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Significant risks to SMBC from East African Crude Oil Pipeline (EACOP) project
The document argues that SMBC's reported role in the EACOP project exposes the group to reputational, financial, and legal liabilities, while contradicting its own environmental and human rights commitments.
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Document type: Statement
BACKGROUNDER ON ESG RISKS JAPANESE BANK FINANCING of the East African Crude Oil Pipeline (EACOP)
The document details the significant ESG risks of the East African Crude Oil Pipeline (EACOP), including threats to biodiversity, human rights violations, and climate incompatibility. It highlights the financial and reputational risks for Japanese banks, particularly SMBC, and compares their policies with peers like Mizuho and MUFG.
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Document type: Briefing
From apathy to action: Africa’s role in deep seabed mining
Africa was instrumental in establishing the deep seabed mining regime under the UN Convention on the Law of the Sea but became apathetic following the 1994 Implementation Agreement. Currently, Africa is the only regional group that has not sponsored an entity to explore the international seabed area (the Area). While the African Union and the UN Economic Commission for Africa have integrated DSM into blue economy strategies and roadmaps, implementation has lagged. The report argues that investing in DSM is strategically appropriate for Africa as the global transition to a low-carbon economy may impact terrestrial mining. It recommends that African states consider sponsoring exploration contracts and that the AU adopt the Lomé Annexes and revise its Integrated Maritime Strategy to provide a clear legal and policy framework for DSM.
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Document type: Report
KI in Afrika: Zentrale Fragestellungen und politische Erwägungen für die Zukunft des Kontinents
The document examines the role of Africa in the global AI supply chain and the risks posed by the dominance of foreign AI firms, particularly from China and the Global North. It highlights specific harms including predatory financial offers via digital IDs in South Africa, human rights violations through facial recognition in Uganda and South Africa, and exploitative 'click work' in Kenyan refugee camps. The brief reviews emerging national AI strategies in Mauritius, Egypt, and Rwanda, and the SMARTAfrica 'Blueprint on Artificial Intelligence for Africa'. It argues that while EU frameworks like the AI Act and GDPR provide some guidance on human rights, they often fail to address African socio-economic realities, such as the gender digital divide and infrastructure deficits. The author recommends that African governments focus on building sustainable local AI ecosystems, enhancing regional data cooperation via the AfCFTA, and ensuring the economic participation of local communities.
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Document type: Policy brief
AI in Africa: Key Concerns and Policy Considerations for the Future of the Continent
The document examines the impact of AI in Africa, highlighting risks such as predatory data use in South Africa, surveillance in Uganda, and the exploitation of 'click work' in Kenyan refugee camps. It reviews national AI strategies in Egypt, Mauritius, and Rwanda, and the SMARTAfrica Blueprint, while cautioning against the uncritical transfer of EU regulatory models like the GDPR. The author recommends that African governments focus on building sustainable local AI ecosystems, enhancing digital skills for women, and establishing regional cooperation to regulate multinational tech monopolies.
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Document type: Policy brief
Call on TotalEnergies’ financiers and shareholders to push for a 1.5°C-aligned climate plan and the end of oil and gas expansion
A coalition of NGOs argues that TotalEnergies' climate strategy is incompatible with the 1.5°C goal, citing insufficient decarbonization targets and continued fossil fuel expansion. They call on investors to vote against the company's climate strategy and the reappointment of specific directors at the May 2022 Annual General Meeting, and to suspend new financial services to the company.
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Document type: Statement
Appel aux actionnaires à prendre en compte l’urgence climatique dans leurs votes lors de l’Assemblée générale de TotalEnergies
A coalition of NGOs argues that TotalEnergies' climate strategy is incompatible with the 1.5°C warming limit, citing insufficient emission reductions and continued investment in fossil fuel expansion. The signatories call on investors to vote against the company's sustainable development resolution and the renewal of specific directors' mandates, while urging a halt to new financial support until the company stops developing new oil and gas projects.
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Document type: Statement
LINKAGES BETWEEN ILLICIT FINANCIAL FLOWS AND SOCIAL PROTECTION
The report examines how illicit financial flows (IFFs) deprive East and Southern African governments of resources needed for social protection. Focusing on Uganda, Tanzania, Zambia, and Zimbabwe, it compares the scale of financial losses from tax evasion, corruption, and trade misinvoicing against the funding gaps in social assistance programmes. The study concludes that recovering these lost funds could significantly increase the coverage and adequacy of social protection floors for vulnerable groups.
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Document type: Report
Questions écrites pour SOCIETE GENERALE
Reclaim Finance has issued a series of formal questions to Société Générale regarding the bank's alignment with a 1.5°C warming trajectory. The document argues that Société Générale continues to provide significant financial services to major oil and gas developers, including ExxonMobil, Chevron, TotalEnergies, and BP, and fails to effectively exclude non-conventional hydrocarbons and coal-producing parent companies from its portfolios.
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Document type: Statement
IS TOTALENERGIES ON TRACK FOR 1.5°C?
The document argues that TotalEnergies is not on track for the 1.5°C climate goal, as its cumulative greenhouse gas emissions are projected to exceed the compatible carbon budget by at least 31.8% by 2050. It finds that the company's strategy remains driven by oil and gas expansion, with production levels expected to increase by 18.4% by 2030 compared to 2020. The analysis highlights an unsustainable reliance on carbon offsets and a CAPEX allocation that continues to favor fossil fuels over renewables.
