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 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.
Rich country leaders can unlock $6.6 trillion (USD) per year in public funding to pay their fair share for climate action at home and abroad. By ending fossil fuel handouts, making big polluters pay, and taxing the super rich, governments can raise the public money needed for a global just transition to renewables and other urgent needs from healthcare to housing.
This report details how governments’ dominant “private-sector led” approach to financing a just energy transition is prolonging the fossil fuel era.
The UP FOR GRABS factsheet shows exactly how the United Kingdom can raise the public funds needed to pay for a fair and orderly transition of North Sea oil and gas workers as part of the green energy transition. The government could mobilise GBP 6.7 billion per year through a series of readily available measures that could fund an emergency package of support for North Sea workers.
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.
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.
Oil and gas companies, and some governments, are more interested in looking like they're acting on climate change than actually acting. They spend billions on smoke and mirrors such as “carbon capture and storage,” “certified gas,” ammonia co-firing, and hydrogen when in reality, they are trying to build escape hatches to continue their dirty business as usual.
A new infographic reveals how fossil-fueled development bypasses African communities, but also illustrates the continent's potential for a just transition. As Africa holds 39 percent of global renewable energy potential, governments and banks must shift their climate finance commitments towards a renewable just transition in Africa.
*Updated September 2025* Updated analysis by Oil Change International shows that eight countries, including the United States, Germany, Switzerland, Italy and Japan, have broken their promise to end international public finance for fossil fuels by the end of 2022.
This joint position launched by 175 civil society organisations from 45 countries calls on world leaders to end OECD export finance for oil and gas, and explains how it can be done.
