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The African Union vs “the end of development”
The author examines the "end of development" narrative—the idea that income gaps between developed and developing nations may never close—and its implications for Africa. The text highlights a decline in traditional aid from the UK, EU, and Canada, alongside a drop in Chinese infrastructure loans. It identifies critical gaps in infrastructure ($68-$108 billion annually) and climate adaptation ($453 billion this decade). To counter this, the author urges the African Union to reduce aid dependency, prioritize the African Continental Free Trade Area (AfCFTA), and improve the bankability of projects to attract investment rather than relying on dwindling global generosity.
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Document type: Research paper
Refinery of the Future
The report provides a detailed market assessment of the refining industry in four key regions, analyzing the transition from traditional crude-based products to low-carbon alternatives like SAF, green ammonia, and e-methanol, while evaluating the impact of regional climate policies.
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Document type: Report
A breath of fresh air: Offshore wind in Bulgaria
Bulgaria is at a pivotal energy transition point as coal's share of electricity generation fell below 30% in 2023. While solar power has grown rapidly, wind energy has stagnated since 2012. The report highlights a technical offshore wind potential of 4.3-5 GW in the maritime exclusive economic zone near Romania, which could lower wholesale power prices by 45% by 2030 if combined with increased onshore wind and better interconnections. To achieve this, the report recommends the swift adoption of a new offshore wind law, the implementation of Contracts-for-Difference (CfDs), and the update of the National Energy and Climate Plan with explicit 2030 targets.
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Document type: Report
A first look at the EU Industrial Carbon Management Strategy
The EU Industrial Carbon Management Strategy aims to scale up CO2 capture, utilisation, and storage to meet 2040 climate targets, specifically targeting an annual injection capacity of at least 250 million tonnes in the European Economic Area by 2040. To achieve this, the Commission plans to address current imbalances in storage—which is currently concentrated in the North Sea—by establishing transparent permitting processes by 2025 and creating an investment atlas of potential storage sites. The strategy also envisions a vast transport network, potentially reaching 19,000 km by 2040, and proposes a regulatory package for CO2 transport and a demand aggregation platform by 2026. Financial mechanisms discussed include the Innovation Fund, Connecting Europe Facility, and a possible Important Project of Common European Interest for transport and storage. Additionally, the strategy emphasizes industrial carbon removals (such as BECCS and DACCS) to help reach a target of removing 400 million tonnes of CO2 per year by 2040.
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Document type: Briefing
The road to COP29: Finance, geopolitical uncertainty, and the need for a new global paradigm
The document argues that while COP28 increased ambition through technology inclusivity and pledges to scale renewables and nuclear energy, the transition now depends on effective financing and planning amidst significant geopolitical instability. It highlights that 2024 is a critical year due to widespread democratic elections and rising trade protectionism, which may prioritize domestic security over climate action. Looking toward COP29 in Baku, the authors expect a focus on the new collective quantified goal on climate finance (NCQG), the phase-out of inefficient fossil fuel subsidies, and the need for more realistic macroeconomic modeling to address a global climate financing gap estimated between $4.5 to $10 trillion per year. The text suggests that because multilateral consensus is increasingly difficult, progress will likely shift toward regional climate weeks and bi- or trilateral partnerships.
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Document type: Research paper
Barclays climate strategy: greenwashing and business as usual
Reclaim Finance argues that Barclays' updated climate policies are insufficient and misleading, claiming the bank continues to support oil and gas expansion through corporate finance and vague frameworks. The analysis asserts that the bank's Transition Finance Framework includes problematic technologies like 'blue' hydrogen and CCUS, while failing to set specific, science-based financing targets for sustainable power.
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Document type: Statement
Entre engagement complaisant et désinvestissement complet : y a-t-il une troisième voie ?
The document analyzes the limitations of both shareholder engagement and full divestment in the oil and gas sector, citing recent moves by Dutch pension funds PFZW and ABP. It argues that while divestment may not provide immediate financial pressure on companies, total withdrawal removes necessary levers of influence. Reclaim Finance proposes a strategy of stopping new capital injections (specifically new bonds) while using voting rights to block 'climaticide' strategies, including voting against director re-elections and dividend distributions.
