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The briefing finds that while net zero commitments among the top 50 steel producers have slightly increased, half of these companies still lack a 2050 target, and 23 lack concrete intermediate milestones. Transparency remains low, with only 15 companies defining their emission scopes. The report highlights the 2023 launch of the Science Based Targets initiative (SBTi) steel sector guidance as a key tool for improving target transparency and ambition, citing SSAB and Thyssenkrupp as early adopters.

The report updates a 2021 map of advanced nuclear projects, noting an increase from over 30 to nearly 80 demonstrations globally. While North America has seen significant commercial deals and licensing milestones, China and Russia lead in actual construction and operation. The authors argue that the U.S. must accelerate federal support for fuel supply and licensing to avoid falling further behind in a geopolitical and clean energy race.

The report identifies a strategic window for the EU and UK to reset their climate and energy relationship following recent elections. It argues that the current Trade and Cooperation Agreement (TCA) is too limited and suggests a comprehensive new agreement covering industrial decarbonisation, methane, carbon capture, hydrogen, and nuclear energy. The document advocates for an 'options-based strategy' that includes clean firm power to complement renewables, and recommends aligning regulatory frameworks—such as the Emissions Trading Systems (ETS) and carbon removal certifications—to facilitate cross-border trade and infrastructure sharing.

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).

Since 2023, Chinese firms have committed over US$100 billion in outbound foreign direct investment (OFDI) across at least 130 major cleantech transactions, spanning solar, wind, batteries, and new energy vehicles (NEVs). This 'going global' strategy is driven by domestic overcapacity, which has caused solar module prices to drop 60% and battery prices 50% year-on-year, and a need to circumvent trade barriers from the US and EU. The report highlights China's dominance in the global battery supply chain, where it holds over 80% of manufacturing capacity, and its expansion into markets like Morocco, Brazil, and Thailand. For Australia, the report notes that Chinese OFDI reached a multi-decade low of US$613 million in 2023, and argues that Australia should clarify its foreign investment rules to attract Chinese private capital for onshore value-adding in critical minerals and renewable energy infrastructure.

The Institute for Economic Justice argues that requiring social grant recipients in South Africa to prove active job-seeking is a flawed policy. It contends that unemployment is structural rather than a result of individual effort, and that conditionality would exclude millions of needy people, increase administrative costs, and potentially lead to labor exploitation and lower wages. The document advocates for an unconditional Universal Basic Income Guarantee (UBIG) as a more effective and just alternative.

The Institute for Economic Justice (IEJ) argues that requiring social grant recipients in South Africa to prove they are actively seeking work is a flawed policy. The document contends that unemployment in South Africa is structural rather than a result of individual effort, noting an expanded unemployment rate of 42.6% (12.38 million people). It asserts that job-seeking conditions create high administrative costs, penalize caregivers—particularly women—and may force workers into low-wage, exploitative employment. The IEJ advocates for an unconditional Universal Basic Income Guarantee (UBIG) as a constitutional right, contrasting this with proposals from the World Bank, National Treasury, and certain political parties to replace the COVID-19 Social Relief of Distress (SRD) grant with conditional job-seeker support.

The Institute for Economic Justice (IEJ) argues that imposing work-seeking conditions on social grants in South Africa is a flawed policy. It contends that unemployment is driven by structural economic failures rather than a lack of effort from job seekers. The document highlights that the costs of searching for work—estimated at R1,469 per month for youth—far exceed the R370 provided by the Social Relief of Distress (SRD) grant, making conditionality a barrier to survival. Furthermore, it argues that such requirements violate constitutional rights to social assistance and could lead to labor exploitation by forcing people into low-wage, poor-quality jobs.

The document contends that requiring social grant recipients in South Africa to prove they are actively seeking work is an ineffective policy that ignores the structural nature of the country's unemployment. It argues that such conditions would exclude millions in need, impose high administrative and compliance costs, and violate constitutional rights to social assistance. The author specifically critiques proposals from the World Bank, National Treasury, and political parties (DA and Rise Mzansi) to replace the Covid-19 Social Relief of Distress (SRD) grant with a conditional work-seekers' grant, noting that the cost of job searching (approximately R1469 for youth) far exceeds the grant value (R370).

