Research

*Updated March 27, 2025* At the UN COP26 climate conference, signatories of the Clean Energy Transition Partnership (CETP) agreed to international public finance for fossil fuels. This briefing, which will be updated regularly as new policies come out and new signatories join the commitment, tracks implementation efforts and assesses whether countries are on track to keep their promise.

Since May 2021, Shell has expressed interest to develop ten new oil and gas extraction assets, which could lock in additional CO2 pollution (325 million metric tonnes) two times greater than the Netherlands’ total CO2 emissions in 2021.

Approving new gas pipelines and liquified natural gas export facilities would lead to hundreds of millions of tons of carbon dioxide equivalent per year for decades to come.

This paper outlines priorities for the Beyond Oil and Gas Alliance (BOGA) and its members that were identified by civil society groups to turn what has remained a largely aspirational diplomatic initiative into a force for increased climate action in line with equity, justice, and science.

The Mountain Valley Pipeline will not enable U.S. LNG exporters to export more gas to Europe, is not needed in the Southeast, and will increase GHG emissions and make it harder to reach our climate targets. MVP is a false solution looking for a problem. It’s out of date and out of time.

Our new report finds that Cheniere’s new lifecycle emissions tags appear to be pinned to a misleading methane emissions analysis that woefully undercounts actual leakage volumes.

The Glasgow Statement on public finance requires signatories to end new direct overseas support for fossil fuels by the end of 2022 and fully prioritize finance for a clean and just energy transition. But only a handful of signatories have begun to turn these pledges into action.

Despite an array of new ‘net zero’ pledges released in the past two years, the climate promises of major U.S. and European oil and gas companies still fail to meet the bare minimum for alignment with the Paris Agreement, according to a new study.

This briefing illustrates how G7 public finance flows remain severely misaligned with climate goals. G7 public finance for fossil fuels between 2018 and 2020 totalled over USD 100 billion, four times its support for renewable energy.

This briefing shows that companies are set to make £11.6 billion windfall on UK oil and gas in 2022 and why the UK government is missing this opportunity to fund an energy transition.