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Document type: Statement
Designing Carbon Contracts for Difference
The document analyzes the implementation of CCfDs in Europe, specifically comparing the Dutch SDE++, the UK's Industrial Carbon Capture (ICC) contract, and the Danish CCUS Fund. It details how these mechanisms bridge the cost gap between the EU ETS carbon price and the actual cost of carbon abatement for hard-to-abate sectors like cement, steel, and chemicals. The analysis covers critical design elements including fund sizes, technology eligibility, reference and bid pricing, payment symmetry, and the management of cross-chain risks related to transport and storage (T&S) infrastructure.
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Document type: Policy brief
Comments on the Milestone Document, Canada’s 2030 National Biodiversity Strategy
CAPE argues that biodiversity loss, climate change, and pollution form an interconnected crisis that directly harms human health. They recommend a 'planetary health' approach to Canada's 2030 National Biodiversity Strategy, emphasizing the protection of green and blue spaces, the reduction of hazardous chemical pollution, and the recognition of the human right to a healthy environment. The document highlights the mental health benefits of nature exposure and the risks of zoonotic diseases resulting from habitat destruction. CAPE specifically calls for the phase-out of hazardous pesticides, the end of fossil fuel subsidies, and the centering of Indigenous knowledge and self-determination in conservation efforts.
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Document type: Statement
Nuclear power and net zero: too little, too late, too expensive
The author argues that the UK's 24 GW nuclear target by 2050 is unrealistic. Key barriers include the long lead times for nuclear projects (typically 15-20 years), the lack of mature, commercially available reactor technologies, and the difficulty of securing private investment for high-cost projects. The document highlights the failure of the EPR-1 design and the financial risks shifted to consumers under the Regulated Asset Base (RAB) model. It concludes that nuclear power is too slow and expensive to contribute meaningfully to the UK's electricity decarbonisation goals of 2030 or 2035.
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Document type: Research paper
Response to Consultation on the Austrian Carbon Management Strategy
The Clean Air Task Force (CATF) argues that carbon capture and storage (CCS) is indispensable for Austria to achieve climate neutrality by 2050, particularly for hard-to-abate sectors like cement, lime, and steel. The document recommends that Austria set specific deployment targets, remove legal barriers to geological CO2 storage, and develop a strategic plan for operationalising storage sites by 2035. To address the 'chicken and egg' problem of infrastructure investment, CATF suggests 'oversizing' transport networks and establishing an aggregation platform to match CO2 sources with sinks. Financially, the document proposes the use of carbon contracts for difference (CCfDs) to bridge the gap between EU ETS prices and decarbonisation costs, while advocating for long-term market demand through near-zero carbon product standards. Finally, it emphasizes the need for proactive public engagement and inclusive stakeholder dialogues to build political and social support for CCS.
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Document type: Statement
Insights
In 2023, EU fossil fuel generation fell to less than a third of the electricity mix (33%) for the first time, driven by a record 26% drop in coal generation. Wind and solar combined for 27% of EU electricity, with wind surpassing gas power for the first time. While solar capacity grew by 56 GW, wind generation growth remains inconsistent and below the 15% annual increase needed for REPowerEU targets. EU electricity demand fell by 3.4% in 2023 to its lowest level since 2001, though a rise of 2-3% is projected for 2024. To support this transition, the EU requires significant grid investments—estimated at €584 billion by 2030—and an increase in storage capacity to 200 GW by 2030 to manage variable renewable energy and reduce curtailment.
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Document type: Report
A better future won’t happen without better industrial policy
The Green Economy Coalition advocates for a fair green industrial strategy in the UK, criticizing the Labour Party for abandoning its £28 billion green investment pledge. The document highlights the US Inflation Reduction Act (IRA) as a successful example of structural policymaking that leverages private investment—estimated by Goldman Sachs at $3 trillion—into renewable energy. It argues that government leadership through clear, long-term commitments and mandatory net zero targets is essential to attract business investment, ensure energy security, and protect vulnerable workers during the transition from fossil fuels.