The 2024 Private Equity Climate Risks Scorecard reveals that 21 analyzed private equity firms are responsible for an estimated 1.17 gigatons of annual emissions from upstream operations, LNG terminals, and coal plants. The report argues that the industry's lack of transparency and continued investment in fossil fuels obstruct the global transition to a 1.5°C warming scenario. It ranks firms from 'B' to 'F', with EIG Global Energy Partners receiving the lowest grade due to its high emissions and low alignment with climate demands. The authors call for mandatory disclosures and a just transition for workers and impacted communities.

The paper assesses how the EU's CSDDD may address gaps in Swedish national legislation regarding the human rights of Sámi reindeer herding communities affected by mining. While the CSDDD introduces mandatory due diligence and civil liability, the authors note it lacks explicit references to Free, Prior and Informed Consent (FPIC) and relies on a risk-based approach that leaves significant room for corporate interpretation.

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.

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.

The document advocates for a progressive tax agenda to address extreme poverty and wealth concentration, particularly in Sub-Saharan Africa. It proposes several instruments: Financial Transaction Taxes (FTTs) to curb speculation and raise billions annually; net wealth taxes to target the super-rich; property taxes to leverage immobile assets; and Resource Rent Taxes (RTT) for the extractives sector. Using South Africa as a case study, the brief demonstrates that a combination of these taxes could generate substantial revenue to fund social protection, healthcare, and a Universal Basic Income Guarantee, potentially increasing GDP growth.

The EU CRMA and UK CMS aim to reduce dependence on China and secure supplies for the green transition, but their domestic focus may hinder African industrialization. While the EU targets 10% domestic mining and 40% processing by 2030, its international partnerships are criticized as extractivist. The brief highlights a misalignment in 'criticality' definitions, where African states prioritize regional industrialization and specific minerals like gold or coal, which may conflict with Western climate goals or sanctions. It concludes that without a shift toward supporting in-country processing and reducing certification costs for local firms, these strategies will fail to create mutually beneficial partnerships.

The authors propose a streamlined framework to detect and map extreme events—specifically heatwaves, droughts, and floods—by selecting optimal environmental indicators and thresholds. Tested in Sweden using data from 1922–2021, the framework identified increasing occurrences of heatwaves and floods in large areas, while finding no significant trend for droughts. The study also identified compound hazard hotspots in northern Sweden, where drought-heatwave and drought-flood events are positively correlated between June and August.

The study examines compound flooding in Halmstad, Sweden, identifying a correlation between river discharge and sea level annual maxima driven by the North Atlantic Oscillation (NAO). Future compound flooding risks are projected to be primarily driven by mean sea level rise and secondarily by increased mean river discharge.

The author contends that the rise of far-right parties, such as Germany's AfD, is partly a reaction to climate policies that lack social equity. To combat this, the text advocates for a 'post-growth' framework and the implementation of community-led energy solutions that prioritize human well-being over profit. It calls for developed nations to accelerate emission cuts and for the EU to shift fossil fuel subsidies toward carbon-free heating to ensure a just transition.

The report highlights that China's steel sector requires at least CNY1.6tn (USD220bn) in fixed-asset investment for decarbonisation by 2050. While the labelled bond and loan markets have the capacity to provide this capital, current issuance from the steel sector is minimal, representing only 0.1% of the Chinese labelled bond market. The document recommends aligning provincial transition finance guidelines with national and international standards, encouraging the use of greenhouse gas (GHG) emission-reduction targets in sustainability-linked bonds (SLBs), and implementing green public procurement to stimulate demand for low-carbon steel.

The policy brief outlines three core principles for the implementation of the EU's Social Climate Fund (SCF): ensuring meaningful public participation, prioritising structural solutions over temporary relief to avoid fossil fuel lock-ins, and mobilising additional financing beyond the mandatory 25% contribution. It argues that the SCF's budget of EUR 65 billion is insufficient to tackle the root causes of energy and transport poverty and calls for the redirection of ETS revenues and the elimination of fossil fuel subsidies to support vulnerable households.