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.
This factsheet highlights three key reasons why further weakening export finance climate policy would be a costly move for Germany and the planet. We also reveal the very real consequences of Germany’s fossil fuel support in Brazil, providing a snapshot of the kind of climate-harming projects Germany may continue to support if the government does not strengthen its current policy.
Data compiled by Oil Change International (OCI) shows the EU, its member states, and Norway have committed nearly €17.3 billion in public money since 2001 to CCS projects and fossil- based hydrogen projects that plan to utilize CCS.
This report finds that CETP members cut fossil fuel finance by up to 78% but need to rapidly scale up finance for renewables and close loopholes that allow continued fossil finance.
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.
