In the seven years since the Paris Agreement was adopted, the world’s 60 largest private banks financed fossil fuels with USD $5.5 trillion. The report lays bare the shocking fact that even as fossil fuel companies made $4 trillion in...
Ahead of the 2023 World Bank Spring meetings, we have compiled the major MDBs' 2022 energy finance data for the first time.
A new scientific paper, published yesterday in the PNAS, the Proceedings of the National Academy of Sciences, has concluded that government inventories of methane and carbon dioxide significantly underestimate the amount of gases which are released in the Gulf of...
In one of his most controversial decisions so far, President Biden yesterday approved the Willow oil and gas mega-project on the Alaskan North Slope.
Unless we kick dirty money out of politics and put communities and safety first, there will be more railroad disasters. Until then, the people of East Palestine deserve the dignity of the truth and whether their air is safe to...
President Biden’s choice of Ajay Banga is disappointing. This moment demands a World Bank leader who will prioritize the urgency of the climate crisis, not another Big Business executive with no experience in development, environmental work, or the public sector.
The IEA's latest methane data exposes the failure of industry-led voluntary initiatives to reduce methane emissions.
For years communities and railroad unions on the frontline of America’s creaking railroad network have warned of a “ticking time bomb” on the railways.
"Despite Malpass's departure, the World Bank Group still funds more fossil fuels than any other multilateral development bank. Ending this support must be top priority ahead of the Bank's Spring Meetings," said Tucker.
There are many winners and losers in war, but one of the biggest winners has been the U.S. LNG (Liquified Natural Gas) industry.
