Advancing a Fair and Funded Transition Away from Fossil Fuels at COP30
The report recommends that governments lead the fossil fuel phase-out to ensure it is rooted in justice and equity.
Oil Change International publishes upwards of 20 reports and briefings every year focused on supporting the movement for a just phase-out of fossil fuels.
The report recommends that governments lead the fossil fuel phase-out to ensure it is rooted in justice and equity.
Research released today by Oil Change International and ClientEarth, Wasting Public Money, reveals how Germany is at risk of watering down a 2021 pledge to end taxpayer-backed financing of fossil fuel projects overseas. It outlines Germany’s long-term international role as a significant backer of fossil fuel projects overseas, sounds the alarm that the German coalition may soon seek to weaken their guidelines restricting international fossil fuel finance, and reveals that Germany is considering nearly EUR 1.2 billion in support for overseas fossil fuel projects.
Keir Starmer has inherited a controversial decision from Boris Johnson’s government. The UK Prime Minister must decide whether USD $1.5 billion of UK taxpayer support should be used to enable one of the most controversial infrastructure projects of modern times: The Mozambique Liquefied Natural Gas (LNG) Project.
Last year at COP28, governments committed to transition away from fossil fuels. The next key step to make good on this landmark energy agreement is rich countries agreeing to a new climate finance goal of at least $1 trillion annually to make this possible. This will allow countries to deliver national climate plans (NDCs) due in 2025 that phase out fossil fuels.
New research shows COP Troika nations - Brazil, UAE, and Azerbaijan - plan to expand oil and gas production 32% by 2035, endangering the 1.5°C climate limit their role as COP presidencies is meant to champion. Limiting warming to 1.5°C, a key objective the COP Troika has committed to defend, requires countries to immediately end fossil fuel expansion.
For the first time, this comprehensive briefing brings together evidence to demonstrate that Norway's plans for blue hydrogen are unrealistic and economically unsound.
Last year at COP28, governments committed to transition away from fossil fuels. The next key step to make good on this landmark energy agreement is rich countries agreeing to a new climate finance goal of at least $1 trillion annually to make this possible. This will allow countries to deliver national climate plans (NDCs) due in 2025 that phase out fossil fuels. Rich countries can mobilize well over $5 trillion a year for climate action at home and abroad by ending fossil fuel handouts, making big polluters pay, and changing unfair global financial rules.
Our new briefing reveals how governments in North America and Europe are preparing to waste hundreds of billions of taxpayer dollars on these ineffective technologies, further benefiting the fossil fuel industry, despite their record profits.
This briefing from Oil Change International shows that G7 countries, which have both the capacity and the responsibility to be leaders in phasing out fossil fuels, are not walking the walk – at home or abroad: some G7 countries are massively expanding fossil fuel production at home, while others are investing in more fossil fuel infrastructure abroad. Both are catastrophic failures of leadership, which the G7 has a responsibility to correct.
This briefing assesses Shell’s fossil fuel extraction plans in light of Shell's appeal of a Dutch court verdict requiring the company to take responsibility for its climate pollution. Our analysis shows that Shell continues to plan for levels of oil and gas production and investment that undermine the world’s chances of curtailing climate disaster.