Blog

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

“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: 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.