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Document type: Statement
Fiduciary Duty Evidence for the Work and Pensions Committee
ClientEarth submits evidence to the UK Work and Pensions Committee arguing that current fiduciary duty legislation is too narrow, leading trustees to prioritise short-term returns over systemic climate risk management. The organisation recommends statutory duties to manage risks to the portfolio as a whole and to assess the real-world impacts of investments on society and the environment, aligning UK practice with European standards and UN human rights principles.
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Document type: Statement
Arming Saudi Arabia: Navigating the Paradox of Power and Vulnerability
Saudi Arabia was the world's largest arms importer between 2015 and 2019, relying heavily on the US and European allies for major weapon systems. While the Kingdom has attempted to diversify ammunition sources and develop a domestic defence industry under Vision 2030, it remains constrained by the need for interoperability with NATO-standard systems and a lack of an indigenous industrial base. The brief concludes that achieving full self-reliance would take decades, leaving the Kingdom vulnerable to the policy shifts of its primary suppliers.
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Document type: Policy brief
Réponse à la Commission d’enquête du Sénat sur les moyens mobilisés et mobilisables par l’État pour assurer la prise en compte et le respect par le groupe TotalEnergies des obligations climatiques et des orientations de la politique étrangère de la France
Reclaim Finance argues that TotalEnergies' climate strategy is insufficient for a 1.5°C target, citing continued fossil fuel expansion and inadequate low-carbon investment. The document details the financial networks supporting the company, critiques the 'laxity' of French asset managers like Amundi, and proposes a comprehensive suite of regulatory and monetary reforms to redirect financial flows away from fossil fuels.
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Document type: Statement
A New Green Wave of Hope
The author contends that progressive and Green politics in Europe are currently overshadowed by right-wing narratives of fear and security. To counter this, the text suggests adopting 'hope-based' communication rooted in intrinsic values—such as empathy, care, and connection to nature—rather than rational utilitarian arguments. Drawing on brain science and political examples like the US Green New Deal, the document advocates for 'Solarpunk' visions of the future and community-building actions to create a new 'Green wave' of political agency.
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Document type: Statement
Northern Ireland Related Terrorism
The document provides an overview of Northern Ireland Related Terrorism (NIRT), tracing the conflict from the 1921 partition and 'The Troubles' to the 1998 Good Friday Agreement. It details the ideologies and activities of proscribed dissident Republican groups (such as the New IRA and CIRA) and Loyalist paramilitaries (including the UVF and UDA). The guide also highlights the role of social media in amplifying sectarian hate, the emergence of anti-immigrant and anti-LGBTQ+ mobilisations, and the impact of foreign disinformation campaigns in exacerbating domestic divisions.
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Document type: Guide
Shareholders turn a blind eye to Carlyle's fossil fuel investments
The Carlyle Group, a major private equity firm with US$382 billion in assets under management, is accused of maintaining a fossil fuel-heavy portfolio that contradicts its net-zero 2050 commitment. Research indicates Carlyle invests sixteen dollars in fossil fuels for every one dollar invested in renewable energy. A key example is Neptune Energy, a company co-founded by Carlyle that continues upstream oil and gas expansion, including in the Barents Sea. The document highlights that Carlyle's shareholders, including major asset managers like BlackRock and Amundi, overwhelmingly supported the re-election of board members at the most recent Annual General Meeting, thereby endorsing a strategy that lacks a public fossil fuel policy and fails to align with a 1.5°C pathway.
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Document type: Statement
Climate Change, Geopolitics, and Food Security: Implications for Europe, the United States, and Multilateralism
The report examines the intersection of climate change, food security, and geopolitics, highlighting how food systems are being weaponized by actors like Russia and how China's food security challenges influence its global strategy. It argues that food insecurity acts as a threat multiplier for political instability and conflict, particularly in Africa. The document advocates for a 'nexus approach' that integrates defense, diplomacy, and development to build local agricultural resilience, focusing on smallholder farmers and women to mitigate long-term climate risks and reduce global vulnerabilities.
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Document type: Report