Research

Gas infrastructure locks in decades of new carbon emissions and slows the transition to clean energy. This fact sheet provides insights into the latest research on achieving fossil-free electricity.

The new briefing provides preliminary energy finance data for 2022 and shows that not only investments in new fossil fuel infrastructure are incompatible with meeting climate goals, but also that they are not needed for energy security and development goals.

In advance of this year's G7 Summit, 353 organizations from 58 countries have signed a letter calling on G7 leaders to stop financing fossil fuels; cancel debt payments in global South countries grappling with COVID-19 and climate impacts, and pay their fair share of climate finance to global South countries for climate adaptation among other demands.

At this year's G7 meeting countries are discussing how to "build back better" towards a "greener, more prosperous future." This factsheet explains the current state of G7 finance for fossil fuels and why it needs to shift to clean energy.

Instead of funding clean energy solutions, G20 governments and multilateral development banks still overwhelmingly fund the problem, averaging nearly $72 billion per year in public finance for fossil fuels compared to less than $19 billion per year for renewable energy.

A new report released by Oil Change International, Public Citizen, and the Sierra Club examines how a new wave of gas pipeline construction threatens to shunt serious risks and costs on to utility ratepayers.

A dual focus on increasing access to energy services for the world’s poorest and promoting clean sources of energy is a win-win scenario for development and the environment.

This study finds that none of the World Bank Group’s fossil fuel finance directly targets the poor or ensures that energy benefits are reaching the poor.