Blog

Read the latest insights and analysis from the experts at Oil Change International.

Activists warn post-COP28 Japan-ASEAN summit will be full of greenwashing and dangerous distractions

COP28’s historic agreement sent a long overdue signal on the end of the fossil fuel era, but glaring loopholes in the agreement could be exploited as Japan hosts the ASEAN summit and Asia Zero Emissions Community Summit. 

“Global Financial Architecture” reform must see rich countries pay their fair share for fossil fuel phase out.

As communities face rising debts and rising seas, pressure from people-powered movements has put global financial architecture reform on the multilateral agenda for the first time in decades. This is desperately needed, as our current international monetary, trade, tax, and debt rules are limiting how much funding is available for climate action.

Explainer: Latest data shows the World Bank Group and its peers are still locking in a fossil future

Ahead of the 2023 World Bank Spring meetings, we have compiled the major MDBs' 2022 energy finance data for the first time.

As IPCC demands urgent climate action, Pacific nations step up, but Italy and UK reach new lows as rogue climate states

Yesterday, the message from the world’s leading climate scientists was their most brutal and stark yet. It was unequivocal.

Blocking a Carbon Bomb: Tiwi Islanders prevent $4.7 billion Barossa offshore gas project in Australia

In a landmark decision, the Federal Court of Australia ruled that Santos Ltd, one of the world’s top 20 largest oil and gas companies, would not be allowed to drill in the Barossa gas fields off the coast of northern Australia, solidifying legal victory for the Tiwi Islander Plaintiffs.

COP27 attendees say countries must keep their ‘Stop Funding Fossils’ promise, or lose credibility

At COP27, with just a month to go until the deadline, attendees called on countries to keep their Glasgow Statement pledge to stop public finance for fossil fuels.

Pressure grows on World Bank boss to quit over funding of climate chaos

Last week, civil society advocates from across the world convened outside the Washington DC headquarters of the World Bank to protest the Bank’s highly controversial financing of deadly fossil fuel projects.

Explainer: What the COP26 and G7 promises to stop funding fossils in 2022 mean for climate and communities

39 countries and institutions signed a joint commitment to end any support for fossil fuels flowing abroad by the end of 2022, and in its place prioritize finance for clean energy. Recently the G7 reaffirmed their commitment and were now also joined by Japan, the only G7 member who hadn’t signed on. Here's what that means.

Judgement Day: Big Oil bosses face Congress over decades of climate denial

Today Big Oil will appear before Congress to answer for their decades long climate denial campaign. It is the first time that collectively the bosses of Exxon, BP America, Chevron, and Shell have all testified together under oath.