and geopolitical shifts—could potentially benefit Africa's growing consumer base.
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Document type: Report
Record-shattering March temperatures in Western North America virtually impossible without climate change
The report analyzes a record-shattering heatwave in the southwestern United States and northern Mexico in March 2026, finding that such an event would have been virtually impossible without anthropogenic climate change. Using a combination of observation-based data and climate models, the study estimates that the intensity of 1-in-100-year March heat events has increased by 2.6°C and their likelihood has increased by a factor of approximately 800. The document highlights the extreme vulnerability of non-acclimatized populations and the risk of accelerated snowmelt in the Sierra Nevada and Colorado mountains.
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Document type: Research paper
Quand des investisseurs institutionnels montrent la voie pour faire évoluer les gérants
Reclaim Finance calls on institutional investors in Europe and North America to hold asset managers accountable for climate risks, citing examples of mandate withdrawals and the need for concrete climate selection criteria to prevent global economic losses.
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Document type: Statement
When some asset owners lead the way in changing asset managers' climate practices
The document highlights a trend in 2025 where some European and North American asset owners began withdrawing mandates from asset managers like BlackRock and State Street due to inadequate climate strategies. It criticizes large asset managers for continuing massive investments in fossil fuel developers and calls for asset owners to implement clear climate selection criteria and escalation strategies to force a transition away from fossil fuels.
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Document type: Statement
BRIEFING NOTE A Call to Action on Health and Healthcare System Impacts of LNG and Hydraulic Fracturing
The briefing note details the adverse health, social, and environmental impacts of LNG and fracking in British Columbia, highlighting risks to rural and Indigenous communities, the strain on local healthcare systems, and regulatory failures. It calls for a moratorium on new developments until a full health impact assessment is completed and recommends a transition to a clean economy.
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Document type: Briefing
サステナブル・ファイナンス グローバル市場動向 2025 年
As of year-end 2025, the cumulative issuance of GSS+ bonds meeting Climate Bonds Initiative standards reached USD 6.8 trillion. Green bonds remain the dominant segment, surpassing USD 4 trillion in outstanding balance. The report highlights a growing focus on adaptation and resilience (A&R) finance, exemplified by the world's first certified resilience bond issued by the Tokyo Metropolitan Government and the development of the Climate Bonds Resilience Taxonomy (CBRT).
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Document type: Report
Sustainable Debt Global State of the Market 2025
As of the end of 2025, the Climate Bonds Initiative recorded a cumulative aligned GSS+ debt volume of USD6.8tn, with annual aligned volume reaching USD1.0tn for the third consecutive year. Green bonds remain the dominant label, accounting for 64% of 2025 aligned volume (USD653.5bn), while sustainability bonds reached a record annual volume of USD217.3bn. Europe leads globally in both annual and cumulative aligned volume, though the USA remains the largest single country source of cumulative aligned volume at USD887.4bn. The report also highlights the launch of the Climate Bonds Resilience Taxonomy (CBRT) to address the funding gap for climate adaptation and resilience, exemplified by the world's first CBRT-certified resilience bond issued by the Tokyo Metropolitan Government.
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Document type: Report
CEO Note: Momentum builds for mountain lions
Mighty Earth is campaigning for the reintroduction of mountain lions, known locally as catamounts, to Vermont to restore ecological balance to Eastern forests. The organization is advocating for a feasibility study, for which they have identified philanthropic funding to cover the estimated $200,000 cost, to avoid taxpayer expense. While the Vermont Fish & Wildlife Department has expressed sympathy for the goal, it has requested further research before initiating the study. The campaign draws on successful historical reintroductions of beaver and wild turkey in Vermont, as well as current coexistence models in California.
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Document type: Statement
Private Equity Healthcare Deals: 2025 in Review
In 2025, the Private Equity Stakeholder Project (PESP) tracked 1,029 private equity-backed healthcare deals in the U.S., including 151 leveraged buyouts, 664 add-on acquisitions, and 214 growth investments. The busiest subsectors were Health IT, dental care, and outpatient care. The report highlights a growing trend of private equity firms using joint ventures with nonprofit health systems to expand market access and evade antitrust scrutiny. It also notes significant expansion into pharmaceutical services, specifically clinical trial sites and institutional review boards, and home health/hospice care, where debt-driven models may divert Medicaid funds from patient care.
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Document type: Report
How to accelerate emissions reductions in the agriculture sector? Put farmers at the center of methane action
The policy brief emphasizes that because action on agricultural methane occurs on the farm, countries must design context-specific policies that support farmers' economic interests while reducing emissions. It highlights a gap in national climate strategies, noting that while many Global Methane Pledge signatories include agricultural methane in their NDCs, very few have quantifiable targets. The document advocates for a mix of economic incentives and technical support, citing Brazil's Programa Mais Leite Saudável as a model for using tax credits to drive industry-wide practice shifts. It concludes by calling for philanthropic investment in applied research and the 'Plan to Accelerate' initiative to provide the evidence base and strategic information needed to scale these interventions.
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Document type: Policy brief
WACC HANDBOOK for DIRECTORS
The WACC Handbook for Directors details the governance framework of the World Association for Christian Communication, an international NGO promoting communication as a human right. It defines the roles of the Board of Directors, the General Secretariat, and eight Regional Associations. The document specifies the legal status of WACC in the UK and Canada, outlines the duties of trustees according to the UK Charity Commission, and provides detailed rules of procedure for board meetings and conflict of interest declarations. Additionally, it identifies 'Digital Justice', 'Climate Justice', and 'Gender Justice' as current main programme areas.
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Document type: Guide
2025 banks’ energy financing ratios: the good, the bad and how to move forward
The report assesses the use of the Energy Supply Financing Ratio (ESFR) by global banks to measure sustainable power financing relative to fossil fuels. While six banks have now published or committed to this indicator, the analysis reveals a regional divide: European banks (BNP Paribas, Crédit Agricole, Groupe BPCE) often use narrow fossil fuel definitions and omit underwriting, while North American banks (Citi, JPMorgan Chase, RBC) include broader financing instruments but inflate sustainable ratios by including fossil-related technologies like carbon capture and fossil-based hydrogen.
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Document type: Research paper
Ratios de financement énergétique des banques en 2025 : le bon, le mauvais et la voie à suivre
The report examines the Energy Supply Financing Ratio (ESFR), a metric used to compare bank financing of sustainable energy versus fossil fuels. While adoption is increasing due to shareholder pressure, the author argues that current methodologies are often flawed. European banks like BNP Paribas and Crédit Agricole set ambitious targets but use narrow definitions of fossil fuel activities and omit bond/equity financing. Conversely, North American banks like Citi and JPMorgan Chase provide more comprehensive coverage of the fossil fuel value chain but artificially inflate their 'low carbon' figures by including fossil-based hydrogen, carbon capture, and non-energy sectors.
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Document type: Research paper