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Document type: Briefing
Leveraging the AfCFTA Under a Unified Industrial Policy for Africa
The author contends that Africa's industrialization is hindered by a fragmented policy landscape where countries are often subject to three or more overlapping industrial strategies. This coordination failure, combined with poor infrastructure and low innovation capacity, has led to 'de-industrialisation' in Sub-Saharan Africa, where the industrial sector's contribution to GDP has declined relative to the primary sector. To leverage the AfCFTA, the paper proposes a unified industrial policy focusing on pooled resources for infrastructure, regional product specialization, SME growth, clean energy transitions, and the development of indigenous technologies.
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Document type: Policy brief
Aid for Trade Priorities on Plastic Pollution
The document argues that while Aid for Trade (AfT) is a vital tool for sustainable development, there is a significant mismatch between the low levels of development assistance for plastic pollution and the high financial flows to the petrochemical sector. It identifies specific capacity-building needs for developing countries—such as circular economy strategies, technology access, and regulatory frameworks—and proposes short- and medium-term deliverables for WTO members to integrate plastic pollution priorities into AfT work programmes.
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Document type: Policy brief
Barriers to the Institutionalization of Industrial Energy Efficiency in Africa: A Case Study from Uganda
The document examines why Uganda has struggled to institutionalize industrial energy efficiency despite government initiatives since the mid-2000s and the economic incentive of high electricity costs. Using institutional theory and a political economy approach, it argues that a robust regulatory framework and a broader consensus on the trade-offs and benefits of energy efficiency are necessary for progress.
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Document type: Research paper
Gender and Mediation
The document outlines the structural, sociocultural, and physical risks women face when participating in peace mediation, arguing that traditional security frameworks often overlook these gender-specific vulnerabilities. It highlights risks ranging from exclusion in pre-negotiations and reputational attacks to digital divide issues and psychological trauma. The briefing concludes that meaningful inclusion requires gender-sensitive security provisions, early involvement of women, and the recognition of informal mediation contributions.
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Document type: Briefing
IISD’s State of Sustainability Initiatives Review
The report analyzes the intersection of voluntary sustainability standards (VSSs) and sustainable finance in eight agricultural commodity sectors. It argues that while VSSs effectively address environmental and social risks—such as deforestation and labor rights—they often lack the rigorous economic and business management criteria that financial service providers (FSPs) require for due diligence. By benchmarking 12 VSSs against sustainable finance frameworks, the document identifies gaps in areas like corruption prevention, economic viability, and climate adaptation. It recommends that VSSs align their criteria with FSP needs, that FSPs develop preferential loan programs for certified farmers, and that governments support land tenure and infrastructure to improve investment readiness.
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Document type: Report
HOW TO VOTE AT TOTALENERGIES’ AGM
The document argues that TotalEnergies' 2022 climate plan is incomplete and incompatible with a 1.5°C pathway, citing a lack of short-term absolute Scope 3 targets and continued investment in oil and gas expansion. It recommends that investors vote against the management-sponsored 'Say on Climate' resolution and oppose the reappointment of specific Directors to signal disapproval of the company's fossil fuel strategy. The briefing also highlights legal and reputational risks associated with the EACOP project in East Africa, greenwashing lawsuits, and the company's continued assets in Russia.
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Document type: Briefing
Plastic waste management and recycling in Mombasa, Kenya
The report examines the plastic recycling ecosystem in Mombasa, Kenya, identifying a value chain that ranges from informal waste pickers to formal converters. While PET, HDPE, and PVC are recycled, other polymers like LDPE and polystyrene largely end up as litter. The study highlights significant barriers to a circular economy, including high licensing costs, poor working conditions for marginalized collectors, and a lack of designated recycling infrastructure. It emphasizes the potential of upcoming Extended Producer Responsibility (EPR) regulations to transform the sector and recommends implementing waste segregation at the source and providing financial incentives for recyclers.
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Document type: Report
FOSSIL FUEL FINANCE REPORT 2022
The report finds that the world's 60 largest banks provided USD $4.6 trillion in fossil fuel financing from 2016 to 2021, with $742 billion in 2021 alone. It highlights a significant gap between banks' net-zero commitments and their actual lending and underwriting practices, particularly regarding companies expanding oil, gas, and coal production. The analysis identifies JPMorgan Chase as the world's worst banker of fossil fuels over this period. The report also details financing in high-impact subsectors, such as tar sands, Arctic oil and gas, and coal power, while emphasizing the human rights impacts on Indigenous and frontline communities.
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Document type: Report
Waste is Wealth: The Untold Story of Esther Mirembe
The document profiles Esther Mirembe and the Namungona Women Empowerment Initiative, a savings group in a Kampala informal settlement. It details how the group provides pro-poor loans to women, converts waste from blocked drains into charcoal, and diversified into soap and mask production during the COVID-19 pandemic. The case study highlights the role of the National Slum Dwellers Federation of Uganda and Slum Dwellers International in promoting locally-led adaptation and resilience against climate change and disasters.
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Document type: Case study
Analysis of TotalEnergies Climate Report
Reclaim Finance assesses TotalEnergies' 2022 climate plan as insufficient, noting that the company's emissions are projected to decrease by only 5.8% to 6.7% between 2015 and 2030. The analysis highlights a 'fossil-first' investment strategy where over 70% of CAPEX remains dedicated to oil and gas, and criticizes the East African Crude Oil Pipeline (EACOP) as fundamentally incompatible with climate goals. The document urges shareholders to vote against the management-sponsored climate resolution at the 2022 AGM.
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Document type: Briefing