"As many Global South countries face the worst debt crises we have seen in a generation and climate disasters at the same time, the IMF has a lot to answer for," said Bronwen Tucker.
Contacts Nicole Rodel: nicole [at] priceofoil.org Silje Lundberg: silje [at] priceofoil.org Today, Prime Minister Liz Truss announced the reversal of the UK’s fracking ban, despite advice from the government’s own advisors that such a move will not help lower energy...
Today in a huge win for climate, environment, and people, Equinor ASA announced that they are postponing the investment decision on the Wisting oil field in Norway.
The OECD has adopted a new list of “climate-friendly” projects that will benefit from preferential financial terms for export support. But a number of projects are poorly defined, potentially allowing for preferential financial incentives for export credit agency investments in gas.
"The World Bank cannot be effective on climate action until it stops adding fuel to the fire. We'll be looking to shareholders and Bank leadership to make serious commitments to stop all forms of support for fossil fuels,” said O'Manique.
This weekend, The People's Action for an Oil-Free Lofoten, Vesterålen, and Senja, Folkeaksjonen, is closing the chapter on a successful decades’ long campaign to protect the area’s waters from oil drilling. The victory is a first step for Norway and...
As countries conclude preliminary talks in Abu Dhabi ahead of the UAE-hosted COP28 climate summit, an agreement to phase out fossil fuels has taken center stage as a key expected outcome.
Leaders expressed ambition to keep Paris goals within reach, highlighted opportunities to cut emissions in every sector, and emphasized the need for a “phase down of fossil fuels in support of a transition consistent with limiting warming to 1.5°C”.
Just passed the halfway point at the UN climate talks in Dubai, and negotiations are heating up. Today's media advisory covers upcoming press conferences, actions, and the COP28 Coalition march for climate justice and human rights.
"Today’s announcement from the Netherlands, United Kingdom, Canada and many of their peers is a disappointment. At a time when we need rich country leaders to concretely expand their past ambition to secure a fair deal, these ministers are just...
